Do the homework on your health insurance renewal and shop around

The majority of health insurance policies are renewed around this time of year, but are you on the right plan?

Forget about loyalty towards your current health insurance provider – shop around for a better dealiStock

More than 400,000 health insurance customers are due to receive renewal notices this month. My view is that premium increases will mean that those of us renewing our policies are likely to see massive price hikes over the coming months.

Figures published by the Central Bank last week indicated that 45 per cent of health insurance policies will be up for renewal between December and early 2017, with the regulator warning consumers to ...