Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I return to the question of why the section is necessary. The Minister explained why the existing BIK legislation does not already apply. In other employment sectors where the employer provides an advantage to an employee, a benefit-in-kind, which is intrinsic to the nature of that business, for example, a bank providing a lower interest rate, a wholesaler providing goods at cost, a motor dealer selling a car at cost, are all of those already captured by BIK legislation? If they are, I do not understand why a health insurer providing a health insurance policy to employees is not already captured.