Monday 5 December 2016

Price hikes killing the golden goose

Published 30/11/2011 | 12:33

The announcement that health insurer Quinn Healthcare is to increase its prices by 12pc is further evidence that the government's policy of exploiting private health insurance customers as a source of extra revenue has passed the point of diminishing returns.

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The price increase, which comes into effect at the beginning of next year, will add at least a further €300 a year to premiums paid by a family of two adults and two children.

So how can people continue to afford to pay such extraordinarily high premiums at a time of rising taxes, falling wages and mounting job losses?

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