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
Billy Kelleher (Cork North Central, Fianna Fail) | Oireachtas source
Yes but the reason the Minister has to inform people is that up to now there was no cap on tax relief. Therefore, a person's insurance was the net amount for which they were billed, because the tax relief was deducted at source. What is happening now is that there is a cap on tax relief, €1,000 for an adult, €500 for a child, which means that the average two plus two policy with VHI will increase substantially. This is about giving people more information because it is now a determining factor in the cost of private health insurance.
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