VHI: Cost of funding claims to rise 7% in 10 years
Last year VHI spent €1.3 billion in funding the healthcare needs and medical expenses of its customers, up 14% on the previous year, with more than 50% spent meeting the healthcare needs of its older customers.
The health insurer has reported a loss of €41.7m after tax for last year, compared with a deficit of €65m for the 10 months to the end of 2008.