Written answers
Wednesday, 4 March 2015
Department of Health
Health Insurance Data
Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)
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159. To ask the Minister for Health the total spent by the public on private health insurance, by provider; and if he will make a statement on the matter. [9520/15]
Leo Varadkar (Dublin West, Fine Gael)
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The latest available figure from the Health Insurance Authority (HIA) shows the total health insurance premiums paid in 2013, gross of tax relief, amounted to €2,378 million. This is "premium income paid" data that has been calculated by the HIA from quarterly returns provided by health insurers.
The following is a breakdown by the different health insurance businesses in the State (except Restricted Membership Undertakings) of their "earned premium income", which has been extracted from financial accounts information that has been separately provided to the HIA by the health insurers. It should be noted that "premium income paid" and "earned premium income" are related but not identical accounting calculations of premium income in insurance businesses.
The latest HIA data is for 2013, as follows:
€ millions | Aviva Health - €m | Elips (Laya) - €m | Great Lakes (Glohealth) - €m | Quinn - €m | VHI - €m |
---|---|---|---|---|---|
Earned premiums before reinsurance and age related tax credit | 333.8 | 412.2 | 34.5 | 10.6 | 1,469.4 |
The figures may differ from published accounts, which may have been finalised on a different date and may include business other than private health insurance business, which my Department does not collate, as the companies concerned are commercial entities.
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