Health Insurance VHI renewal this month

Dublin

Registered User
Messages
18
Hi,

My VHI policy is up for renewal in a few weeks.
I have been quoted a price of just over 2k for the year.
This is based on the following:

Myself (36 years old) - One plan 500
Wife (34) - First Plan level 1
Two children (3 and 1) - One+ Plan

I am wondering if there are similar policies that I could choose which would provide the same type of cover but at a better price.

Any help or advise would be really appreciated.

Thanks
 
Hi Dublin,

Just to explain briefly, your wife's plan 'First Plan Level 1' is very over-priced for the level of hospital cover included.
It really just fully covers public hospitals only, as 50% private hospital cover would mean a shortfall running into thousands for surgery which defeats the whole purpose of having health insurance. Plans with public hospital cover only cost 510 euro.
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However, there are a couple of alternative plans, including public and private hospital cover, worth considering;

Wife Option;
Glohealth Bloom Plus plan; price 900pa; public, private, and Beacon hi-tech hospital.
Excess per admission 300 for the first 2 claims only per year. Day case excess 75 per visit.
Note; no excess at all is payable in any public hospital, just private or Beacon hospital.
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One year old;
Note; Children under 3 yrs of age are free of charge on Glohealth Bloom Plus plan, so this will suit your 1 year old child.

3 year old;
Nurture Plan; Child price 100pa; public, private and Beacon hi-tech hospital. Excess per admission for a stay is 300 for the first 2 claims per year.
Day case excess 75 per visit.
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Husband Options; better cover for a similar price
1. Laya Healthcare; Flex 500 Explore; price 721pa; public, private and 3 hi-tech hospitals covered, excess 500 per private/hi-tech hospital
admission for surgery/treatment. Day case excess 150 per visit.

2. Glohealth Kick Off Plus plan; price 825pa; public, private and Beacon hospital covered, excess per admission 300, day case excess 75 per
visit.
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Total Family Price; 900 + 100 + 721 = 1721pa
or
Total Family Price; 900 + 100 + 825 = 1825pa


Alternatively, 2 adults could choose Laya Flex 500 Explore 721 x 2;
While 2 children could stay on VHI One+Plan 137 x 2.
Note; VHI allow children to be insured on their own, an adult is named on the policy but only the children are insured.
Total Family Price; 721 + 721 + 137 + 137 = 1716

Also, with Laya there is a 5% discount for switching customers upto 31 Oct 2016, on Flex 500 Explore.
If you pay monthly or quarterly there is a 3% charge applied.
Amended family price; 1688

When is your actual renewal date?

Regards, Snowyb
 
Last edited:
Thanks Snowyb,

Plenty of different options there.
My renewal date is 22/10/16.
 
Dublin,

As your renewal date is before November, you avoid the childrens price increases and can also avail of Laya 5% discount on Flex 500 Explore.
I amended my previous post to reflect this.

Snowyb
 
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