Vhi announces an average price increase of 3% for private health insurance plans

30th March 2016  - Vhi today announced that it will increase prices by an average of 3% with effect from the 1st May 2016.   Vhi also announced that it has kept the price of its lowest cost plan “Start Plan” at its March 2015 launch price of €449 per adult.

According to Declan Moran, Director of Marketing and Business Development  “we regret that it is necessary to increase prices. The main factor driving today’s announcement is the rising costs of claims but the price increase is also necessary to allow Vhi to continue to provide our customers with access to the very latest in healthcare such as emerging technologies  , new treatments and high cost drugs .  We will continue to focus on cost containment through targeted claims efficiency programmes, increased activity of our special claims investigation unit and the continued transition of procedures to lower cost medically appropriate settings.”

ENDS

Vhi_Press

30-Mar-2016