Health levy divides market

An important motive for the levy is to maintain the profitability of Irish state health insurer, VHI, without the need to impose massive premium increases as it is required to meet the minimum solvency standard for insurers by the end of the year

The Irish government has announced a temporary solution to the problems caused by July’s court ruling ( WIR 843/44) that its existing risk equalisation scheme for health insurance was illegal.