Recent figures from the HIA show that at the end of September 2011, 2,174,000 customers or 47.5% of the Irish population had private health insurance.
- Vhi Healthcare has 1,246,000 customers or 57%
- Quinn Healthcare has 458,000 customers or 21%
- Aviva Health Insurance has 382,000 customers or 18%
- Restricted membership undertakings have 88,000 customers or 4%
Competition remains solely focused on younger lives and Vhi Healthcare’s market share has consistently fallen - mainly in the younger age groups. Quinn Healthcare and Aviva Health Insurance combined currently have 47% of market share in the 30 to 39 years age group but only 9% of the over 80s. Vhi Healthcare now has eight times the proportion of members in the over 80 years age group than Quinn Healthcare has and six times the proportion in this age group that Aviva Health Insurance has.
International health insurance news: 19 January 2012