Wednesday 18 October 2017

How to get the best deal in private health cover

The health insurance market now has over 260 plans with more to come next month
The health insurance market now has over 260 plans with more to come next month

Patrick Brennan

Thousands of households across the country have begun the process of renewing their private health insurance. The market now has over 260 plans with more to come next month. So how to ensure you are getting the best value for your money?

Fresh in the minds of all those renewing will be the myriad of newspaper headlines and media sound bites of the past year reminding them of how the market is in crisis and of how insurers have been hiking up premiums yet again.

Some of the headlines included the Health Minister James Reilly's decision to impose costs of €130m on the four health insurers for the use of public beds in public hospitals; an unexpected reduction of tax relief on insurance premiums in the Budget; and the expected increase in the government levy in March, with a further increase announced for March 2014.

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