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Source: Swiss Kanton Nidwalden News in German17. December 2020 The Nidwalden government council has set the parameters for the individual premium reductions for 2021. In the coming year, 18 million Swiss francs will be available for this purpose. Individual premium reductions are an accompanying measure in the area of ​​health insurance. The public sector contributions are intended for people in modest economic circumstances in order to cushion the costs of health insurance premiums. The government council sets the benchmarks for the implementation of the individual premium reduction annually. In addition to the target premium, this also includes the deductible and the share of net assets. The district administrator has increased the budget for premium reductions for 2021 by CHF 1 million to CHF 18 million compared to the current year. In order to come as close as possible to this total amount, the government council has set the annual target premium as follows: target premium for adults: 4,428 francs target premium for young adults: 3,408 francs target premium for children: 1,056 francs The target premiums correspond to those of the previous year. The calculation bases for this have changed slightly, however, which is related to an adjustment of the Health Insurance Act, which the district administrator decided this summer and which will come into force on January 1, 2021. The reduction in premiums for children will be increased from 50 to 80 percent based on superordinate federal law. The maximum reduction is only granted if the parents have a relevant tax value of less than 100,000 francs. The canton has lowered this benchmark from the original 120,000 francs in the course of the revision of the law. Furthermore, the government council’s leeway for determining the annual deductible for recipients has been reduced. If this value is set at 12 percent in the current year, the deductible in the coming year is 11 percent, which corresponds to the new maximum. In the calculation criteria for 2021, the government council has also set the proportion of net worth to be credited as in the current period at 20 percent . With these benchmarks, it can be assumed that around 24 percent of Nidwalden residents will benefit from an individual premium reduction in the next year, which corresponds to the average of previous years and roughly the Swiss average. The federal government will contribute CHF 14.36 million, which corresponds to around 80 percent. As usual, the application forms for potential recipients of a premium reduction will be sent by the compensation office in March 2021. The completed forms must be submitted by the end of April at the latest. The premium reduction is paid out directly to the health insurer.

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

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