Health Insurance Is a premium increase of 23% now typical?

[Healthyman]

I have a policy (Company Care Plus) with LAYA due soon for renewal.
The premium will increase by 23%.
I thought I read in the press recently about increases in the 5-10% region.
Am I being very naïve and is 23% now typical?
HM

 

[ClubMan]

5-10% may be an average but there have definitely been much higher increases on some policies. E.g.:

Health Insurance - Laya Simplicity increase 25% renewal 1st November, how is this so?

Just got the renewal and its 25% now 4402 for 2 in our 70's. How can this be justified? would a company policy similar be cheaper and how can I get it? I know i am not alone but had to ask?

www.askaboutmoney.com

Health Insurance - Premium increase

Hi We are a married couple late 60s currently on Laya Control 300 create policy has increased by almost €800 - total €3952.17 for renewal 2025. Is this too much to pay? Can i get same level of cover from another provider with less cost do you think??

www.askaboutmoney.com

Health Insurance - Health Insurance renewal options

Hi there, Just looking for some advice about renewing my health insurance. I have been with Laya Essential Health 300. This time around my renewal premium is coming in €250 more expensive, so it is almost €1600 to renew from April 1st. I went for this scheme last year as it offered orthopedic...

www.askaboutmoney.com

 

[mct1]

It seems to be mainly those Laya policies which have no excess or shortfall for specified orthopaedic procedures that have this level of increase in cost. All the above plans do, I believe, and my Simply Connect Plus increased by 25% last December.

 

[Healthyman]

Many thanks for those comments.
HM

 

[PoundMan]

I was recently told by TotalHealthCover that an increase of up to 15% is reasonable and can still represent good value. Having said that, I personally think it's ridiculous. I thought healthy inflation was supposed to be 2% so I think health insurance is becoming crazy prices.