The Healthy Choice (Money)
Swiss News 2010, June
This book is available for download with iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.
Switzerland has arguably the most efficient state, mandatory and private insurance systems in the world. However, many consider the mandatory insurance cover to be excessive and, therefore, too costly. It is difficult to determine what is adequate, as this depends upon personal circumstances and an individual's attitude to risk. Let's take a look at the health insurance system, so you can make an informed decision. Almost every person domiciled in Switzerland must take out health insurance regardless of age. Anyone arriving in Switzerland with the intention of staying must take out such insurance within three months of arrival. Parents are also allowed three months in which to insure their newborn children. (Exceptions to the rule include employees working in the EU, diplomats, short-term contracted employees, lecturers, students and scientists. These men and women are required to apply for exemption, which is granted when they prove they are insured elsewhere to at least the level of the Swiss compulsory basic health insurance.)
- Category: Business & Personal Finance
- Published: Jun 01, 2010
- Publisher: Swiss News
- Seller: The Gale Group, Inc.
- Print Length: 5 Pages
- Language: English
More by Brien Donnellon
- Financing Education: Parents Should Arguably Begin Financial Planning for Their Children's Education as Soon as They Start Their Family. Due to the Upwardly Spiralling Costs of Education, It is Possible That in 18 Years It Will Be Something for the Privileged Few. Currently, Semester and Living Costs for Four Years at a Private University in Switzerland Can Cost in Excess of Sfr 100,000 (Money)
- Life Insurance: At Some Point in Our Lives Many of US will Ask Ourselves Whether Or Not We Need Life Insurance. This Financial Instrument Allows US to Protect Loved Ones when We're Gone and Provides a Means to Finance Our Objectives--from Education to Retirement--While We are Alive. It can be a Major Investment, So We Strongly Recommend That You Learn the Basics Before Speaking to an Insurance Company...