Three in five people ‘pay too much for health insurance’

Research found that around 60% of those with health insurance are potentially on the wrong plans and could be overpaying by up to €500 per adult for their cover.

Almost three in five consumers with health insurance are paying far more than they need to, with €500 on average needlessly going out of their bank balance every year.

Research from consumer health website TotalHealthCover.ie found that a misguided sense of loyalty to health insurance providers is among the main reasons for customers, especially older people, to stick with their plans.