Health insurance companies raising premiums again despite multiple hikes in last year

Irish Life Health is raising prices on 130 plans, continuing a trend of incremental increases affecting many families, with average hikes reaching as high as 5%.

With over 600,000 renewals happening, the price hikes signal a tough market. Even with new entrants like Level Health, relief from rising costs has yet to materialize.

For a family of four, the Irish Life Health increase translates to an additional €187 a year, while Laya’s clients could see a hike of €328 annually.

VHI’s increase on corporate plans highlights systemic pricing pressures, as families may notice premiums rising by €500 or more, inflating financial burdens.

Read at Irish Independent