Oireachtas Joint and Select Committees
Tuesday, 3 December 2013
Committee on Health and Children: Select Sub-Committee on Health
Health Insurance (Amendment) Bill 2013: Committee Stage
6:05 pm
James Reilly (Dublin North, Fine Gael) | Oireachtas source
I shall finish with this:
That is a direct quote. Is Deputy Kelleher suggesting for a half a minute that VHI is making unreasonable profits? That is what he seems to be saying.
The Commission considers that the approach above is coherent and in line with the state of the art. Considering the intrinsic variability present in such calculations the Commission accepts the proposal of the Irish authorities to consider that VHI is over compensated if its return on equity is above 12%.
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