Irish Life Health points to increase in healthcare claims made post-pandemic as other players weigh up premium hikes
Irish Life Health says the level of claims in 2022 from private and hi-tech hospitals has been 'the highest seen since the inception of Irish Life Health in 2016' and points to 'substantial medical and general inflation'.
Increases on that scale would see many individual policies rise by in excess of €70 but, coming on the back of similar price increases rolled out earlier this year, many policies will climb by in excess of €140 over the course of the year with some family policies increasing by over €400. While both the VHI and Laya Healthcare played down the prospect of a price increase this year, Dermot Goode from Total Health Cover said precedents suggested that when one provider increased its prices, “the others tend to move” soon after that.
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