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The regulatory body for private health insurance is the Health Insurance Authority. In 2015 the proportion of people buying private health insurance had fallen to 40%, but this is still the highest proportion of any European country. [34] The average annual cost of basic health insurance was €1,850 in 2017.
The Voluntary Health Insurance Board (Irish: An Bord Árachais Sláinte Shaorálaigh) — which trades under the brand name Vhi Healthcare, and is still commonly referred to in Ireland as "The Vhi" – is the largest health insurance company in Ireland. It is a statutory corporation whose members are appointed by the Minister for Health.
Laya Healthcare is currently the second largest health insurer in Ireland. On 1 April 2015, AIG acquired Laya Healthcare. [8] In August 2023, it was announced Laya Healthcare had been acquired by the French multinational insurance company Axa for €650 million. [9] In October, the purchase was completed. [10]
In 2019, Bon Secours Health System of Dublin merged with Bon Secours Mercy Health of Cincinnati, Ohio. Together, the health systems have 60,000 employees serving more than 10.5 million people through nearly 50 hospitals, more than 50 home health agencies and senior health and housing facilities. [8] It is owned by the Bon Secours Sisters [9]
47.6% of Ireland's population were covered by private health insurance, and 31.9% of the population were covered by Medical Cards. 23.8% of the population over 16 had a "chronic illness or health problem". 19.6% of the population over 16 had "limited activity", of which 6.6% were "strongly limited" and 13.0% were "limited".
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