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Monday 19 March 2018

Leaving? They'll make it cost you

You'll have heard that a new private health insurer,, has entered the market and no doubt they'll be hoping to entice back the 90,000 people who have cancelled their cover in the past 16 months. But if you're one of the existing 2.1 million private health insurance customers and you're thinking of switching, be careful.

If you're with VHI and you leave before your contract is up, you'll have to pay the health insurance levy of €285 for adults and €95 for children (calculated on a pro-rata basis) and an admin fee of €50. If you've had a claim paid, you'll have to pay the outstanding premium due until the renewal date.

If you joined or renewed with Laya after June 18 and you cancel, you'll have to pay the outstanding premium. And from August 1, if you cancel mid-term with Aviva, you'll pay an admin fee of €25 plus the health insurance levy.

Irish Independent

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