Insurance News Spotlight
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Health Minister James Reilly is set to step up his campaign to control health insurance costs by appointing an outside expert to chair a forum of health insurance companies.
It comes amid the continuing war of words between Dr Reilly and health insurers who say charging them for public hospital beds will push up premiums by over 30pc.
It is understood Dr Reilly is now to appoint an independe
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An independent chairman is to be appointed to the consultative forum on health insurance in order to “effect real cost reductions” in the private health insurance market, Minister for Health James Reilly said last night.
The forum – made up of representatives from the main health insurance companies, the Health Insurance Authority and the Department of Health – was established last year
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The coalition Government has embarked upon one of the most radical programmes of healthcare reform since the formation of the UK’s NHS in 1948. Our goal is clear. To dismantle Ireland’s unfair and inefficient two-tier model of healthcare and replace it with a comprehensive system of Universal Health Insurance (UHI), starting in 2016. We are seeking to deliver as much reform in five years as th
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HEALTH premiums are set to rise by up to €600 a year for a typical family, a shocking new report predicts.
The pressure on premiums is coming from thousands of younger people ditching their cover, while older people are joining the healthcare system.
Costs of claims for a 70-year-old are 10 times those of someone in their 20s. Yet both people will pay the same if they have the same level o
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THE health insurance market in this country is displaying the classic symptoms of a "death spiral".
That is where the cost of an insurance plan rapidly increases due to changes in the type of person taking out the cover.
What typically happens is that the least risky ditch their insurance or drop to a lower level of cover. This death spiral is happening before our eyes in the private health
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Insurer Aviva issued the warning after commissioning a report by UCD economist Colm McCarthy, which concluded that the combination of recession and unhelpful Government policy was threatening the future of the “fragile and contracting” private health insurance industry.
Mr McCarthy said this jeopardised the Government’s proposal for a system of universal health insurance, which is pencill
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Taoiseach Enda Kenny has said the Government remains committed to free GP care but admitted a move to extend free doctor’s care to almost 60,000 people with long-term illnesses had been dropped.
His comments came after a report in yesterday’s Irish Times said the Government was set to abandon the key election commitment to extend the scheme to those with long-term illnesses as a first step
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IT can cost you €1,300 more to insure your car, depending on which company you use.
A new survey by the National Consumer Agency shows that insurance prices for men and women are now equal after the European Union banned price discrimination – but premiums still vary enormously with different insurers.
And with one in four drivers still failing to shop around, that means thousands of dri
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HEALTH insurance premiums will rise by at least €360 per family in the latest crippling blow to household budgets.
This is because the Government has revealed that legislation will be enacted in July to charge all those with health insurance for using public hospitals.
Experts say customers will now be hit with a knock-on hike in premiums of at least 15pc – on top of multiple increases a
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The Government will have to make a commitment on investing up to €200 million in the VHI within the next six weeks if it is to meet a deadline agreed with the European Commission of securing authorisation from the Central Bank by the end of the year, the State-owned health insurer has warned.
The Irish Times understands that VHI chairman Martin Sisk also told Minister for Health James Reilly
IFG McGivern Flynn Teoranta trading as Insure4less is regulated by the Central Bank of Ireland
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