All down to price?
Recent figures suggest that though the public does want private medical insurance, they prefer for employers to pay for it. Altering this trend requires market innovation, says Ian Lindisfarne.
Private medical insurance is a good thing but only if someone elsepicks up the tab. This seems to be the conclusion from the latest figures
supplied by leading health consultancy, Laing & Buisson.
These show that over the period 1989 to 1999 the numbers covered under
company paid PMI increased by 10%, from 3.9million to 4.3million while the
number of individual/employee paid arrangements fell by 9%, from
2.3million to 2.1million.
In retrospect, this divergence in performance is not surprising
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