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Tuesday, 31 May 2005 11:21
BNN: British Nursing News Online · www.bnn-online.co.uk
Private medical care take-up declines
Latest figures form the Association of British Insurers (ABI) shows that subscriptions to private medical insurance (PMI) have fallen for the first time in a decade.

There are now 3.68 million subscribers to private care in the UK after take-up dropped by 28,748 between 2003 and 2004.

However, corporate subscriptions increased by 11,000 over the same period and premium income also rose by 100,000.

Despite this, it is believed that the drop in PMI among private individuals is down to an unwillingness to pay rising premiums.

The ABI has called on the government to reduce the taxation of PMI providers because, it says, they save industry billions of pounds every year by keeping the workforce healthy.


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