VHI sees membership rise for first time in eight years

For the first time in eight years, the VHI recorded an increase in membership in 2015, a year which saw a €9m reduction in its after-tax surplus, from €54.5m in 2014 to €45.5m.

Nonetheless, it closed the year with an improved reserves position of €521m, up 12% on 2014.

The State-owned insurer said the strengthening of free reserves was attributable to key business initiatives in recent years, “including improvements in claims and provider management”.