Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

My health Insurance increased 73%

Options
  • 19-02-2014 5:17pm
    #1
    Hmm_Messiah
    Registered Users Posts: 1,964 ✭✭✭


    I am going to follow this up with Laya but my renewal form cam and increased

    from 1030 .00 to 1780.00 !!!

    The government levy increased buy 49.00
    The Direct Debit "Credit Charge" increased by 24.45

    but where did the 683.00 come from 39% increased - I might have expected 10-20

    Any clues would be great (Like I said I will follow up)


Comments

  • Options
    #2
    Hmm_Messiah
    Registered Users Posts: 1,964 ✭✭✭Hmm_Messiah


    Hmm_Messiah wrote: »
    I am going to follow this up with Laya but my renewal form cam and increased

    from 1030 .00 to 1780.00 !!!

    The government levy increased buy 49.00
    The Direct Debit "Credit Charge" increased by 24.45

    but where did the 683.00 come from 39% increased - I might have expected 10-20

    Any clues would be great (Like I said I will follow up)

    Also my renewal is 1st march but i recall hearing some where I have a few weeks after that to review - I can't locate the detail on HIA site if any one knows more precisely ? thanks


  • Options
    #3
    Pablo Sanchez
    Closed Accounts Posts: 1,207 ✭✭✭Pablo Sanchez


    Laya have increased their plans multiple times in the last year, most recently a couple of weeks ago. On that occasion some of their plans were increased by 40%.

    http://www.hia.ie/consumer-information/switching/


  • Options
    #4
    JTMan
    Registered Users Posts: 5,537 ✭✭✭JTMan


    The only way to avoid the increases is to get yourself on a new customer package by switching.


  • Options
    #5
    LostArt
    Registered Users Posts: 1,787 ✭✭✭LostArt


    If your renewal is March the first just cancel your current plan towards the end of the month and take out a new plan before the month ends to avoid the price increasr


  • Options
    #6
    Rashers72
    Registered Users Posts: 1,207 ✭✭✭Rashers72


    LostArt wrote: »
    If your renewal is March the first just cancel your current plan towards the end of the month and take out a new plan before the month ends to avoid the price increasr

    100% agree. I rang them, ended up changing to a similar (new) package but commencing 1 month earlier, and no joke it was about 60% of my renewal. (2 adults and 2 kids). But it took 2 phone calls both advising I intended leaving, for them to come up with this. Following 1st phone call, lots of research of plans (probably 4 hours over 2 days), and felt we could get a better deal with same provider, which turned out to be correct. Confirmed on 2nd phone call. Lost Mater (non cardiac procedures), but gained Beacon in changing plans.


  • Advertisement
  • Options
    #7
    finnteme
    Registered Users Posts: 970 ✭✭✭finnteme


    Can you switch insurance companies even if you have had claims with the current one? Went really ill last year, and have had several operations and hospital stays (came back yesterday from the latest ones), which they have covered.

    Or am i forced to use the same insurance company for life now?


  • Options
    #8
    LostArt
    Registered Users Posts: 1,787 ✭✭✭LostArt


    No, you can switch if you want to


  • Options
    #9
    finnteme
    Registered Users Posts: 970 ✭✭✭finnteme


    LostArt wrote: »
    No, you can switch if you want to


    And the new insurance company will cover my existing condition aswell?


  • Options
    #10
    LostArt
    Registered Users Posts: 1,787 ✭✭✭LostArt


    Yes, they can only apply waiting periods if you go to plans with better cover


  • Options
    #11
    Padraig Mor
    Registered Users Posts: 9,540 ✭✭✭Padraig Mor


    Don't forget you've lost all tax relief (20%) on the portion of the policy in excess of €1000 since the last budget.


  • Advertisement
  • Options
    #12
    BazzaDP
    Registered Users Posts: 69 ✭✭BazzaDP


    Padraig Mor wrote: »
    Don't forget you've lost all tax relief (20%) on the portion of the policy in excess of €1000 since the last budget.

    And the Levy has not increased by €49. That's the latest increase - they also increased on 31st March last year so If you last renewed you're policy on 1st Match 2013 then the levy has effectively increased from €285 to €399 for you - an increase of €114.

    This is on top of charging your insurance company for a private bed even if you only get a public bed which is going to have a massive knock on effect to prices.

    Definitely have a look at other plans but it's no surprise prices are increasing. And increasing a lot.


  • Options
    #13
    Hmm_Messiah
    Registered Users Posts: 1,964 ✭✭✭Hmm_Messiah


    LostArt wrote: »
    If your renewal is March the first just cancel your current plan towards the end of the month and take out a new plan before the month ends to avoid the price increasr

    thanks

    Does any one know the specifics of the "cooling off period" or whatever it is called my renewal is 1st March so it is getting close

    I know there is a period of time I can reconsider etc without having to worry about taking a new plan with a new Kuwaiti period (on pre exisiting
    conditions etc) but i can't find the specifics

    At same time i am trying to calculate is it better to keep a lower plan or just exist altogether and put the cost to a saving fund instead


  • Options
    #14
    PauloMN
    Moderators, Technology & Internet Moderators, Regional North East Moderators Posts: 10,857 Mod ✭✭✭✭PauloMN


    In the same boat, my policy up 62% taking into account the increase in premium and reduction in tax relief.

    My renewal is April, even more confusing is that the prices on the website are today's quotes, you can't get an accurate price for a future renewal date, so very hard to compare different plans against your current.

    I saved the guts of €1000 on a 2 adult/2 child policy by switching from my current plan (which I've been on for about a decade with Bupa and then Quinn). As suggested above, ring them and push them to search out different plans for you. Eventually I moved to a plan which has better overall cover (certainly for every day medical expenses like GPs etc.) for almost a grand cheaper.

    Still more than I was paying last year, but there's no way to escape the general increases. I'm now up around 25% on last year compared with 62%, with a slight improvement in cover.

    Have to say though I think the whole industry is a disgrace. Laya can blame Reilly and co. all they want, and while there is of course some degree of blame there for increases, no way is that the reason for this scandalous increases like 50, 60, even 70%.


  • Options
    #15
    Trish56
    Registered Users Posts: 1,256 ✭✭✭Trish56


    Have you compared your policy on the www.hia.ie website to see if you can get a better deal with similar cover.

    Are you aware that you can purchase a company plan however you will not be offered it by any of the Companies.
    Laya Total Health Complete seems to be good value however not sure how much it will increase tomorrow.


  • Options
    #16
    DK man
    Registered Users Posts: 456 ✭✭DK man


    Just like op my policy went from @ €1100 to €1700 - renewal was due I march 1st but I have let it lapse - I'm seriously thinking of opting out of private cover as it's become unaffordable

    Anyone else giving up?


Advertisement