Harney reiterates vow to close risk equalisation loophole

Minister for Health Mary Harney has reiterated that she intends to close a possible legal loophole that could allow Quinn Direct and Vivas to avoid making risk equalisation payments.

Quinn Direct, which is buying out BUPA's business, claims it is a new entrant in the market and, as such, is exempt under the law from making the payments to the VHI for the next three years.