Pandemic: Commission proposes compensation for businesses (cross-border guide)

The new measures aim to ensure more effective support to businesses and the self-employed in future health crises, with compensation and funding.

Contesto

In short - CSSS-S unanimously approves the revision of the epidemic law. - An obligation to compensate for loss of earnings and costs not covered is proposed. - Contributions will be paid after 30 days of waiting. - The majority wants the Cantons to assume the health expenses. - Vaccine monitoring is based on billing data. ## Key facts - What: Proposal for compensation to companies and self-employed workers - When: Recently approved vote - Where: In Switzerland, with the involvement of the CSSS-S - Who: Commission for Social Security and State Health - Amount: Not yet specified The Commission for Social Security and State Health (CSSS-S) has unanimously decided to approve a partial revision of the law on epidemics. This review aims to strengthen Switzerland's preparedness for future health crises by ensuring more effective support for businesses and self-employed workers harmed by pandemic control measures. The decision follows lessons learned during the coronavirus pandemic, which has caused significant losses to many businesses. The main novelty proposed concerns an indemnity obligation: in addition to the guaranteed bank loans already provided by the Federal Council to ensure liquidity, it would like to provide a support fund that covers current unhedged costs and profit losses. These non-repayable contributions must be paid

Dettagli operativi

Practical Implications and Scenarios The approval of this legislative review could significantly change the way companies and the self-employed deal with health crises in Switzerland. Currently, many companies rely mainly on secured loans or temporary subsidies. The proposal to introduce a non-repayable indemnity obligation, which would be activated after a 30-day waiting period, allows for more immediate support. This measure reduces the risk of bankruptcies and layoffs in health emergencies, helping to stabilize the economic fabric. In addition, the focus on monitoring based on the billing data of health insurers can improve the accuracy in tracking the trend of infections and pressure on hospitals, facilitating more timely decisions by the authorities. The commitment of the Cantons to cover health expenses could lead to greater financial responsibility at the cantonal level, but also greater autonomy in the management of resources. This scenario could lead to differences between cantons in responsiveness and health expenditure. For businesses, the new regulatory framework could result in clearer procedures and faster access times to support. However, it remains to be seen how the eligibility criteria and overall spending limits will be defined. Scenarios may also emerge ## Recommended tools For an updated estimate, use the net salary calculator and the CHF-EUR exchange comparator.

Punti chiave

How to proceed and available tools Companies and self-employed workers interested in benefiting from this aid will have to follow certain procedures. First, it will be important to monitor official communications from the Department of Health and Social Security, which will provide specific details on how to apply and eligibility criteria. The process involves an application phase, which could be managed through the dedicated cantonal or federal portals. The request must be submitted within 30 days of the occurrence of the losses or costs not covered. You may be required to provide documentation of lost revenue, such as tax returns or billing information. To facilitate the process, it is advisable to consult the salary calculator and other online tools, which can help to assess the extent of the damage and the necessary documentation. It is also recommended to keep track of all expenses and profit losses, to facilitate the submission of the application. On the financial front, the Cantons are preparing to cover the health expenses related to this emergency. It is important to inquire with the cantonal authorities about available funds and repayment methods. In conclusion, in order not to miss out on support opportunities, it is advisable to regularly consult the official channels and prepare all the necessary documentation in advance. Source: tio.ch

Punti chiave

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Frequently Asked Questions
What are the main benefits of the new measures for businesses in Switzerland?
The new measures seek to ensure faster and more effective support, with non-repayable compensation after 30 days, to cover lost profits and uncovered costs, strengthening companies' resilience to health crises.
How is vaccine monitoring based according to the CSSS-S proposal?
The monitoring aims to mainly use the billing data of health insurers, avoiding explicit mentions of teleworking, for a more precise and reliable database.
What are the main deadlines for applying for aid?
Companies and self-employed workers must submit applications within 30 days of the onset of losses or costs not covered, following the instructions of the health authorities.

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