VHI policies to rise by average of 2% from November

Health insurer says price rise is required to cover the increasing cost of customer claims

The State’s largest health insurer VHI is to introduce an average premium price increase of 2 per cent from November.

In a statement the company said the increases would range from between 1 per cent and 5 per cent depending on the cover.

Declan Moran, VHI’s director of marketing, said the increase was the first in 20 months and was necessary to cover the rising cost of claims.

More to follow.