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Some doctors in Switzerland are not testing everyone with COVID-19 symptoms, and when they do, it can come at a high cost—both to patients‘ wallets and their personal safety. A personal report.

Last week, I woke up with chest pains accompanied by dry cough and shortness of breath. My first thought was: Could this be the dreaded coronavirus?

With “corona” being basically the only topic on everyone’s lips over the past few weeks, what else would I think? Nevertheless, I tried to stay calm: I am under 30 years old and in good health, so my chances of becoming seriously ill should be low.

Should I go to the hospital? Well, no: Government guidelines warn that you can infect other people. Forget about calling the hotline: A friend of mine—also in the “not at risk” category—waited on the line for hours, only to be told to self-isolate. So I called my health insurer, where a kind lady gave me the name of a nearby emergency clinic that accepts walk-in appointments. She wished me a speedy recovery.

Upon arrival at the clinic, the receptionist asked for my symptoms. “Chest pain, cough and some shortness of breath,” I said.  “Great,” she exclaimed, visibly annoyed, and gave me a mask to wear. “You can sit over there and wait for your turn,” she said, pointing to area where at least another five other mask wearers were sitting—a scene that did not exactly inspire feelings of safety.

The waiting room was, in fact, divided into two areas: people with masks on—the ones with coronavirus symptoms—and everyone else. I sat down, smiled at the lady in front of me who looked a bit afraid, and waited patiently for my turn.

The doctor called me after a twenty-minute wait, and by the time I reached his office, which was one floor higher, I was gasping for air. The doctor found that although my temperature was 37.5 degrees, my lungs were doing fine.

“Unfortunately, we don’t have the capacity to test everyone, and even if you tested positive, what would we do about it?” he asked. “Your symptoms are mild. We will check your blood to exclude other diseases. For the rest, I urge you to practice self-isolation and take some Xanax to calm down.”

According to Steven Taylor, author of “The Psychology of Pandemics” and a clinical psychologist at the University of British Columbia, the younger generations are concerned about the economic impact that COVID-19 is having on their lives.

As for me, while I was encouraged to hear that my lungs were doing fine, I wanted to know if I was infected so that I could warn people I had recently been in contact with. Including the cameraman I traveled with to Ticino—currently the hardest hit canton in Switzerland—last week who suffers from asthma. However, the doctor insisted that there is not enough capacity to test the “not at risk” part of the population.

This is despite almost a quarter of coronavirus patients in Italy—currently the country hit hardest by the pandemic—being between the ages of 19 and 50, with an increase in young patients requiring hospitalization. There are similar figures coming out of the U.S., where 705 of the first 2,500 coronavirus patients are between the ages of 20 and 44. And even if younger people have better chances of surviving the virus, they may very well be asymptomatic carriers—which makes getting tested all the more critical.

The doctor finally agreed to test me. The visit resulted in a hefty CHF 490 bill, to be paid upfront: CHF 204 for the coronavirus test, the rest for the doctor’s visit and other tests. Unfortunately, I only had CHF 280 on me at the time. When I mentioned this to the receptionist, she threatened not to proceed with the test—and only relented when I promised to pay the rest the next day.

I am now patiently awaiting the results. In the meantime, I am working from home, sticking to a strict self-isolation regimen, drinking turmeric tea—and definitely not taking Xanax.


Coronavirus fuels record sales of computer screens
Screens and other office supplies are in great demand these days as the coronavirus forces people to work from home. Digitec Galaxus is among retailers who say they are seeing record-breaking sales of some items.

Start-ups struggle to survive coronavirus
Cash-strapped start-ups that manage to stay afloat in the coming months may struggle to survive the economic aftermath of the coronavirus, says Jordi Montserrat, co-founder of Venturelab, a group that supports entrepreneurs in Switzerland. He predicts that investors will reconsider some existing projects and hold off funding for new ones.

Will hotel industry be gutted by coronavirus?
Hotels are especially exposed to the effects of coronavirus, from the spate of recent cancellations to travelers not even booking because of the current uncertainty. Ari Andricopoulos, the CEO of RoomPriceGenie, a company that helps small and medium-sized hotels price their rooms, is already feeling the pinch. “Hotel owners are fearing the worst at this stage,” he says. “There’s a good spirit of solidarity in the hotel industry, but I think we all know it’s not a good time.”

