Friday 20 October 2017

Health cover now a complete shambles

Pay for a private health insurance policy and get peace of mind, right? Wrong.

Health insurance is now a major worry for many
Health insurance is now a major worry for many

NO NEW income taxes in 2014? The Government has got to be kidding. This Government may not call it income tax, but yet another hike in private health insurance, and a further reduction in tax relief of the payments for it, are among new expenses that amount to the same thing.

I am one of the falling number of people still paying for health insurance. And I realised last week, when my renewal fell due, that the standard level of VHI cover has gone up in price yet again. It will cost me and my wife over €400 more than it did this time last year.

On top of that, we will no longer get tax relief on the whole payment — not even at the lowest rate of taxation to which tax relief had already been reduced.

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