Irish Life Health is implementing a price increase on 130 of its plans, marking its fourth price rise announcement in just over a year, raising premiums significantly.
Families renewing their health insurance are facing hefty increases, with Irish Life's average hike on plans at 3.75%, translating to over €500 more for many households.
The arrival of Level Health in the market brought hopes for more competitive pricing, yet the trend of escalating costs persists with other insurers like VHI and Laya also raising premiums.
Compared to previous years, these new adjustments considerably impact family insurance costs, indicating ongoing challenges in stabilizing health insurance prices despite market changes.
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