Saturday July 4, 2020

Your Money: Health insurance considerations

The Expert View: Price hikes are continuing, but having quality health insurance cover remains vital for the older demographic, writes Dermot Goode.

30th March, 2014
Quality healthcare has never been so important for older consumers. Picture: Thinkstock

Health insurance costs are continuing to spiral, with VHI announcing another increase of between 5 and 11 per cent on a range of its corporate plans from April 15 next. However, having quality healthcare cover in place has never been more important, especially for older consumers.

All health insurance members need to brace themselves for a shock when their renewal notice lands. The latest price hikes across all insurers, combined with the recent reduction in tax relief, will...

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