The HOSPITAL PLUS BONUS supplementary hospital insurance policy has been classified as a closed portfolio since 1 January 2018. For this reason, all insured persons have the option to voluntarily switch to the HOSPITAL Semi-Private supplementary hospital insurance policy without a medical examination.
In principle, you can switch to HOSPITAL Semi-Private at any time as of the first of the following month, however with effect on 1 January 2019 at the earliest. You can, of course, keep your HOSPITAL PLUS BONUS supplementary hospital insurance policy and profit from all existing product benefits. However, the premiums in a closed portfolio can increase more significantly over the long term than for a supplementary hospital insurance policy with an open portfolio.
Please note the comparison of benefit components between HOSPITAL PLUS BONUS and HOSPITAL Semi-Private:
If you switch to the HOSPITAL Semi-Private supplementary hospital insurance policy, the bonus model will no longer apply. This means that you will not be entitled to a no-claims bonus discount. In return, you will also no longer risk losing your bonus level if you claim benefits.
One-off premium refund
If you apply to switch to HOSPITAL Semi-Private by 31 December 2018, we will give you a one-off premium refund to compensate you for the difference between your current 2018 premium and the premium of the new product for the period from 1 January to 31 December 2018. This amount will be paid out in February 2019.
The reason for this one-off premium refund is this: On 1 January 2018, the Swiss Financial Market Supervisory Authority (FINMA) declared the product HOSPITAL PLUS BONUS to be “closed” in accordance with Art. 156 of the Supervision Ordinance (ISO). This means that too few new insured persons were added to this product’s insured group (= all insured persons who took out a HOSPITAL PLUS BONUS policy through Helsana). As a result, you would have been entitled to transfer to an equivalent product at the start of 2018. As this was unfortunately not possible, we agreed with the Swiss Financial Market Supervisory Authority (FINMA) to allow you to transfer to a comparable product as of 1 January 2019. HOSPITAL Semi-Private, a modern supplementary hospital insurance policy, was developed for this purpose. You may now transfer to this new policy voluntarily and without a medical examination as of 1 January 2019.
No contribution from old age provisions
People insured under HOSPITAL PLUS BONUS do not receive any contribution from old age provisions. Since this product previously did not have any need for old age provisions, none were created.