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The United States had a requirement for some travelers to obtain visitor health insurance in 2019-2020 but it was rescinded in 2021. This type of private health coverage for visitors is purchased as a short term health plan that provides medical coverage beyond national borders , and only for the duration of travel or stay outside the home country.
The regulatory body for private health insurance is the Health Insurance Authority. In 2015 the proportion of people buying private health insurance had fallen to 40%, but this is still the highest proportion of any European country. [34] The average annual cost of basic health insurance was €1,850 in 2017.
The Voluntary Health Insurance Board (Irish: An Bord Árachais Sláinte Shaorálaigh) — which trades under the brand name Vhi Healthcare, and is still commonly referred to in Ireland as "The Vhi" – is the largest health insurance company in Ireland. It is a statutory corporation whose members are appointed by the Minister for Health.
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The European Union has no major administrative or legal responsibility in the field of healthcare. The European Commission's Directorate-General for Health and Consumers however seeks to align national laws on the safety of food and other products, on consumers' rights, and on the protection of people's health, to formulate new EU wide laws and thus strengthen its internal markets.
Laya Healthcare is currently the second largest health insurer in Ireland. On 1 April 2015, AIG acquired Laya Healthcare. [8] In August 2023, it was announced Laya Healthcare had been acquired by the French multinational insurance company Axa for €650 million. [9] In October, the purchase was completed. [10]
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