Mater clinic seeking 95 redundancy volunteers
ONE of the top private hospitals in the country said it was looking for 95 voluntary redundancies – partly due to the fall in people with health insurance.
The announcement was made by the Mater Private Hospital in Dublin, which employs around 980 staff.
It blamed tougher market conditions including the decline in the number of people who have private health insurance.
A spokeswoman said the hospital carried out a comprehensive review of its business.
"Pending the completion of staff consultation, it is seeking approximately 95 voluntary redundancies from staff as part of an overall cost-reduction programme," she said.
She said there had been a "significant reduction in the number of people with health insurance. While the amount and type of procedures that patients on lower insurance plans can access at the Mater Private has been increasing every year, the fall-off in the health insurance market has negatively impacted the sector".
She added: "The recent announcement that the tax relief on private health insurance has been reduced may cause further erosion."
Many consumers are now finding the cost of health insurance prohibitive, with 42,000 exiting the market already in the first half of this year.
The hospital said it had cut its cost base already but it still fell short and "regretfully has no choice but to reduce headcount".
It added that this was "unavoidable in order to safeguard as many jobs as possible for the future, while maintaining its high level of patient care".