We’ll pay when VHI less dominant, says Vivas

The largest health insurer VHI should not receive any risk equalisation payments until its market share is significantly reduced, its competitor Vivas Health claimed yesterday.

Chief executive of Vivas Health, Oliver Tatten, called on Health Minister Mary Harney to adopt a policy whereby no risk equalisation payments could be made to VHI until there are five players in the health insurance market.

Parallel to this, he said VHI’s market share should be reduced to below 50% before payments are made.