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Health insurance rates rise by 1.5%

National News // By Tay Kinnear // Sept. 25, 2018

Good and bad news for health insurance.

Pixabay Health insurance rates rise by 1.5%

Rates will go up next year – but by not as much as previous years. Some people may even pay less.

The Public Health Office says rate changes will average a rise of 1.5%.

Previous annual rises have averaged 3.9%.

The home affairs minister, Alain Berset, says the smaller rise comes after insurers were allowed to raise costs to build up reserves.

Younger customers will see the biggest benefit. Those under 25 will pay 15% less after the government decided to lower the premium. Older people will pay a bit more to cover the cost. 

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