Oireachtas Joint and Select Committees

Thursday, 13 June 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Cost of Insurance Working Group: Minister of State at the Department of Finance

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

-----society, business and people who have to take out insurance for one reason or another. My point is that there is no mechanism to prevent insurance companies taking advantage of the well-intentioned work of the committee and all parties or of the measures taken by the Minister of State. I put it to the Minister of State that is what they are doing. They are taking advantage of the public demand, as well as the political willingness in the Oireachtas, to address these issues. They are just taking us for a ride. There is nothing to stop them doing it.

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