Dáil debates
Tuesday, 15 October 2013
Financial Resolutions 2014
No. 6: Income Tax
9:45 pm
Richard Bruton (Dublin North Central, Fine Gael) | Oireachtas source
I am only telling the figures to the Deputies. They can interpret as they wish, and elasticity is only a term of description. It is not charged with anything else. The truth is there has not been a mass exodus from insurance. Another factor to bear in mind is that medical inflation is quite low and despite that, health insurance premia are rising rapidly, so the Minister for Health is correct to be concerned about competition and cost-effectiveness within the health insurance industry.
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