Health insurance premiums could rise “in weeks” despite pledges that hikes are not planned, experts warned.
Some analysts urged people not to accept providers’ quotes, saying they should shop around. The alert came after Irish Life said it is raising its health cover prices for the second time this year.
VHI added it “currently has no plans for a price increase” and Laya Healthcare it will “closely monitor healthcare costs and trends”. But Daragh Cassidy, of comparison site Bonkers.ie, warned of eventual price increases. He told the Irish Mirror: “They are all affected by the same cost pressures. It could be just a matter of weeks before the others hike their premiums as well.”
