Changes will apply to new customers from July 1st and existing customers renewing policies from same date
Laya Health
Insurer announced in April that it would re-enter the Irish private health insurance market later this year
With the insurer clearly seeing a gap in the market, ‘aggressive competition is to be expected’
Inside Business podcast with Ciarán Hancock
The as yet unnamed venture is to begin selling private health insurance in the second half of 2024
Health insurer has given no plausible explanation for selecting some of its most popular plans for closure
Older people are typically paying almost 50 per cent more for cover than younger cohorts
Head of largest insurer in the State says Laya deal ‘is transformative’
Price increase to come into effect on April 1st and follows similar increase by VHI on March 1st
Falling interest rates may offer some support but acquirers are wary of policy changes here and abroad
People are reconsidering the merits of private cover amid sharply rising insurance costs
As the private health cover rises sharply, insurers need to be more proactive in telling customers when cover changes so they do not face surprise demand for payment upfront
The candidates shortlisted for Deal of the Year and Future Leader have been announced for the awards, which are run in association with Bank of Ireland
Some 71% of the more than 2 million people with private health insurance have never moved provider
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