serotoninsid
Registered User
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Having tried to help relatives with this previously, I know some are paralysed into inaction due to a fear of being locked out of some elements of cover due to pre-existing conditions, etc.Do some consumers simply ring up and say "Give me the most expensive product on the shelf, as it must be the best?"
However, there are issues with that also. How is the broker paid? Are they incentivised in pushing one plan above another?
However, there are issues with that also. How is the broker paid? Are they incentivised in pushing one plan above another?
Aviva is the only company which pays commission. So unless your broker charges you a fee per hour and refunds you any commission, the broker will be under huge pressure to recommend an Aviva product.
That can only be achieved by setting an upper limit on the number of plans offered by each insurer.
It could also be achieved by the HIA defining, say , 4 standard policies
Basic consultant cover and private ward in a public hospital
semi-private room in a private hospital
Private rooms in the high-tech hospitals
Children's policy
The 4 companies would have to quote a price for these 3 policies.
Additional cover could only be provided by way of additions to these
e.g. paying for routine medical expenses; homeopathy; etc.
Discounts could be offered for excesses.
This would make it much easier to compare costs.
I feel a submission coming on ...
Brendan
Let the companies offer additional policies as well if they wish.
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[broken link removed]
[broken link removed]
So how do we put our money where our mouth is on this issue?
I compared the Company Care Premium No Excess with Total Health Select.
They are identical, except Company Care is €1,000 more expensive.
One is a carbon copy of the other.
I guess you could - but even with that, they will continue to run rings around us. They can up the rate that they introduce new plans and retire old plans - and up the number of plans they have on the market at any one time.Maybe we should have a thread that lists these similar policies and every time we find one add it, at least that way we can direct anyone that checks AAM to look at the cheaper alternatives. Help each other narrow the search.
Maybe we should have a thread that lists these similar policies and every time we find one add it, at least that way we can direct anyone that checks AAM to look at the cheaper alternatives. Help each other narrow the search.
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