VHI vs Quinn Direct

I am asking this on behalf of my parents -

currently they are on VHI Plan B Options and have received a very good quote from Quinn Direct. But before they want to move, they would like to know if anyone has had any experiences with Quinn Direct, whether they be good or bad.

Thanks

broker2008

Quinn have 32 different plans ranging from €455 to €2912 per annum (plus 3% charge).

Cheapest doesn't necessarily mean best or anywhere near it as there some benefits missing from some of their cheaper plans.

Quinn can be cheaper because of they way excesses work on their plans. Get sick and use a hi tech hospital and stay in a few days could cost one a multiple of the difference in premium.

What plan is being suggested by Quinn Healthcare?

NuMarvel

Myself and my mum have been with Quinn for the last few years. No complaints. I've made a few out-patient claims with no hassle, and i had a small hospital claim last year as well that went smoothly.

If you haven't done it already, you can use the comparison tool on the HIA's website to compare the main benefits of the VHI and Quinn plans (and any others). And also ask Quinn if they have a cheaper corporate/company equivalent to the plan they quoted you for. Under the Open Enrolment laws, they can't refuse to let you join a company plan, so there's no harm in at least checking.

Billy86

Why get insured by a company that is in economic turmoil? It makes -zero- sense.

Also, good shout to broker2008 on the excesses, always one to be cautious of.

Kristopherus

Billy86 wrote: »

Why get insured by a company that is in economic turmoil? It makes -zero- sense.

Also, good shout to broker2008 on the excesses, always one to be cautious of.

Just goes to show how far out you are. There's as much chance of Quinn-Direct going under as of Ireland winning the RWC. Just because they are in administration dose'nt mean they are not functioning profitably.Their plans are extremely competitive, and they do pay out pretty fast. OP, while you're at it , no harm in having a look Aviva as well. Compare like with like as far as you can on the HIA website. You can be sure that, in any case, premiums are all going one way only, UP:(

Billy86

Where did I say they were going out of business? I'll answer that for you - I never did. Are Quinn in economic turmoil? Yes. They are. Thank you.

If a company cannot handle their own finances, I don't want them handling my insurances - especially for health or home. How willing (not able, willing - in case you want to go jumping to conclusions again) would they be to pay out claims if possibly avoidable, when compared to companies who have their books in order?

There is a thread on this very forum, only about 7-8 links below this thread, relating to this very issue with Quinn. Oh, and guess what? It's to do with health insurance! Funny, that...

But yeah, I guess that makes me completely 'out there'.

Toots

What age are your parents? My parents are 62 and 59, and they were looking at changing from VHI to Aviva but if you're over a certain age there can be waiting periods for certain treatments/claims, so that's something to look into before switching. They ended up staying with VHI even though it's more expensive. Also, as broker2008 said check the excess, if it's really high it could be sort of false economy if you want to make a claim.

NuMarvel

Billy86 wrote: »

Where did I say they were going out of business? I'll answer that for you - I never did. Are Quinn in economic turmoil? Yes. They are. Thank you.

If a company cannot handle their own finances, I don't want them handling my insurances - especially for health or home. How willing (not able, willing - in case you want to go jumping to conclusions again) would they be to pay out claims if possibly avoidable, when compared to companies who have their books in order?

There is a thread on this very forum, only about 7-8 links below this thread, relating to this very issue with Quinn. Oh, and guess what? It's to do with health insurance! Funny, that...

But yeah, I guess that makes me completely 'out there'.

Sure, the OP's parents have been with VHI probably all their life. They're used to being with an insurer unable to handle their own finances . Anyways, the Financial Regulator stepped in so that the company could handle their finances, and at the time the FR said it was business as usual and claims would be paid as normal.

And in that other thread, the OP herself states that Quinn pays hospital and doctors bills quickly, she's having an issue regarding a hotel bill.