PRIVATE HEALTH INSURANCE (PHI)
FIND OUT IF PHI IS RIGHT FOR YOU
Salaried employees with an income that lies above the €69,300 compulsory insurance limit (Jahresarbeitsentgeltgrenze) for 2024, are free to opt out of the public insurance system and choose private health insurance. The public health insurance premiums for higher income individuals can reach up to €934 per month. Private insurance can provide greater quality of healthcare while saving you a considerable sum on monthly premiums. Making the change makes sense.
Are you self-employed or a freelancer? Then you get to decide for yourself whether you’d prefer public or private insurance. Private health insurance is especially sensible for those who seek higher quality insurance coverage and are self-employed when they are still young. If you’re slated to pay the highest premiums or want to swim free of demographic shifts, you should consider choosing PHI. You won’t just save money, but also accumulate reserves for old age and even earn sick day allowances. Also, you can flexibly adjust your monthly premiums to suit your budget by raising the excess, for example.
(Future) Civil servants
Over 94% of civil servants choose private health insurance. They do so for good reason: it’s state-subsidised by at least 50%. Special PHI tariffs even cover part of their excess, making private health insurance a very affordable option for those planning a career in civil service.
How does this compare with the option of public health insurance? Most states don’t subsidise public health insurance at all and public servants must pay the full premium. Of course, the more you earn, the higher your premiums get.
WHEN DOES PHI
3 EASY STEPS TO EXCELLENT HEALTH CARE
Our team is here to guide you through the process.
1. Have your needs checked
Let our consultants advise you on your personal situation and we’ll give you recommendations based on your needs.
2. Choose your insurer
We’ll carefully select the most suitable policies for you from the best value insurers on the market. And we help you decide which to go with.
3. Apply when you’re ready
When you’ve reviewed your offer, we’ll double-check the details together and then pass your application to the insurer. Done!
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