Seanad debates

Wednesday, 26 February 2003

Health Insurance (Amendment) Bill 2003: Second Stage.

 

I welcome the fact that the Bill, according to the explanatory memorandum, "amends the provisions concerning application of the limited exemption from risk equalisation for new entrant insurers to the market." It also "allows for the Minister for Health and Children, with the consent of the Minister for Finance, to waive the repayment of moneys advanced to the authority at the time of its establishment." Is the figure in question €508,000? I agree with the authority's case that the costs incurred as a result of its establishment should be borne by the State.

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