With confidence in the National Health Service at an all time low, it is not surprising to learn that Private Medical Insurance (PMI) is enjoying a bit of a boom time.
Over seven million people in the UK are now covered by either personal or corporate PMI according to the latest figures from the Association of British Insurers.
Nick Starling, the ABI’s director of general insurance and health, said: “It’s good news that the popularity of private medical insurance continues to grow. Health insurance gives people access to the treatment they need, when they need it, offers greater privacy and better facilities, and reduces pressure on the NHS. And it enables employees to get back to work after illness or injury much more quickly than they otherwise would. This is good for companies and the economy, and is reflected in the rise in the number of people covered by corporate policies.”
So just what did happen to the National Health Service?
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