Translated with DeepL:

Both initiatives on health insurance premiums were approved in Ticino.

A majority of the population (57.08%) voted "yes" to both the popular initiative "Explosion of health insurance premiums: Enough is enough! (Initiative for 10%)" supported by the progressive wing, and the Lega Nord initiative (60.51%) "Stop fleecing citizens, make health insurance fully deductible!"

The objective of the former is to establish that health insurance premiums, net of subsidies, cannot exceed 10% of a household's disposable income. The latter aims to increase the tax deductibility of premiums.

This Sunday's vote was particularly important for Ticino and the state of its public finances. Between federal and cantonal issues, with their impact on cantonal and municipal revenues and expenditures, 500,000,000 francs were at stake. Half a billion a year, which, for comparison, corresponds to over 10% of the cantonal budget.

The abolition of imputed rental value, now certain, will reduce revenues by approximately 100 million francs a year. The approval of the Lega Nord initiative to fully deduct health insurance premiums has a similar impact. The approval of the Social Democratic Party initiative to limit health insurance premiums to 10% of income will result in additional expenditures of 300 million francs a year.

by Velistry

5 comments
  1. Inevitable after once again being the canton with the largest premium increase

    The 10% initiative was approved on a cantonal level at a very similar percentage to when the vote was held at a national level

    I’m very pleased with the result. I didn’t think the initiative to make it fully deductible was good enough

  2. They have my sympathies, but this will eventually bankrupt the canton. Ticino is among the worst affected by this very topic simply by virtue of demographics. We will arrive at the same stage in other cantons in a decade maybe. The reason is this: The population is old and getting older. The old people outnumber us. We are not having enough children. Our parents did not have enough children.

    The insurance model we have was designed in a time of population growth by means of procreation. This has not been the reality for decades. Even thirty years ago we barely maintained our demographic pyramid. Immigration can help a little, but the immigrants are also being naturalized and growing old themselves. I know one thing: We need a different model, but I am yet to see a good idea.

    Yeah, yeah. The lefties want to kill the health insurance companies, and I say good riddance. But even a single unified insurance won’t save us from what is happening. What we might need is some kind of national health insurance wealth fund, the yield of which is used to cover fully a catalogue of basic health care level.

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