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
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Premiums could rise anywhere from 6% to 25% even as benefits of some plans are reduced, industry expert warns
Family of patient has written to organisation representing doctors to highlight the finding
Largest general insurer in the Republic acquired the second largest player in health cover market last year in €650m deal
Private premiums climbed 10% in 2023 with more price hikes announced this year already
Changes will apply to new customers from July 1st and existing customers renewing policies from same date
Insurer announced in April that it would re-enter the Irish private health insurance market later this year
With the insurer clearly seeing a gap in the market, ‘aggressive competition is to be expected’
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The as yet unnamed venture is to begin selling private health insurance in the second half of 2024
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
Head of largest insurer in the State says Laya deal ‘is transformative’
Price increase to come into effect on April 1st and follows similar increase by VHI on March 1st
Falling interest rates may offer some support but acquirers are wary of policy changes here and abroad
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
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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
Industry watchdog says there are 2.44 million people with insurance, 47.6% of total population
In August, French insurance giant agreed to buy Laya Healthcare, the Republic’s second-largest health insurer, in a deal worth €650m
There are certain things you can do to lessen the pain of choosing a plan
Double increase price ‘shock’ to take effect for Laya customers from October 1st with competitors expected to follow
Health insurance company blames spike in volume and cost of claims being made
Signs point to another round of price hikes for consumers this year
French insurer swoops for State’s second-largest health insurer in major Irish market deal
If you have been on the same policy for more than three years you are probably overpaying by about 25%
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While you may be adept at claiming money back for a GP visit, many of us fail to claim a host of other benefits
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