Health insurance premiums jump 13%

Despite the ongoing increases in premiums, the section of the population covered by insurance continues to increase and now stands at 46.8%

'There have been a number of health insurance price increases across the market in the past 12 months which is attributed to medical inflation and an increase in claims. We would always encourage consumers to shop around and find the best fit and value for their lifestyle needs.'

The average cost of health insurance has increased 13% in the past year and now stands at €1,685.

The sector's regulator, the Health Insurance Authority released its quarterly market statistics for the first quarter of 2024, showing premiums rising by an average of 4% this year.