BUPA to create 40 jobs in €1m investment
The announcement made yesterday came as a welcome shock to the people of the north Cork town, especially as only days ago the company threatened it might pull the plug on its Irish operations because of the Government’s plans to implement risk equalisation in the industry.
Risk equalisation would mean health insurers with predominantly younger clients, like BUPA, would have to subsidise VHI, whose client-base would be older and therefore a greater risk.