Minister for Health James Reilly has said he is annoyed by the cost of private health insurance and asked why insurance premiums are increasing all the time.

Speaking at an Oireachtas Health Committee, Mr Reilly said he had asked the VHI to explain why it pays out 80% of all private claims, even though it only has 50% of the customer base.

He also questioned why procedures that now take 20 minutes still cost what they cost when they took two hours.