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WPA expects others to offer top-up policies

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Health Secretary Alan Johnson announced that patients would no longer lose their right to NHS care if they decided to pay privately for drugs not available on the health service.

 

Only one insurer, WPA, is currently offering a top-ups policy. WPA launched its product 18 months ago and now has several different options available, one of which covers cancer drugs. Charlie MacEwan of WPA says; “Demand has exceeded expectations. I expect other major health insurers will become our competitors now. The potential for this market is phenomenal and could dwarf private medical insurance."

 

My Cancer Drugs from WPA provides access to the drugs for an annual premium based on your age plus 5% insurance premium tax. If you are a smoker, you double your age for the calculation. The insurance will pay for drugs such as Avastin, Tarceva, Stutent and others although it will not provide access to private consultants.

     

Private medical insurance: News update: November 2008

 

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