Fri 04 Apr 2007VHI to fight cut in risk equalisation paymentsVHI has vowed to campaign against a 20 per cent cut in payments
to it from rival health insurers in compensation for having an
older customer base.
Paul Cullen, Consumer Affairs Correspondent,
reports.Regulations giving effect to the 20 per cent reduction in risk
equalisation payments to VHI were rushed through the Dáil
yesterday, just a day after the move was announced by Minister for
Health Mary Harney. This reduces by €10 million the money
that Quinn Healthcare, the former Bupa Ireland, will have to pay
VHI in respect of the first six months of this year.