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

Photo of Billy KelleherBilly Kelleher (Cork North Central, Fianna Fail) | Oireachtas source

I am not being argumentative. We get the history lesson every time. I was making a very reasonable point. It has nothing to do with lectures but a simple principle. I am not saying VHI is making excessive profits. It would be great if it was making a profit. The difficulty we have is that it would put more fat into the system if VHI was obligated to have a 10% return on equity. This would put further pressure on VHI to be lean, efficient and effective - everything the Minister says day in and day out that he wants it to do.

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