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Statement from Vhi Healthcare re: Supreme Court Decision
July 16th, 2008 – Vhi Healthcare is very disappointed with today’s Supreme Court decision which has set aside the decision of Justice McKechnie in the High Court in November 2006. That decision found that Community Rating was in the public interest and that risk equalisation was necessary to support Community Rating.
Commenting on the Supreme Court decision, Mr Jimmy Tolan, Chief Executive, Vhi Healthcare said “We will take time to carefully review this decision. Community Rating has always been central to the Irish health insurance system and risk equalisation is necessary to ensure community rating is implemented. Today’s decision may have serious consequences for older and chronically ill members of society and it is our goal to try and ensure that private health insurance can continue to be purchased on acceptable terms by our more medically vulnerable customers.”
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