Laya Health
The as yet unnamed venture is to begin selling private health insurance in the second half of 2024
Health insurer has given no plausible explanation for selecting some of its most popular plans for closure
Older people are typically paying almost 50 per cent more for cover than younger cohorts
Head of largest insurer in the State says Laya deal ‘is transformative’
Price increase to come into effect on April 1st and follows similar increase by VHI on March 1st
Falling interest rates may offer some support but acquirers are wary of policy changes here and abroad
People are reconsidering the merits of private cover amid sharply rising insurance costs
As the private health cover rises sharply, insurers need to be more proactive in telling customers when cover changes so they do not face surprise demand for payment upfront
The candidates shortlisted for Deal of the Year and Future Leader have been announced for the awards, which are run in association with Bank of Ireland
Some 71% of the more than 2 million people with private health insurance have never moved provider
Conor Pope looks at what might happen with interest rates, for borrowers and savers, and whether other bills will rise again
Industry watchdog says there are 2.44 million people with insurance, 47.6% of total population
In August, French insurance giant agreed to buy Laya Healthcare, the Republic’s second-largest health insurer, in a deal worth €650m
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