Denis Naughten (Roscommon-South Leitrim, Independent) | Oireachtas source

The Minister might in his response clarify the basis of the €30 million of which he speaks. Many figures, in terms of how much money will accrue as a result of this provision, have been bandied around. The insurance industry has made one argument, the Department has made another and we are now being given a figure of €30 million. Perhaps the Minister would explain the basis of this €30 million.

What will happen if it becomes evident that the amount required is significantly in excess of €30 million? The reality is that this money will come from the pockets of private health insurance members. If the amount required is in excess of €30 million further demand will be placed on these people by way of increases in premiums. The vast majority of insurance premia in this country are being pushed beyond the reach of many families. More will haemorrhage out of the system if further increases are forthcoming.

What mechanism will be employed should the €30 million not be achieved?

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