VHI increases plans by 7% for 1.2mn Irish customers, marking the third price hike in a year due to healthcare cost and claims growth.

Health insurer VHI has announced that it will increase the cost of its plans by an average of 7% from March 1, affecting over 1.2 million customers. This marks the third price increase in a year for VHI, whose members accessed more healthcare services in 2023, leading to claims volumes increasing by over 20% compared to 2022. The insurer has attributed these changes to the growing cost of delivering healthcare and the increased demand for healthcare services during the cost-of-living crisis.

January 30, 2024
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