Insurers have reported a 13% rise in their private medical insurance (PMI) membership totals as the market continues to boom.
The figures are included in Health & Protection’s latest Individual Private Medical Insurance Report with the industry expecting the surge in demand to continue for several years.
Data given to Health & Protection shows market growth outstripping the 12% reported in the first Individual Private Medical Insurance Report published last year.
This rapid expansion overtook insurers’ three-year growth expectations in just 12 months, and sentiment is even more buoyant this year.
The full results and market analysis can be found in the Health & Protection Individual PMI Report which is available for all advisers, intermediaries and brokers to download for free from this link or by clicking on the front cover below.