Why you can’t trust coronavirus counts
At least 613 people have tested positive for coronavirus in Switzerland, but that number isn’t a reliable measure of the outbreak. The Swiss government is abandoning efforts to keep a precise count of coronavirus cases to focus instead on easing the burden on the healthcare system and protecting the most vulnerable—the elderly and those with preexisting conditions. “The government has decided that they will only test people who are at risk, who have strong symptoms,” said Michael Hengartner, president of the ETH Board. “Young people, who might have weak symptoms, will simply be asked to stay at home to minimize contagion.” The Cantonal Hospital of Lucerne has received a recommendation from the government to limit testing to the most vulnerable or severe cases, said spokesman Markus von Rotz. “Only patients who are hospitalized and health care staff will be tested for coronavirus,” said Claude Kaufmann, a spokesman for Hirslanden Private Hospital Group, which operates 17 hospitals. “Patients with fever and cough must stay at home so that they do not infect anyone.” The Swiss Federal Office of Public Health confirmed that the cases could be far higher than reported and that “people at especially high risk are tested as a priority.“ No test, no infection This raises the question of whether the count reflects the true scale of the outbreak. Many people have been keeping tabs on the daily tally from the federal health office, relying on it to provide a measure of the severity of the situation in Switzerland. The country reported its third coronavirus death Tuesday as the outbreak worsens in neighboring Italy, which has logged over 9,000 infections and 460 deaths. It also marks a change in strategy from the early days of the outbreak, when the government ramped up testing following the first confirmed case on Feb. 25. Back then, even mild cases were being counted and traced in the effort to contain the crisis. The Swiss Federal Council said Friday that tracing the infection would continue “as long as possible.” At the same time, it indicated that protecting people by minimizing contact—at work or social events—was now the bigger priority. Large events have been banned across the country but, unlike in Italy, no blanket travel restrictions have been imposed. And the Swiss border remains open to commuters from Italy.  “With the infection rate that this virus has, it will basically cross across the human population,” Hengartner said. “It will become a pandemic. And the challenge for governments is to keep the infection rate low enough that we can always manage the patients that need to get hospitalized.”

Coronavirus shuts down Italy but Swiss border remains open
Despite a nationwide shutdown in Italy, cross-border workers are still welcome in Switzerland. CNNMoney Switzerland reports from Chiasso as the number of cases of the virus continues to grow.

Swiss border open for business
The 68,000 Italians employed in Switzerland are vital to the economy, says the president of AITI, the industry association of Ticino, which explains why the Swiss border remains open despite the lockdown in neighboring Italy.

World is losing battle to contain coronavirus, says president of ETH Board
Countries including Switzerland are abandoning efforts to keep a precise count of coronavirus cases and are focusing instead on helping hospitals cope with patient overload, says Michael Hengartner, president of the ETH Board and chairman of the Executive Committee. With a pandemic inevitable, the challenge now is to “keep the infection rate low enough that we can always manage patients that need to get hospitalized.”

COVID-19 may tip world into financial crisis, UN warns
The world is vulnerable to a financial crisis if the coronavirus epidemic drags on because it is already so deep in debt, the United Nation’s trade body warned in a report on Monday. An enduring health emergency will likely trigger margin calls, tighten borrowing conditions, and increase the risk of a stampede to sell assets not hit in the first round of market turmoil, the UN Conference on Trade and Development said. “This raises the prospect of a credit crunch in a period of high indebtedness,” despite very low interest rates, the report says. Hopes of a recovery will hinge on sustained and coordinated liquidity injections by central banks, more active fiscal policies, and renewed efforts to bolster trade. “Central banks should do whatever it takes in the face of the COVID-19, including directing credit for production and employment,” UNCTAD said. The world has been on a borrowing binge since the 2008 meltdown, when central banks pumped vast sums into cash-strapped markets and banks to shore up the system. At the start of 2020, total debt stocks exceeded more than $250 trillion, about three times global gross domestic product, according to the Institute of International Finance. Developing countries most at risk Developing countries are particularly vulnerable to a credit crunch, as many are already struggling with the highest debt levels on record. “For many developing countries that are facing debt distress already, I think we’re going to have to look at more radical solutions,” Richard Kozul-Wright, who oversees globalization and development strategies at UNCTAD, said in an interview Monday with CNNMoney’s Kasmira Jefford. “The need for a moratorium on debt servicing in some countries will also be necessary.” Economists have warned for years that such massive debt is a risk for the global economy. Record-low interest rates in countries around the globe have made it easier and cheaper for corporates, individuals, and governments to borrow. Last week, the U.S. Federal Reserve, which cut rates three times last year, slashed them by half a percentage point in response to the economic threat from COVID-19. The European Central Bank meets this week, and markets are pricing in a much smaller cut, given that rates are already in negative territory. There is also speculation that the ECB is preparing measures to provide liquidity to businesses hit by the outbreak.

More women in Swiss boardrooms
The percentage of women on the executive boards of Switzerland’s 100 largest employers has edged up to reach 10% for the first time, according to executive search firm Schilling Partners. When taking into consideration a broader boardroom study by Deloitte, that figure rises above the global average to just under 19%.

Coronavirus is good for the fertility business
The U.N. estimates the economic burden of women’s diseases to be in the tens of millions. But according to Lea von Bidder, CEO of fertility tracking company Ava, only 4% of R&D investment in health care goes towards female-specific health needs. Von Bidder tells us about the femtech gender gap and shares why the coronavirus outbreak is a boon for the fertility business.

Swapping handshakes for elbow bumps
As authorities around the world scramble to contain the coronavirus, people are facing a new dilemma: how to greet someone without a handshake. Here are five suggestions.


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Tanja Schiller
Tanja Schillerhttps://cnnmoney.ch
Mein Name ist Tanja Schiller. Ich bin 28 Jahre alt und gehe hier bei CNNMoney meiner Berufung, dem redaktionellen Schreiben, nach. Dabei will ich Ihnen dem Leser nicht nur aktuelle News vermitteln, sondern auch Produkte auf Herz und Nieren testen und schauen, ob sie wirklich halten was sie versprechen!

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