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Swiss Health Insurance Sees Record Spending on Medicines in 2023

In 2023, Swiss health insurance companies spent a record CHF9 billion ($10.2 billion) on medicines, marking a nearly 6% increase from the previous year. Factors driving this rise include an aging population, increased medication use per person, and the introduction of costly new therapies. Cancer and immune system drugs alone accounted for almost a third of total medication costs, while diabetes medication expenditures surged to CHF455 million, influenced by the high costs of new treatments like semaglutide.

Efas reform aims to enhance outpatient care and control healthcare costs

Helsana CEO Roman Sonderegger emphasizes that the upcoming Efas health reform is crucial for sustainable healthcare financing in Switzerland, aiming to reduce rising costs by shifting some outpatient expenses to cantons. While concerns about increased premiums persist, the reform is designed to alleviate the financial burden on premium payers by promoting efficiency and addressing the growing costs of long-term care.

health insurance costs rise as widow pension reforms spark controversy

ÖKK offers the cheapest basic health insurance premiums for 2025, while Helsana leads in alternative models. The Federal Council plans to reform widows' pensions, limiting them until children turn 25. Meanwhile, 3,000 North Korean soldiers are reportedly training in Russia, and Rudolph Giuliani must relinquish luxury assets to settle a $150 million damages claim.

health insurance premiums rise significantly amid increasing healthcare costs and aging population

Health insurance premiums in Switzerland will rise by an average of 6% in 2025, with Ticino facing the highest increase at 10.5%. This surge is driven by escalating healthcare costs due to new treatments, an aging population, and inflation, prompting calls for cost containment measures from Parliament. Insurers' reserves have declined to 7.3 billion francs, reflecting a loss of 1.9 billion francs in the insurance business amid rising expenses.
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