BUPA has indicated it will appeal the High Court's decision to uphold the Government's risk equalisation scheme.
The High Court was told this morning that the Minister for Health has agreed to continue a stay on the implementation of the scheme until 19 January.
At that stage BUPA is expected to apply to the Supreme Court for an extension of the stay, pending the outcome of the appeal.
Senior Counsel for BUPA Paul Sreenan told the court that the matter of the appeal was a separate issue to BUPA's withdrawal from the Irish market.
The risk equalisation scheme would involve BUPA paying a subsidy to VHI to compensate the VHI for having a greater number of high-risk, older and more expensive subscribers.