Irish Life Group: Pre-Budget Submission to Mobilise Savings, Secure Retirement, and Sustain a Competitve Health Insurance Market

Irish Life's pre-Budget submission to Government sets out proposals to help households' money work harder and to strengthen the health insurance system for every generation. 

The submission centres on two big ideas:

• Personal Investment Accounts: these should be designed with the same simplicity and certainty that made Special Savings Incentive Accounts (SSIAs) a success. This will better allow more than €160 billion of cash on deposit to be put to work for savers in Ireland.
• Health insurance: the submission proposes a fairer way to fund community rated health insurance, reducing the cost of entry for younger adults so that the system can reain affordable and sustainable as people live longer.

Read the full submission (PDF)