Brussels, 12/02/2008 (Agence Europe) - In its judgement of Tuesday 12 February 2008, the Court of First Instance concludes that the risk equalisation scheme (RES) introduced by Ireland on the private medical insurance market is justified. BUPA/Quinn and Vivas Health, the two rivals of the traditional insurance firm VHI (Voluntary Health Insurance Board), should pay the latter costs to offset the average risk difference between their clients. (Case T-289/03).
The RES was conceived (but not...