Health Insurance My Laya Signify plan has increased by 33% from last year, alternate options?

B

BrokeBroker

Registered User
Messages
254
Screenshot 2025-03-02 154225.png


Basically an additional one third of the original premium.

Anyone familiar with this plan and could suggest a more cost effective alternate?

Instead of renewing, I could cancel and just buy it new, and save about 70 euro.
 
Really?

Have policy holders just become accustomed to massive premium increases?

There's a new health insurer, "Level Health", slightly more competitive premiums?
 
I read there's some issues using the app.

Level Health don't have a particularly in depth website, seems they have a "low/medium/high" level series of care plans only, like they're trying to keep things simple?

Laya mentioned I could simply cancel my current plan then take out the same one, new, and available of the 10% discount.

I should stay within the 13 week period of being without an active plan to avoid the pre-existing clause......... which seems like a way I could make up for the massive 33% premium increase by skipping a couple months, knowing I could re-activate it any time and not actually lose cover, provided I stay within the 13 weeks.........

dr evil.png
 
Last edited:
Just for reference:

Compared to Laya Signify,

Irish Life plans, MyPlan150, BenefitAccess300 and Benefit2,

Select Plan - Irish Life Health

Looking for the best health insurance for you? Find a healthcare plan, learn about our great benefits, and get a heath insurance quote in minutes.
www.irishlifehealth.ie www.irishlifehealth.ie

Coming in from 91 euro a month.

And Level Health Plan B 300, slightly cheaper again at 1060 a year.
 
VHI have a quote:

FirstCare 250 Day-to-Day, at €84.25 per Month, €1,011.04 Total

And Irish life:

Monthy payment: €79.38
Annual payment: €952.60
Plan name: MyPlan 500
 
9 weeks into the 13 weeks renewal window.

Decision time.

Level health plan B looks the most simple and cost effective.

If anyone has any further updates on this level of cover, I'm open to suggestion.

One issue with Level Health being, some aspects of the plan are subject to excess, but doesn't clarify what this is, per admission, per night etc?

I guess I'll just get in contact with them tomorrow.
 
So it's a 300 euro excess flat?

Not per night or anything.

It seems it is but just to be certain.

Is anyone here with Level health, and is it mostly okay?
I understand there were some issues with their app, but that aside?

Plan B at 300 euro excess, comparing to Laya Signify it seems good.

Anyone weigh in on that plan in general?
 
I went with Level Health Plan B.

When I was submitting my information, they didn't request details of my former insurer.

So how do they know how long my break in cover was for, and whether the pre-existing condition clause applies or not?
 
My Flex 500 Explore with Laya is up for renewal. Also up by 33%. (€117 p/m)

I could do what I did last year and cancel start a new account with the same policy and save 10%. But, it’s still a big increase.

The mind-numbing opacity of the hundreds of policies on offer is an ongoing outrage.

D.
 
babyblackie said:
Can I ask, if you left renewing for a few weeks, does the 'pre-existing' clause come into play?
Click to expand...
Do you mean this?

Waiting periods

When you take out health insurance for the first time, or it has been more than 13 weeks since you last held private health insurance, you may have to serve waiting periods before you are fully covered, but accident and injury will be covered immediately.
www.hia.ie www.hia.ie
Once you serve these waiting periods you will not have to serve them again if you switch to another insurer as long as you don’t have a break in cover of more than 13 weeks. If you switch insurers while you are serving new customer waiting periods, the amount of time you have served with the first insurer will be taken into account and you will finish off your waiting periods with the new insurer. You will only have to serve additional waiting periods if you switch to a policy with higher benefits. For more information, go to switching/upgrading waiting periods.

The insurers don’t always apply the maximum waiting periods. The tables below show the current waiting periods for Irish Life Health, Laya Healthcare, and Vhi Healthcare.
Click to expand...
 
Yes Clubman. Not trying to be smart, but renewal was July 1st, and I was on holiday. Looking online as a new client, they price me from today, and so is €200+ cheaper. Nothing has occurred in the last 3 weeks, but I have hit buyer's remorse and wondered if anything on the books with my GP is now a new event and I have shot myself in the foot, as it were.
 
My Laya policy is quoting 25% higher this renewal than last year whereas Google's AI says that the average increase is 11.5%
At the same time I'm not really finding better value on the HIA website. :(
 
You must log in or register to reply here.
Back
Top