This is the first monthly Health Insurance News Brief from Private Healthcare UK. The Health Insurance Centre on Private Healthcare UK is one of the most comprehensive online resources for all types of health insurance. This monthly e-newsletter will keep you up to date on company and product news in the health insurance sector.
This month's Hot Topic
Cancer treatment under private medical insurance
Thanks to increased and improved screening, middle aged people who get cancer have an improved chance of survival and recovery. Cancer treatment can last for a long time. The cost to the NHS and private medical insurance companies is considerable.
This month's Health Insurance News
Tesco to launch own brand private medical insurance
Tesco is moving into the private medical insurance market. The UK's largest supermarket chain is planning to offer policies to its customers in partnership with AXA PPP healthcare..
PruHealth taking off
PruHealth, the innovative health insurer, is taking off big time. Over the last year, the number of customers went up from 7,400 to 58,912, a 700% increase.
Health-on-Line offers discount for buying online
Health-on-Line is offering a 5% discount to customers who buy individual private health insurance on its redesigned web site.
Income Protection Insurance : New policy from British Insurance
British Insurance has launched a new short term income protection policy. It offers unemployment and incapacity cover at only £ 5 a month per £100 of cover.
First time buyers run risks
Research for the Post Office says that one in two first-time buyers would only be able to meet mortgage payments for six months if they suddenly lost their regular income due to illness or unemployment .
Pensioners not planning for long term care
The vast majority of pensioners are not planning for long term care, says a survey from long term care insurers GE Life.
Prudential launches sales team for Lifetime Mortgages
Insurer Prudential will introduce a dedicated sales team for Lifetime Mortgages to visit clients at home from October 2006.
Employees are 30 days from financial crisis, says Prudential
According to research from Prudential, 18 per cent of Britain’s workers were signed off last year due to long-term illness. Despite this, 36 per cent have little or no savings to tide them through emergencies.
Norwich Union cuts prices on critical illness insurance
Norwich Union Life has cut prices on many of its combined Life and Critical Illness policies. For Life and Critical Illness cover premiums on a guaranteed basis, there is an average decrease of 0.3%, with 88% of prices cut.
Bupa reduces prices on income protection
Bupa has cut income protection prices. Bupa is reducing its premiums by up to 30 percent.
Consumers lack understanding of critical illness insurance
Consumers have a worrying lack of understanding around the critical illness application process, according to a survey by critical illness insurers Scottish Equitable Protect.
Improvements to Norwich Union Healthcare PMI for small companies
From 1st September, there are improvements to the Solutions private medical insurance product for small companies.
Other news areas
Many sections on Private Healthcare UK now feature current news items. For example:
Cosmetic surgery news
Private hospital news