DSW opens health insurance price war with €90 premium cut

Health insurance company DSW has kicked off the annual premium war by announcing plans to cut its fee for a basic health insurance package by €90 to €1,140 next year.

DSW is traditionally the first health insurance group to publish its fees ahead of the end-of-year window during which people can shop around for a new provider.

The cut takes the DSW fee to €95 a month, plus the statutory €360 own risk element. By adding a further €500 voluntary own risk charge – a move which is increasing in popularity – the basic fee is €72 a month.


The health ministry said earlier this month it expects basic premiums can go down by €24 a year to an average of around €1,226.

Last year DSW froze its premium. Other insurance companies either froze or cut their premiums by a few cents, despite a €120 rise in the own risk payment.

In July,

Both market leader Achmea and competitor Menzis dampened expectations of a reduction, despite health minister Edith Schippers’ statement that higher profits should lead to lower premiums.

Health insurers booked combined profits of €1.4bn last year, double their 2011 earnings.

Dutch health insurance is made up of a basic package, determined by the government, and top-up policies.

Since the insurance system was reformed in 2006, some 3% to 4% of people swap insurer during the change-over window at the end of the year.

Some 95% of the market is in the hands of four big combines: CZ, Menzis, Achmea and VGZ/Univé.

Thank you for donating to DutchNews.nl.

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation