Basic health insurance premiums are set to rise by an average of almost  €10 a month next year, cabinet sources have told the Telegraaf, a week ahead of the new cabinet’s budget presentation.

Although health insurance companies are free to set their own fees, the health ministry always estimates what it thinks will happen. The €10 rise would take the average cost of health insurance to €160 a month, or €1,900 a year.

The average premium now is just under €150 a month, although there are wide differences between insurers. They have until November 12 to publish their new fees, after which people have six weeks to switch to a new provider.

Healthcare benefits for low income families also rise, in line with government estimates.

Sources in The Hague told the Telegraaf that the increase in premiums is down to inflation and higher wage costs.

The new right-wing government has said it plans to halve the own risk element, currently €385, in 2027, but experts suggest this will lead to a further increase in basic premiums.

Joint research by the Dutch consumers’ authority ACM and the national health council NZA in June said health insurance policies are so similar that it can be difficult for consumers to spot the differences and get the best value for money.

Last year, three in five consumers could have saved an average of €103 a year by studying the policies on offer in more detail, the agencies said. Most of those who could have cut their bills had a basic insurance policy which was extremely similar to a cheaper alternative.

Last year, consumers had a choice out of 60 basic policies offered by 20 different healthcare providers. Four companies Achmea (Zilveren Kruis), VGZ, CZ and Menzis control 90% of the market.