SAVE €1,706 ON IRISH LIFE HEALTH PLANS
A family of four could save €1,706 by switching from Irish Life Health’s Level 2 Family Health plan to Health Plan 16.1 — a corporate plan offered by the insurer. At €2,204 per adult and €363.60 per child, Level 2 Family Health is more expensive than Health Plan 16.1, which costs €1,381.40 per adult and €333 per child.
“Health Plan 16.1 covers the same hospitals as Level 2 Family Health — with the same €75 excess per claim in private hospitals,” said Goode. “There is a higher orthopaedic co-payment on the Health Plan 16.1 but this scheme gives guaranteed refunds on out-patient expenses — which you don’t get on the Family Health scheme.” (A co-payment is where a patient must foot some of the bill as the insurer won’t foot the entire cost of the surgery.)
This family would save €2,052 by splitting their cover so that the two adults switch to Health Plan 16.1 — and the two children to Irish Life Health’s Nurture Plan. The Nurture Plan costs €160 per child — about half of what it costs to insure a child under Level 2 Family Health and Health Plan 16.1. (The cover for outpatient expenses is generally better under Health Plan 16.1 than it is under Nurture Plan though). Having two adults on Health Plan 16.1 and two children on the Nurture Plan would cost this family €3,083. excess per claim on treatment in private hospitals.” (There is no such excess on Family Plan Plus Level 1). At €1,754 per adult and €551 per child, VHI Family Plan Plus Level 1 is more expensive than PMI 3613. It costs €1,349 to insure an adult under PMI 3613 and €379 for a child. So it costs €3,457 to insure the whole family under PMI 3613 — but €4,609 under Family Plan Plus Level 1.
The family would save €1,575 by insuring the adults under PMI 3613 and the children under One Plan Complete, which costs €168 per child. (One Plan Complete’s cover for outpatient expenses isn’t as good as Family Plan Plus Level 1 or PMI 3613). It costs €3,034 to insure two adults under PMI 3613 and the two children under One Plan Complete — €1,575 less than insuring the whole family under Family Plan Plus Level 1.
For example, an elderly couple could save €1,940 by switching from Irish Life Health’s Level 2 Hospital plan (which costs €2,627 per adult for existing members) to its Best Ultimate Active plan (€1,657 per adult) instead.
“Best Ultimate Active is an upgrade in cover compared to Level 2 Hospital as it covers a private room in a private hospital and it also includes excellent refunds on outpatient expenses — with no excess to pay first,” said Goode. “However, the co-payment on certain orthopaedic procedures is higher on Best Ultimate Active.”
VHI’S Healthplus Extra plan (previously called Plan B Options) costs €2,563 per adult — but its Health Access plan costs €1,684. So a couple could save €1,757 by switching from Health Plus Extra to Health Access.
“The Health Access plan covers the same hospitals as Healthplus Extra,” said Goode. “However, Health Access has an excess of €125 per claim in private hospitals, and has less psychiatric cover and reduced cover for high-tech cardiac procedures,” said Goode. A longstanding Laya plan, Essential Plus Excess, costs €2,462 per adult — however, Laya’s Complete Simplicity plan, which is quite similar, costs €1,564 per adult. So a couple could save €1,796 by switching to Complete Simplicity. “Complete Simplicity covers the same hospitals as Essential Plus Excess and it also gives guaranteed refunds on out-patient expenses,” said Goode.