Spending on healthcare cover in the UK increases to £4.1bn

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Spending on health and care cover, such as private medical insurance (PMI), healthcare cash plans an...

Spending on health and care cover, such as private medical insurance (PMI), healthcare cash plans and dental benefit plans in the UK reached £4.1bn in 2003, according to the latest Health & Care Cover - UK Market Sector Report 2004, from Laing & Buisson. The study showed that if health protection products such as critical illness and income protection are included, this figure rises to £8.9bn. Some 20% of the UK population now has some form of healthcare cover, with the largest portion, £3.27bn, having been spent on PMI and self-insured corporate schemes in 2003. A further £417m was spent ...

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