Voluntary Health Insurance (Amendment) Bill 2007

Public bill · Government · Presented

The measure would allow the Voluntary Health Insurance Board to create or buy subsidiaries and transfer its health-insurance business, assets, contracts and staff to them, while protecting employees’ existing terms. It would also broaden the Board’s work into healthcare, medical facilities and related financial services, require it to build financial reserves and report membership figures, and set limits on borrowing without a State guarantee. Changes to health-insurance definitions would clarify which policies must cover hospital treatment.

Formal long title

Bill entitled an Act to amend the Voluntary Health Insurance Act 1957, the Health Insurance Act 1994, the Voluntary Health Insurance (Amendment) Act 1996, the Health Insurance (Amendment) Act 2001, to confer additional functions on the Voluntary Health Insurance Board, with a view to better enabling the board to apply for the grant to it of an authorisation to carry on the business of non-life insurance, to empower the board to form and establish or acquire subsidiaries to perform certain functions of the board, to specify the borrowing powers of the board and such subsidiaries, and to provide for related matters

Last updated 12 April 2018