A bill that aims to cut the cost of PSI in Ireland by up to 30pc was tabled by Fine Gael TD Sean O’Sullivan on Wednesday.
The bill is aimed at cutting the price of PSIs, including for diagnostic services, from €3,600 to €2,800.
The legislation would apply to all health services and is likely to face stiff opposition from the PSI industry and others.
It comes after a number of studies last year by Irish universities and other experts warned that the cost is spiralling out of control, with many PSIs costing more than €3k.
The PSI sector, which employs about 80,000 people in the country, has been struggling to cope with a massive cost increase.
The proposed cuts to PSI would hit some of the biggest players in the sector including Health and Social Care, the Medical and Dental Institute of Ireland and the University of Limerick.
The industry is also concerned that the government’s proposed cut to PSIs will make it harder for it to attract the highly skilled medical professionals that it needs to survive.
The government’s €3.3 billion health service budget is expected to be spent on PSIs in 2021-22, the same year that the bill is expected in the Dáil.