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VHI is increasing the price of its plans by an average of 3% from April 1st.
However, one insurance expert is warning that some customers are likely to see increases of up to 7.5% due to the increases.
Announcing the decision today, VHI said the price increase was necessary to cover the rising costs of providing quality healthcare to customers .
It comes just two months after the company waived a portion of health insurance premiums due to lower than forecasted claims in 2020.
Dermot Goode, insurance expert with Totalhealthcover.ie,
The Hard Shoulder the insurance company is now looking two years ahead.