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

H

Healthyman

New Member
Messages
2
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
 
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
 
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.
 
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.
 
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