VHI is increasing its prices.
The health insurer says the sole purpose for the price hikes is to cover customer healthcare costs.
The increase will range from 6% to 12% depending on the individual plans.
However it says the average price hike will be 9%.
The increases will come into effect from this March.
In a statement the company outlined the two key factors contributing to the increase.
It said the increased demand for healthcare was a contributor with average claims cost per customer increasing by 15% since 2009.
It added that its private health insurance business is currently loss making and due to market contraction they “need to ensure the organisation is sustainable”.
