Health Insurance Authority
Encyclopedia
The Health Insurance Authority is the regulatory body for private health insurance
in Ireland
. The Authority's remit is to monitor and research health insurance generally; operate the risk equalisation scheme; advise the Minister
on health insurance generally; monitor the operation of other relevant regulations as prescribed and safeguard the interests
of current and future health insurance consumers
.
The Authority was established on 1 February 2001 in accordance with the terms of the Health Insurance Act, 1994 by Micheál Martin
TD
, then the Minister for Health and Children
. The Members were appointed following consultation with relevant industry, professional and consumer rights representatives. It is meant to be independent in the exercise of its functions and it is required to make a report of its activities to the Minister who will lay the report before each house of the Oireachtas
.
It is composed of a chairperson and four members.
Health insurance
Health insurance is insurance against the risk of incurring medical expenses among individuals. By estimating the overall risk of health care expenses among a targeted group, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to ensure that money is...
in Ireland
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...
. The Authority's remit is to monitor and research health insurance generally; operate the risk equalisation scheme; advise the Minister
Minister for Health and Children (Ireland)
The Minister for Health is the senior minister at the Department of Health in the Government of Ireland and is responsible for health care in the Republic of Ireland and related services.The current Minister for Health is James Reilly, TD...
on health insurance generally; monitor the operation of other relevant regulations as prescribed and safeguard the interests
Interests
An interest may be a pastime or hobby and relate to some asset or property.Uses may include:*Hobby pastime*An interest in property or another asset...
of current and future health insurance consumers
Consumer
Consumer is a broad label for any individuals or households that use goods generated within the economy. The concept of a consumer occurs in different contexts, so that the usage and significance of the term may vary.-Economics and marketing:...
.
The Authority was established on 1 February 2001 in accordance with the terms of the Health Insurance Act, 1994 by Micheál Martin
Micheál Martin
Micheál Martin is an Irish politician who has been leader of Fianna Fáil since January 2011. He is a Teachta Dála for the Cork South Central constituency...
TD
Teachta Dála
A Teachta Dála , usually abbreviated as TD in English, is a member of Dáil Éireann, the lower house of the Oireachtas . It is the equivalent of terms such as "Member of Parliament" or "deputy" used in other states. The official translation of the term is "Deputy to the Dáil", though a more literal...
, then the Minister for Health and Children
Minister for Health and Children (Ireland)
The Minister for Health is the senior minister at the Department of Health in the Government of Ireland and is responsible for health care in the Republic of Ireland and related services.The current Minister for Health is James Reilly, TD...
. The Members were appointed following consultation with relevant industry, professional and consumer rights representatives. It is meant to be independent in the exercise of its functions and it is required to make a report of its activities to the Minister who will lay the report before each house of the Oireachtas
Oireachtas
The Oireachtas , sometimes referred to as Oireachtas Éireann, is the "national parliament" or legislature of Ireland. The Oireachtas consists of:*The President of Ireland*The two Houses of the Oireachtas :**Dáil Éireann...
.
It is composed of a chairperson and four members.