Search Results for 'Financial economics'

Probably the worst aspect of the outrageous VHI premium hikes up to 45 per cent as announced this month is the fact that, with so many millions pumped into the public health service over the years, people in this country need to have private health insurance at all. Not so long ago — a mere six months ago actually — the outgoing chief executive of the HSE - Professor Brendan Drumm, suggested that improvements in the HSE were so progressive it would make complete sense for everyone to use the public health service. He consequently foresaw a day where people simply would not have a need to take out private health insurance at all.

A move by the Personal Injuries Assessment Board to cut the cost of making compensation claims could save up to €2 million per year, according to the Minister for Enterprise, Trade and Innovation, Batt O’Keeffe.

Too much food and wine aren’t the only things causing post Christmas hangovers in 2011. January can be one of the most financially stressful times of the year as Christmas bills start arriving into households around the country during the month. This year in particular, many families will struggle to keep their heads above water as they deal not only with Christmas overspending but reduced incomes, cuts in social welfare and job losses.

Recent analysis by European insurer Aviva has shown that people in Mayo need to save an additional €9,100 a year to live adequately in retirement. Mayo’s annual pensions savings gap, the difference between what is currently being saved and expectations for retirement, stands at €550 million, the equivalent of an average €758 per capita per month of working age or €9,100 a year. These are among the findings of a comprehensive analysis of Ireland’s retirement landscape to date by the company.

The National Consumer Agency (NCA) has just published its latest motor insurance cost comparison on www.nca.ie.

Mayo consumers are saving more than ever and are now looking for new ways to shore up their money for the long-term, according to Tony Raftery, manager of Acorn Life in Mayo.

Some long-term investments really do work, it has been shown this week, with the news that a a lucky Prize Bond holder from County Mayo who bought the ticket 20 years ago, has just won the weekly Prize Bond Star Prize of €20,000.

Businesses in Galway are the sixth quickest in the country to pay their bills in the first half of this year, according to latest research.

A restructuring plan is being discussed for the future of the Mount Carmel Medical Group and Aut Even Hospital following reports of financial difficulties this week.

EBS Mullingar has announced details of an information week focusing on home insurance. EBS Mullingar will run an Insurance Week from Monday August 23 to Friday August 27. EBS is offering home owners a chance to avail of three months free cover when they purchase their home insurance buildings and contents policy this summer. Any customer who takes out an insurance policy during this particular week will be entered into a draw for a chance to win a food and wine hamper.