On browsing my online banking today I noticed my VHI direct debit for January was €188. That's 2256 PA.
Later this evening I was greeted by a flyer from Aviva offering me €415 discount on VHI based on 2Ads+2Kds.
I'm seriously thinking of switching. I get the anecdotal impression that many are switching. Anyone here done so ?
Is the VHI in big trouble ? We had the whole community rating debate last year and BUPA fecked off, I can't blame them for that, yet the VHI customer base is possibly getting vacuumed of it's younger members. By Aviva.
Surely the VHI can't last in this market ? It has the wrong end of the stick.
Wasn't the point of community rating to be that the younger generation pay premium which was ultimately headed for looking after the elder generation ?
If so, I think the concept of CR is smashed.