It is never worth taking a health insurance deductible that is not CHF300 or CHF2500

[Bojack]

@paul

I think that your reasoning is based on the fact that you know how much you are going to spend in an year

You can imagine a function like this:
TOTAL EXPENSES = function(HEALTHCARE BILLS, DEDUCTIBLE)
y = f(x)

Then for each deductible you can draw a chart, which I did already once in this forum, July 2018 (oh how quickly the stuff gets buried here). Then you can see which deductible gives you the lowest expenses for each level of healthcare bills, which as you said, you can’t predict. And then you will notice, that the middle options are never the best.

Cost of Health Insurance

I guess more reasonable deductible options would be 1000, 3000 & 5000. The current choice is retarded. Just have a look at this chart. I put here the insurance premiums of Assura from Comparis. [medical] Clearly, if you expect medical costs under 2000 per year, you go for 2500 deductible. If they are above 2000, you go for 500 (or 300). So the options 1000, 1500, 2000 are completely useless, confusing, and there is anyway not so much difference between them.

Now when I think about it, in order to get the best deductible for you, you should try to figure out the probability distribution for your predicted healtcare bills. Then you plug it into the function for each deductible and you get the expected total cost. Maybe then the middle deductibles would start making sense? Like, what if your healthcare bills would be: 50% 0 CHF, 50% 5000 CHF. Then it would be for some years the best to take the 500 deductible, and for the others the 2500 one. But since you don’t know what to expect, maybe the 1500 one would average out as the best one? Dont’ know, would need to calculate.