Medical insurance popular with Brits
June 21, 2007 by admin
Filed under News, News-Insurance
More and more of us are choosing to take out private medical insurance (PMI).
The latest figures from the Association of British Insurers (ABI) show that 2006 saw a 1.8 per cent increase in PMI subscriptions compared to the year before.
In 2005, 1,012,000 people signed up to PMI, while in 2006 this number jumped to 1,030,000.
The ABI points out that this means 5.9 million adults and children in the UK are now covered by PMI and says that the benefits are clear to see.
“Private medical insurance offers people greater choice of treatment and other services for a wide range of medical conditions and injuries,” said Nick Starling, director of general health and insurance at the ABI.
“It also takes pressure off the NHS, so by buying PMI, people are effectively reducing the burden on Britain’s hard-pressed health service.
“It is encouraging that more individuals are choosing to buy PMI for themselves and their families. PMI bought by companies on behalf of their employees has continued to increase in popularity too, helping to ensure that people can get back to work sooner after illness or injury,” he added.
