IBEC: VHI premium increase 'excessive'

Employers' group IBEC today said that the "excessive" increase in VHI premiums will be an additional burden on businesses and households, and is "reflective of the unsustainably high cost structure of the Irish health care system".

"The substantial planned increase in VHI premiums will be a major cost blow for employers, which are already facing a number of cost increasing measures in Budget 2011, " IBEC director general Danny McCoy said.