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UK: Norwich proposes public/private partnership

Article Abstract:

Norwich Union is calling for the introduction of compulsory individual health cover which could see the demise of private medical insurance in favour of a public-private health partnership with income-linked premiums. Discounted premiums would be available to the disabled and individuals on benefits. The proposals are to be discussed at a Labour Conference fringe meeting, and have been published by the National Economic Researchj Associates for Norwich Union. The proposals aim to take healthcare provision away from a two-tiered system which enables wealthier individuals to jump NHS waiting lists, towards a one-tier, free-choice system.

Publisher: FT Business
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
Government regulation, Norwich Union PLC

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UK: HEALTH INSURANCE BOOM FORECAST

Article Abstract:

UK health insurance is expected to receive a boost, with 10% of respondents to a survey claiming to be considering a health policy in the near future, according to a Legal & General report. Some 14% of respondents considered their healthcare provision to be inadequate, with 30% boasting private medical insurance, and 12% cash plans. Some 60% had no cover. Forecasts suggest that the number of private medical insurance policyholders could rise from 3.5mn to 3.9mn by 2005.

Publisher: FT Business
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
Sales & consumption

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Subjects list: United Kingdom
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