Laya Healthcare plans a 6.5% premium increase for Oct 1, citing healthcare costs, demand, and new tech/high-cost drugs.
Laya Healthcare, Ireland's second-largest health insurer, plans to increase its customers' average premiums by 6.5% from October 1. The price hike follows two increases last year and one earlier this year, with the insurer citing rising healthcare costs, increased demand for services, and the impact of new technologies and high-cost drugs as reasons for the increase. The company also announced changes to benefits covering excess and shortfall payments across its plans, including a 'per visit' excess on the QuickCare benefit.
August 16, 2024
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