Average health insurance premiums rise to €1,685

The average adult health insurance premium in Ireland has increased by almost 13 per cent in the past 12 months, now standing at €1,685. The latest statistics from the Health Insurance Authority show that 46.8 per cent of the population has private health insurance, with Vhi Healthcare leading in market share. Consumers mostly opt for plans with substantial cover in private hospitals, while only 10 per cent prefer cover in public hospitals. The increase in premiums is attributed to medical inflation and higher claims. HIA CEO Ray Dolan encourages consumers to shop around for the best value and fit for their health insurance needs.

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