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June 2007
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Health insurance news : June 2007
Private Healthcare UK keeps you up to date with the latest information on new health insurance plans, product developments and scheme changes.
Bonus for Brighton residents
Brighton based American Express Insurance Services is offering Brighton residents a 10% saving on annual travel insurance. The offer is available on two American Express travel insurance policies -...
Expatriate insurance firm receives licence
AXA Insurance Gulf has received its medical licence from the General Authority for Health Services (GAHS) in Abu Dhabi. The licence has been issued in view of the law passed by the GAHS earlier this...
Popularity of Private Medical Insurance
Bupa research shows that for 65 percent of Britons, access to clean hospitals is the most important reason for taking out PMI.MRSA and general hospital hygiene are clearly top concerns for people....
Bupa studies carbon footprint
In a move to lessen the environmental impact of its business, Bupa is conducting a world-wide study of its carbon footprint. In measuring the impact a company has on the environment –...
Cinven wins 1.5 billion pound Bupa hospitals auction
Private equity firm Cinven has won the £1.44 billion auction for Bupa UK's 25 private hospitals. The sale of Bupa Hospitals will have no impact on Bupa’s insured customers, who...
ABI launches draft guide
Insurance company trade body The Association of British Insurers (ABI) has launched a draft guide on critical illness insurance, which aims to help consumers better understand what it does and the...
Remember family income benefits
In the middle of the price war for life assurance, Roger Edwards of insurer Bright Grey would like to remind you about Family Income Benefits: “Family income benefit accounts for a mere 5%...
Ace Life gets FSA approval to set up new company
Ace Europe has gained Financial Services Authority approval for the establishment of a new London based life insurance company. Ace Europe Life will trade as Ace Life. The new Life Company will...
New gym deals
Innovative private medical insurer, PruHealth, has upgraded its gym offering bringing it closer to the company’s core philosophy of rewarding members for being healthy. The concept is...
Reform pans NHS
Offering a less rosy view of the NHS than Michael Moore is Helen Evans, director of Nurses for Reform, a pan-European network of nurses dedicated to consumer-oriented reform of European health-care...
New film compares US with Europe
Legendary consumer crusader Michael Moore has a new movie, "Sicko.", all about the U.S. health-care and insurance industry. It profiles a number of Americans with insurance who have been...
Give up smoking and reward yourself with PruHealth
For many people the smoking ban that comes into effect on 1 July 2007 does not a come moment too soon. However, for those still struggling with the idea of a smoke-free England, innovative private...
GCC investors plan first Islamic insurer in Britain
British Islamic Insurance Holdings, a company with $38mn of capital provided by Arabian Gulf investors, plans to be the first stand-alone insurer to offer UK Muslims cover that complies with their...
All change
Leslie Smith, founder, managing director, chairman, and driving force behind Medibroker Ltd, the UK insurance agency that specialises in providing medical insurance, has retired from the company...
Unum launches new underwriting approach
Unum has introduced a new underwriting approach to its individual income protection products that focuses on how people deal with illnesses, rather than on what illnesses they have had. The previous...
Sales of cancer drugs plan taking off
Sales of the mycancerdrugs insurance plan, which covers the cost of licensed drugs the NHS refuses to pay for, are exceeding expectations, according insurer WPA. Media coverage relating to the 11...
New occupational health clinic in London
Norwich Union Healthcare has opened a new occupational health clinic in London. The clinic, which performs health screenings, pre-employment medicals, pro-active absence and sickness management, and...
Saga buys AA
Saga, which sells holidays and other products to the over-50s, is to buy motoring giant AA for £3.4 billion. The merged company will have more than 11,000 employees. Private equity firms...
LV= cuts term life prices
LV= has reduced around 90% of its term life assurance premium rates. On Level Term policies, 93% of prices have been reduced with 7% increased. On Decreasing Term policies, 90% of prices have been...
Alzheimer's awareness week
Alzheimer’s awareness week from 1-7 July, is a time to think of the benefits of critical illness cover. In February, The London School of Economics and Institute of Psychiatry revealed that...
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