Irish Life to increase cost of health insurance for third time this year

Earlier this year, Irish Life Health had already hiked its prices by an average of 3.7%, pinning the blame on rising costs in delivering healthcare, and more expensive medicines.

Irish Life Health has become the second health insurer in a week to hike its premiums, as consumers get hit with more cost-of-living increases.

The Health Insurance Authority said customers would see prices rise by an average of 3% from October, adding from €25 to €70 for an adult depending on their plan and from €60 to €185 for a typical family.