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HEALTH

Which medications in Switzerland are set to become more expensive?

The cost of medications in Switzerland is already quite a bit higher than elsewhere in Europe. And now certain drugs will become even pricier.

Published: 20 May 2024 10:25 CEST
Which medications in Switzerland are set to become more expensive?
Ibuprofen is among drugs that will become more expensive. Photo by Brett Jordan on Unsplash

Swiss consumers pay significantly more for their medicines than those in neighbouring European countries. 

This is what emerges from various data published over the years.

“In Switzerland, we pay far too much for medicines compared to abroad,” Matthias Müller, a spokesperson for SantéSuisse, an umbrella group for Swiss health insurance providers, told Swiss media in 2023. 

Even the price of many generic medicines is twice as high in Switzerland as in nine EU countries.

For instance, generics are on average 48 percent cheaper in Belgium, Denmark, Germany, Finland, France, Great Britain, the Netherlands, Austria and Sweden than in Switzerland, according to a price comparison.

And prices for a number of commonly-used drugs will rise even further in the near future.

Why is that?

The Federal Office of Public Health (FOPH) is adapting a new model for calculating the distribution margin. 

A distribution margin is the difference between the distributor’s cost of acquiring goods and the price at which those goods are sold.

From July 1st, 2024, inexpensive medicines whose factory price is less than, or equal to, 15 francs will become more expensive.

This change will affect more than half of medications currently being sold in Switzerland.

As a result of this move, “additional costs of several hundred million will be passed on to patients,” according to Intergenrika, which represents generic drug manufacturers in Switzerland. 

In a nutshell, consumers will pay slightly lower prices for medicines that were previously more expensive, but will also end up paying more  for those that are currently cheaper – like generics.

Which meds will become more expensive?

Pain medications are among those set to become pricier.

One of them is ibuprofen, a popular anti-inflammatory.

While a box of 20 400-mg tablets today costs 5.92 francs, its price will practically double to 11 francs from July 1st.

Though its manufacturing cost will remain the same as today – 1.58 francs – the distribution margin will increase from 4.19 to 9.09 francs.

The same goes for another often-used pain medication, Ponstan.

Ten 500-mg tablets will cost 11.21 francs instead of 6.19 currently.

The manufacturer will continue to charge 1.82 francs for the drug, but the distribution margin will increase from 4.22 to 9.11 francs.

And even generic drugs, which are cheaper – and often by much – will get pricier, at consumers’ expense.

Will some drugs be cheaper?

Yes, some will become slightly less expensive.

One example is the anticoagulant Rivaroxaban whose price will drop from 281 to 267 francs.

READ ALSO: Why you will pay more for certain drugs in Switzerland 2024?

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For members

HEALTH

How can a foreign resident apply for Swiss disability insurance?

This particular benefit is part of the compulsory social insurance scheme for all persons living in Switzerland — including foreign citizens.

Published: 17 June 2024 13:53 CEST
How can a foreign resident apply for Swiss disability insurance?

Disability insurance (DI), also known in Switzerland as ‘invalidity’ insurance, may sound as though you have to be physically handicapped in order to be eligible to receive this benefit.

But that is not so.

It is intended to replace lost income if you can’t work for long periods of time due to health problems — whatever the type of your ailment.

According to a government brochure on this subject, “the law defines invalidity as a total or partial incapacity to work or inability to perform previous tasks. The reason for the invalidity must be an impairment of physical, mental or psychological health that cannot be overcome with medical treatment and reintegration measures. Possible causes of the health impairment are a congenital infirmity, an illness, an occupational disease or an accident.” 

Are foreigners eligible for this insurance?

Everyone working Switzerland, regardless of the nationality, is insured for DI when they pay their compulsory social security contributions.

Note, however, that you will be entitled to draw full amounts (read more about this below) only if you contribute into the social security scheme from the time you turn 21 without any gaps.

You will receive these payouts for as long as you remain in Switzerland

However, if you move away, there will be some differences  based on whether you come from the EU / EFTA states (Norway, Iceland, Liechtenstein), or a third country.

Nationals of  EU / EFTA have the same DI rights as Swiss citizens — they will continue to receive the benefits even if they move back.

But if you come from elsewhere, benefits may be limited once you return to your country of origin, if that country doesn’t have a social security agreement with Switzerland.

How can you apply for these benefits?

In order to receive the DI, you will first need to complete an application form for IV/AI benefits (form available in German, French and Italian).

You will have to provide various documents, including medical certificates and other relevant paperwork detailed in the form that will allow authorities to determine whether you are eligible to receive disability  in the first place and, if so, how much (see below).

It is in your interest to register as soon as possible.

If you wait too long, your benefits may be reduced.

How much can you expect to receive?

These payments are intended to cover your essential needs, so don’t expect huge amounts.

The benefits are determined by two factors: your average salary before you become disabled, as well as the degree of your disability, which will be determined by health professionals designated by your social security office.

Logically, the more (and longer) you earned and contributed into the system, the more you will receive.

Generally speaking, the lowest possible full DI pension is currently 1,225 Swiss francs per month.

The highest is 2,450 francs per month — if  you earned 86,040 francs or more per year and you have paid uninterrupted contributions from age 21.

What if these amounts are not enough for you to live on?

In this case you could receive supplemental benefits at a level considered adequate to maintain a reasonable standard of living.

Whether or not you are eligible for these benefits depends on your combined income and your personal wealth. You can only receive supplemental benefits as long as you live in Switzerland, though — unlike the basic DI, they are not transferable abroad.

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