Ireland: Hibernian Health cuts prices in December while all other insurers announce massive price hikes!

Hibernian Health will run its biggest price promotion ever by reducing prices by 10% across all levels of cover for consumers who join on selected dates in December.

  • Savings of over €130 per adult and €320 for a family switching from VHI Plan B in December.

Hibernian Health will run its biggest price promotion ever by reducing prices by 10% across all levels of cover for consumers who join on selected dates in December. This follows the news that the two other players in the market are to apply some of the biggest price increases ever seen by health insurance customers, as Quinn Healthcare announced a price increase of over 16% and VHI announced an average price increase of 23% for their customers.

This price promotion is open to anyone who commences cover on 21 or 30 December and means that Hibernian Health's already competitive prices will bring extra savings to consumers looking for better value with their health insurance, without compromising on cover. Anyone switching from VHI Plan B will save €130 per adult before year end and should they choose to renew their VHI plan in January, they will be paying €298 more than Hibernian Health's "we plan" Level 2 during the promotion.

Jim Dowdall, managing director of Hibernian Health commented that he expected this offer to prove extremely attractive to consumers in light of the recent increases by Quinn Healthcare and the VHI.

"Since the announcements that VHI and Quinn are to increase their prices, we have had an increased number of enquiries from both individuals and companies looking to switch their health insurance. We have always promoted how easy it is to switch and now with our price promotion, it is even more attractive for people to switch their health insurance sooner rather than later."

These increases follow the Department of Health and Children's proposal that all health insurers should apply a €160 levy to adult premiums from January onwards. This is a proposal which is being challenged strongly by Hibernian Health.

Jim added: "We have sought clarity on the recent regulations proposed by Minister Harney and we feel that the proposals are unwarranted, extreme and a form of state aid. It's our belief that a ‘knee jerk' acceptance of these measures does not serve our customers well. We are committed to welcoming people of all ages at the same price and this promotion is an indication of that view."

Switching health insurance can be done at any time and is worthwhile considering the savings and additional benefits available immediately. You do not have to wait until your renewal date to switch and there will be no loss if benefits if switching to an equivalent level of cover.

This price promotion is available to anyone who commences cover on 21 or 30 December. There a number of ways in which you can switch your cover as policies may be bought through the Hibernian branch network nationwide, through brokers or through the Hibernian Health website (www.hibernian.ie/health) or through the call centre (1850 716 666).

-ends-

Issued by Drury Communications on behalf of Hibernian Health

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