Irish Life boss can't answer the big question: when will wave of health insurance hikes end?

"Ann Marie Nestor says younger clients and corporate customers are needed for the sector to survive"

"Ann Marie Nestor has a lot to say about the state of Ireland's health insurance market and the problems it faces."

"From the structural issues threatening the sector with a growing affordability crisis, to the potential of a European challenge should the State not implement badly-needed reform, the new managing director of Irish Life Health (ILH) is ready to engage."

Structural issues threaten Ireland's health insurance sector and are creating a growing affordability crisis. The sector requires more younger clients and increased corporate customers to maintain financial sustainability. Failure by the State to implement essential reforms could prompt a European legal challenge against current arrangements. Irish Life Health faces these market pressures while seeking engagement on policy and industry changes. Addressing demographic imbalance, premium affordability, and regulatory gaps is critical to prevent further market deterioration and to secure long-term viability for insurers and consumers. Timely state action and targeted measures to attract younger and corporate policyholders can stabilise premiums and reduce risk to consumers.

Read at Independent