Irish Life Health ups insurance prices for third time in one year
Announcement follows emergence of Level Health as a fourth provider in market
Announcement follows emergence of Level Health as a fourth provider in market
Health Insurance Authority says average policy price is now €1,712 and that consumers view private cover as a necessity not a luxury
Sometimes more choice does not benefit consumers, and health insurance is a prime example
Premiums could rise anywhere from 6% to 25% even as benefits of some plans are reduced, industry expert warns
Payouts eclipse €1.3bn Canada’s Great West-Lifeco paid Government to buy Ireland’s largest life and pensions group in 2013
Private premiums climbed 10% in 2023 with more price hikes announced this year already
Irish Life refused small financial respite as child was 16 years old – and refused to pay towards accommodation unless it was for a B&B or a hotel, not an apartment
Changes will apply to new customers from July 1st and existing customers renewing policies from same date
With the insurer clearly seeing a gap in the market, ‘aggressive competition is to be expected’
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Average price of health insurance premiums increased 10% in 2023 to almost €1,600
Health insurer has given no plausible explanation for selecting some of its most popular plans for closure
Older people are typically paying almost 50 per cent more for cover than younger cohorts
People are reconsidering the merits of private cover amid sharply rising insurance costs
As the private health cover rises sharply, insurers need to be more proactive in telling customers when cover changes so they do not face surprise demand for payment upfront
Some 71% of the more than 2 million people with private health insurance have never moved provider
Conor Pope looks at what might happen with interest rates, for borrowers and savers, and whether other bills will rise again
Policy prices to increase by an average of 4.8% from January
Industry watchdog says there are 2.44 million people with insurance, 47.6% of total population
Double increase price ‘shock’ to take effect for Laya customers from October 1st with competitors expected to follow
Insurer has announced two recent price increases citing rising hospital procedure costs
If you have been on the same policy for more than three years you are probably overpaying by about 25%
Public patients may now have to wait up to two years longer than all private patients for access to innovative therapies
Irish Life Health has expressed concerns about the impact of plans to amend regulations for minimum health insurance benefits.
While you may be adept at claiming money back for a GP visit, many of us fail to claim a host of other benefits
Laya Healthcare and Irish Life Health must be unsettled as leading oncologists clearly direct patients to rival VHI
Irish Cancer Society calls for re-examination of ‘whole system’ of drug reimbursement
Two cancer patients and two oncologists raise concerns about how customers of private health insurers Irish Life and Laya Healthcare are losing out on access to new cancer treatments
Irish Life Health points to increase in healthcare claims made post-pandemic as other players weigh up premium hikes
Price rises set to average 5 per cent and will see family policies climb by between €160 and €220
Insurer said it would be contacting its customers in the coming weeks with details
Declan Bolger to take over Irish Life role as David Harney moves to European role
Woman faces €40,000 bill for drug licensed in Ireland but not for her head and neck cancer
Patient’s insurer refuses to cover €40,000 cost of treatment as drug has not been approved for particular cancer
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