There could be bad news for families who currently have health insurance as premiums could be increased by as much as €600.
The hefty increase which is likely to be unwelcomed by policy holders comes after tax relief payments on policies were scrapped.
The latest move which has been recommended by one of the Dáil’s committees, has drawn strong criticism from experts who say the hikes will most likely come as big hit to the elderly who are known to use their cover more often.