Bupa premiums to increase by 14%

CUSTOMERS of the Fermoy-based health insurance provider Bupa are set for a 14% hike in premiums from March 1.

However, the jump is still four points less than the 18% rise pushed through by its competitor VHI late last year.

Competition between the two providers is hotting up and a number of major multinational firms, including Microsoft, have recently “defected” from VHI to the cheaper Bupa due to cost considerations.