This press release came through recently from the Health Insurance Authority:
The Health Insurance Authority just launched a new website with in-depth consumer information pages and a new product comparison tool.
The product comparison allows consumers to compare benefits and prices of health insurance products, enabling them to choose the most appropriate product when buying health insurance and saving money in the process.
The Health Insurance Authority Product Comparison is available here.
I had a quick look at the site and first thing I noticed was that I was offered a health insurance product that seemed to be only available for credit union members – which I’m not.
Given that the myriad of health insurance products that are being made available by the three competitors in the Irish health insurance market, more information can only be better for consumers.
There are, however, a couple of points to note.
Firstly, this wide range of products and different price levels is purely intended to confuse the consumer and to make it hard to make a full price comparison between health insurance products.
Secondly, if this price comparison website is anything like the telecoms site, CallCosts.ie, you should be aware that the service providers could very likely find a way to “game” the website to find a way to always have their own products show at the top of any search that a consumer might make.