Charlie Weston: Healthcare costs to rise despite VHI privatisation
HEALTHCARE premiums will keep rising despite increased competition when VHI is privatised.
Announcing its privatisation, Health Minister Mary Harney said it was her priority to make sure insurers treat customers equally, irrespective of age or health.
This means is a new system will have to be introduced to ensure everyone pays the same regardless of age, gender or medical history. This is known as community rating.