Insurance company Laya Healthcare has announced a price hike.
The company has announced a 6.6% rise in premiums, which will take effect from April 1st 2025.
It follows similar moves from VHI and Irish Life in recent months.
Total Health Cover’s Dermot Goode said a Government levy on healthcare plans is contributing towards the increases.
“It doesn't matter what your renewal is - you are going to have to shop around,” he said.
Laya Healthcare“If you don't, you could find yourself paying 15% to 20% extra and in some cases for less benefits, because a lot of benefits are being changed on plans as well.
“So really, now it's time for every consumer renewing in and around the first of April to start looking at their options.”
This is the second price hike for Laya Healthcare customers in the last year - with October 2024 seeing a 6.5% increase as well.
Medical stethoscope and minor injuries items. Image: Alamy
