No thats not the case. This modelling shows that it is never worth going for the non ‘extreme’ deductibles.
Take for example the CHF1500 row, that is if you spend CHF1500 on healthcare costs for that year. If you took the following deductibles you would pay the total amounts:
- CHF 300 deductible = CHF4350
- CHF 500 deductible = CHF4398
- CHF 1000 deductible = CHF4515.60
- CHF 1500 deductible = CHF4632
- CHF 2000 deductible = CHF4300.80
- CHF 2500 deductible = CHF3967.20
Here we can see that CHF2500 deductible is the cheapest.
Now if we look at the CHF 2000 row:
- CHF 300 deductible = CHF4400
- CHF 500 deductible = CHF4448
- CHF 1000 deductible = CHF4565.60
- CHF 1500 deductible = CHF4682
- CHF 2000 deductible = CHF4800.80
- CHF 2500 deductible = CHF4467.20
The CHF300 is now the cheapest.
For every single row either the CHF2500 deductible or the CHF300 deductible is always the cheapest option.
The cheapest of each row is highlighted in green.