Laya healthcare is set to increase the price across its schemes from the beginning of next year.

The move will see an average increase of 5% on the gross premiums of a number of schemes.

The company attributed the price rise to an “unsustainable increase in the cost and volume of claims in public and private hospitals, along with a significant increase in consultant costs are the main factors driving this review”.

It follows the Department of Health writing to insurers last week to advise them that the Government is to raise the health insurance levy by 10% from next April.

Laya said it has tried to minimise the impact on its members by reducing the price of certain schemes.