What should employees know about Laya Health Insurance in Ireland?

At Horizons, we prioritize the health and well-being of our employees, which is why we offer Laya Health Insurance as part of our comprehensive benefits package. Laya Health Insurance is a leading provider in Ireland, known for its extensive range of health insurance plans and exceptional customer service, ensuring that our employees have access to reliable healthcare coverage.

About Laya Health Insurance

Laya Health Insurance is one of Ireland's largest and most trusted health insurers. They offer a variety of health insurance plans tailored to meet different healthcare needs and budgets. Laya is committed to providing excellent customer care and quality service, giving members access to a broad network of hospitals, clinics, and healthcare professionals across Ireland.

Plans Offered

Laya Health Insurance provides a selection of plans designed to cater to diverse healthcare needs. Here are two of the key plans available:

Optimum Premium: This plan offers extensive coverage, including access to a wide network of hospitals and healthcare providers. It covers both inpatient and outpatient care, ensuring that you receive high-quality medical treatment when needed.
Excel Care: A comprehensive plan designed to provide robust healthcare coverage. It includes access to a broad range of medical services and support, making it an excellent choice for those seeking extensive healthcare benefits.

Lifetime Community Rating (LCR)

Lifetime Community Rating (LCR) is a scheme introduced in Ireland on 1st May 2015, aimed at encouraging individuals to take out health insurance earlier in life and helping to maintain affordable premiums for everyone.

LCR Surcharge

Under the LCR scheme, an additional surcharge of 2% is added to your premium for each year you are over the age of 34 when you first purchase health insurance. This surcharge is designed to incentivize early enrollment in health insurance and to support the long-term stability of the health insurance system.

How LCR Affects Your Premium

The LCR surcharge is calculated based on your age when you first purchase health insurance. For example:

Age at First Purchase: If you are 40 years old when you first purchase health insurance, your premium will include an additional 12% surcharge (2% x 6 years).
Ongoing Impact: This surcharge remains part of your premium for the duration of your coverage, ensuring that you maintain consistent health insurance costs.

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