The federal emergency agency has already offered premium reductions for homeowners who elevate their boilers and other mechanical systems.
While the law explicitly allows premium reductions for 19 to 25 year olds, risk adjustment legislation demands that all insured aged 19 and more are treated equal, thus leaving no room for premium rebates.
Summing up, the Dutch and Swiss healthcare systems have several features of managed competition: insurer-specific, non-discriminating premiums, risk adjustment schemes to prevent cream skimming, and premium reductions for (higher) deductibles and MC alternatives.
This risk may explain why Swiss SHI who had MCO divisions or had jointly created a MCO did not oppose an ordinance limiting the premium reductions for MC plans to 20% of the CC alternative although achievable cost savings were higher.
City officials will urge insurance companies to offer premium reductions for safer houses, creating an incentive for doing the work, Deppe said.
To reduce the effect of drunken driving on insurance premiums and to encourage greater public awareness of the problem, the commission said, the insurance industry should consider offering liability-premium reductions for individuals or corporations that take part in alcohol-education efforts.
Premium reductions have been far less dramatic for other age groups and some women have actually seen prices go up after the implementation of the EU Gender Directive at the end of last year, so you shouldn't wait around to start saving money.
As already observed by Beck in 2004 [23], the reason for those diminishing rebates is that the Swiss risk adjustment scheme ignores the possibility for premium reductions to young adults and overcharges this age group.
Higher deductibles than the minimum of EUR 150 per year can be selected in exchange for a premium reduction.
This premium reduction is predicted to lower the annual premium for homeowners by around $900, and will hopefully enable a quarter million new buyers to purchase a home.
"To my astonishment, he admitted that the premium reduction would not have been brought to my attention unless I asked for it," he said.
