VHI will raise premiums by 3.5% from October, impacting some plans more than others while recently scrapping expensive options for older members.
VHI is witnessing increased claims from private hospital procedures, prompting a need to adjust premium rates and ultimately leading to higher costs for customers.
Broker Dermot Goode cautions that while VHI's average increase is 3.5%, some plans could see rises as high as 5%, complicating cost projections for families.
The introduction of a 25% reduction in children's premiums on select plans is a strategic move to soften the impact of overall cost increases for families.
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