Quinn-healthcare will impose average increases of 8%c from the start of January, but some of its most popular health-care plans are going up by 15%.
Its popular Essential Plus Excess plan will rise by €230 a year to €2150 from the start of January, for a family of two adults and two children.
Quinn-healthcare was formed in February 2007 following the acquisition of the health insurer Bupa Ireland by the Quinn Group. The company currently has over 510,000 members. Insurance is provided by Quinn Insurance Limited – a company under administration.
Quinn-healthcare’s parent insurer is for sale but Ireland’s economic problems have delayed the sale. Favourite to buy the group was troubled bank AIB. Allied Irish Banks needs €5.3 billion of fresh capital, bringing it close to nationalization
International health insurance news: 1 December 2010