VHI raises health insurance price by 2%

The cost of private health insurance continues to soar, with a second insurer announcing a second price hike within six months.

From May 1, VHI customers can expect to pay, on average, 2% more across 51 of 73 health plans. Just last November, its customers were hit with an average 3% hike in the cost of premiums.

VHI is following on the heels of Laya Healthcare, which last month announced an average price hike of 5.9% across 124 of its 129 plans from April 1.