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Chancellor under fire for omitting PMI tax break
The chancellor should have used his Spring Statement address to incentivise private medical insurance to tackle record NHS wait times, according to David Middleton, chairman of the Association of Medical Insurers and...
Read moreOBR predicts highest recorded fall in living standards as lack of Universal Credit support in Spring Statement a ‘bitter blow’
Britons will suffer their biggest fall in living standards on record during the next 12 months, the Office for Budget Responsibility (OBR) has predicted. And the agency warned that living standards may...
Read moreSunak hits low earners as NIC threshold up £3k and Income Tax cut planned
The National Insurance Contribution (NIC) lower threshold will be increased by £3,000 in July to bring it into line with the Income Tax personal allowance lower limit. However, the move has been...
Read moreInflation hits 30-year high and duration is a key factor
UK inflation hit a 30-year high of 6.2% in February as measured by the consumer prices index (CPI), up from 5.5% in the previous month. Insurers have warned that the duration of...
Read moreResearch underlines importance of gender balance among profession, advisers say
Advisers believe that research indicating women put more emphasis on building relationships with clients' families only underlines the importance of ensuring gender balance within the profession. Health & Protection spoke to a...
Read moreBlack Lives Matter and #MeToo prompting insurers to reassess ESG goals
Four in 10 insurance businesses across the global have reassessed their environmental, social, and governance (ESG) goals due to social trends such as the Black Lives Matter and #MeToo movements. This is...
Read moreMunich Re withdraws from Russian business and pledges support for Ukrainian refugees
Munich Re has announced it will not renew existing contracts in Russia and Belarus and has suspended all new business. The group added it will do the same with its investments in...
Read morePMI treatment returning quickly as half of public eye private care – research
The NHS backlog is continuing to drive people towards private healthcare and hospitals are confident about growing volumes of work from insurers, according to research from private hospitals. A study by the...
Read moreInsurers not paying consultants enough as hospital capacity crunch looms – WPA
Insurers are not paying private consultants enough and this is contributing to a potential capacity crunch as they leave the market, WPA has said. The insurer emphasised that hospital capacity was generally...
Read more‘Slim’ chance of PMI tax break despite strong government backing – IHPN
There is very little chance of a tax break for private medical insurance (PMI) despite government’s “strong support” for the private healthcare sector, according to the Independent Healthcare Providers Network (IHPN). The...
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