Health InsuranceMaximum Savings
forConsumers &
Employers
Dermot Goode
• Most over-insured
• No day-to-day cover
• Poor value dated plans
• Complexity – 365 different plans
• Best advice???
Consumers & Employers!
Common Myths….
• Public treatment is free
• Kids get special treatment
• I can only join certain plans
• They won’t take me on
• I have to use my health insurance
Paying too much….. ?
• Health Plus Choice (Plan C)
• Health Plus Access (B)
• Company Plan Extra Level 2
• Parent & Kids Plans
• Family or First Plan Plus Level 1
• Company Plan Plus Level 1
• Essential Plus
• Health Manager or Complete Care
• Health Smart Plans
• Company Care Plans
• Total Health Select
• Simply Health Excess
Paying too much….. ?
• Level 2 Hospital
• Level 2 Family Health
• We or I Plan Level 3 (Optimise Silver)
• Level 1 Everyday / Level 2 Hospital with Day to Day
• Business Plans (Extra, Select, Choice, Complete)
• Health Plans 05, 06 & 16
Paying too much….. ?
•Better Plan •Better Saver Plan
•Better Smart Plan
•Best Plan
•Ultra Plan
Paying too much….. ?
Corporate Plans – Best O/P Cover
• €25 per GP visit - 7 per person
• €40 per GP visit - 16 per person
• 50% refund on GP visits (unlimited to €6,000)
• 75% refund on GP visits (unlimited to €6,000)
• 100% refund on first 2 visits - 50% thereafter
New Healthcare Providers
Healthcare Savings
‘Put em under Pressure’
Employers: 3 Mths before Renewal / Consumers: 1 Mth before Renewal
Health Plus Access €1,945
• PMI 25 11 €1,503
• PMI 36 13 €1,248
Rates Correct @ 1/5/16 as per HIA
• PMI 37 13 €1,115 • Complete Simplicity €1,434
• Simply Connect Plus €1,169
• Health Secure Plus €1,603
Ess. Plus Excess €1,928
Health Plan 06 €1,763
• Be Fit 3 €1,431
• Health Plan 28 €1,435
Rates Correct @ 1/5/16 as per HIA
• Health Plan 16.1 €1,218 • Best Smart Plan €1,162
• Best Select Max Cash €1,400
Best Ultimate Cash €1,719
Health Plus Access – Plan B (€1,945) Health Plus Access – Plan B (€1,945)
PMI 36 13 (€1,248)
Essential Plus (with excess) (€1,928)Essential Plus (with excess) (€1,928)
Simply Connect Plus (€1,169)
Level 2 Hospital (€2,335)
Health Plan 16.1 (€1,218)
Rates correct at 1st May 2016 - Source HIA
Sample Best Buys….
Best Plan (€1,903)
Best Smart (€1,162)
Day-to-Day Cover
Same Plan – 2yrs or more
Annual Review
Wellness Programme
Health Insurance: €2,335
Corporate Discount
Total H/C Cost Management
• LCR Exposure
• Excesses
• Health Allowance
• Capped Benefits
• Full Corporate Discounts
• Annual Review
Employers – Control Your Costs
• Corporate Plans – check them out
• Put the health insurers ‘under pressure’
• Consider Health Cash, Dental & Eye-Care Plans
• Claim Day-to-Day Expenses
• Annual Review
Remember!
Thank You & Questions