Swiss reject health insurance merger.

Fonction NEWS

Voters in Switzerland rejected plans for a single means-tested health insurance system, aimed at reducing the high cost of premiums.

Some 71 per cent of voters opposed the reform in the March referendum, reportedly because they did not believe it would reduce premiums.

Under Swiss law, everyone must have a health insurance policy, and there are 87 different companies from which to choose, each offering a variety of policies. The proposal called for a merger into one insurer.

Premiums, which take no account of an individual's income, have risen on average by 2.4 per cent a year since 1990. Many people now find it unaffordable...

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