Dáil debates

Tuesday, 4 December 2012

Health Insurance (Amendment) Bill 2012: Report and Final Stages

 

10:20 pm

Photo of James ReillyJames Reilly (Dublin North, Fine Gael) | Oireachtas source

With the Leas-Cheann Comhairle's permission, I wish to provide the House with some information. On Committee Stage I gave the details of the risk equalisation credits but it would be remiss of me if I did not inform the House, as I informed the insurers, of the new stamp duty rates. I have sent them to the Minister for Finance and he has agreed with my recommendations which, in a forthcoming Finance Bill, will be proposed to come into effect on 31 March 2013. The existing rates of €95 for a child and €285 for an adult will apply until that date. For those aged 17 and under there will be a new rate for non-advanced cover of €100 and advanced cover of €120. For those aged 18 years and over the non-advanced cover rate will be €290 and the advanced cover rate will be €350.

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