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Aviva Health to hike premiums by 12.7pc

Wednesday, February 19 09:58:49

Aviva Health insurance is to increase premiums by an average of 12.7pc across a range of plans, with some plans increasing by over 20pc.

The increases will take effect from 23 March.

The insurer has blamed the rise on the new public bed changes and the increase in the risk equalisation levy, plus the rise in claims costs.

"The Government and the industry need to work together to find ways of keeping young people in the market. Unless we have young and healthy members to share the cost of the higher claims of older members, premiums will continue to rise, " Aviva chief executive Alison Burns said.