VHI to hike price of health insurance by 7% from October

VHI has hiked prices twice in just six months, with the two increases combined raising prices by almost 12%

Speaking on the increases, Aaron Keogh, Managing Director, Vhi Insurance Dac said, "We are conscious of the financial pressures that many of our members are facing, however, the price increase is necessary to ensure that we continue to meet member’s healthcare needs." Picture Dan Linehan

Health insurance provider VHI has announced a significant hike in prices which will see customers pay hundreds more for their premiums.

Coming into effect from the 1st of October, the provider said the 7% price hike was driven by a "significant" increase in demand for healthcare following the pandemic, with the announcement marking the company's second hike in just six months.