Irish Life Health hikes cost of insurance by almost 5% in latest increase

Recent CSO figures show the price of health insurance has risen by more than 10% in the past 12 months 

"Increasing premiums is a very difficult decision and we remain focused on ensuring we minimise this as much as possible," said Irish Life Health managing director, Ger Davis. 

Health insurer Irish life has announced its third price hike in 12 months, with its latest increase of 4.8% set to take effect from January 2024.

Following increases which took effect in July and March this year, most plans have now risen by up 10-15% on last year, costing families anywhere from €150 to €600 extra for cover, warns health insurance broker, Dermot Goode.