Private health insurers are getting millions written off with taxpayer picking up bill

The risk of bad debt from unsubmitted claims is most relevant to one private health insurer, indicating significant financial impacts on public hospitals and insurers alike.

Delays in hospitals submitting invoices have resulted in €3.5 million being written off, exacerbating the financial pressure on cash-strapped public hospitals.

Health insurance companies emphasize the importance of timely claims submission to avoid financial write-offs, with delays causing both insurers and hospitals to suffer.

Laya Healthcare stated it typically processes claims within its normal payment terms, stressing that eligible in-patient claims should be submitted within one to two years.

Read at Irish Independent