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Thread: Breaking News: Govt to sell VHI

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    Politics.ie Member
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    Default Breaking News: Govt to sell VHI

    I have just got an Irish Times text which reads "Government to sell state-owned health insurance company VHI".

    Will post new details as I get it.

    http://www.irishtimes.com/newspaper/...reaking50.html
    "In [Ireland] a wife is regarded as a chattel, just as a thoroughbred mare or cow." Mr Justice Butler in the Irish courts. 'Traditional Marriage' in the 1970s.

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    Politics.ie Member LDF's Avatar
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    About time. Will they sell to Anglo?!!

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    Wonder how much they'll get for it.

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    Politics.ie Member Disillusioned democrat's Avatar
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    If that's true there has got to be some suspicion around the timing. If Quinn is also likely to be up for sale, does this not effectively reduce the price they can hope to achieve?

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    Quote Originally Posted by LDF View Post
    About time. Will they sell to Anglo?!!
    never, its a keeper

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    Hi BUPA how are you.

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    Politics.ie Member spidermom's Avatar
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    In 2013 after they pump enough money in to satisfy the regulator...will try and find a link..
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    Politics.ie Member Malbekh's Avatar
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    The first of many one would have thought....
    Blessed be the threadmakers.

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    Politics.ie Member spidermom's Avatar
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    Government to sell VHI by 2013 | Newstalk - Ireland's National Independent Talk Radio Broadcaster


    I did read somewhere this week that the VHI would need 100 million for its reserves to come up to scratch..

    Oh the irony..public hospital budgets being slashed while we give money to the private healthcare.!
    When a man sits with a pretty girl for an hour, it seems like a minute. But let him sit on a hot stove for a minute and it's longer than any hour. That's relativity.

    ALBERT EINSTEIN

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    Politics.ie Member Ulster-Lad's Avatar
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    In advance of the sale the State will announce today it will invest a “substantial sum” into the company’s reserves to allow it to be authorised by the financial regulator.
    From the link:

    Wonder where that is coming from?
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