Voluntary Deductible Increase: Who Qualifies and What You Get
Learn how increasing your deductible can lower your monthly health insurance premiums in the Netherlands.
This option allows you to voluntarily raise the amount you pay out-of-pocket for medical costs before your insurance coverage kicks in. By taking on more personal financial responsibility for healthcare, you can reduce your regular insurance costs.
Who it's for
This is designed for healthy individuals who do not expect to require significant medical services or frequent doctor visits during the year.
What you get
The primary benefit is a lower monthly insurance premium, which reduces your fixed living expenses.
What it costs you
While you pay less each month, you must be prepared to pay a higher amount upfront if you do require medical care. You are essentially trading a certain monthly cost for a potentially larger one-time cost.
The catch to know
You should only choose this option if you are certain you won't need medical care this year. If you have an unexpected medical event, you will be responsible for paying the higher deductible amount yourself.
How to apply
- Review your medical history to estimate your likely healthcare needs for the upcoming year.
- Compare your current monthly premium against the lower rate offered with a higher deductible.
- Contact your health insurer to request the increase.
- Confirm the new monthly rate and the updated deductible amount in writing.