Level Health, supported by Aviva, is raising the cost of its health insurance plans by an average of 6% starting April 7, the first increase since its launch last November. Families can expect to pay significantly more, with the Plan B 300 package costing €140 more and top-tier Plan D increasing by €400 annually. This price hike is attributed to the rising health insurance levy, which supports a community rating system ensuring equitable pricing regardless of individual health status. Despite these increases, Level Health's plans remain competitive in the market.
An adult on the high-level Plan D will face paying an extra €400 a year, indicating significant cost increases for health insurance policies this year.
Despite these increases, many of Level Health's plans will be competitive with the others, highlighting the firm's resilience even amidst price hikes.
The premium hikes reflect the increasing cost of providing healthcare, driven by the Government's decision to increase the health insurance levy.
As demand for treatment continues to grow, the increase in healthcare access is leading to higher claims across hospitals and everyday medical expenses.
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