Emerging from the shadows - Health Cash Plans

clock

With medical inflation continuing to rise apace, Owain Thomas finds a viable and increasingly popular alternative that fits tighter purse strings

The health cash plan market is often perceived as a quiet backwater, but it is seen by those already involved as a space for considerable future growth, particularly in the corporate paid arena. With data from market analysts Laing and Buisson showing an increase of 73% in company-paid schemes over the last year, this might even persuade the 57% of advisers (see page 8 in COVER’s Advance supplement) who have no interest in the arena to finally take the initiative, too. As Howard Hughes, head of business marketing at Simplyhealth explained, the individual market may not offer significa...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Cashplans

Medicash unveils plan including unlimited NHS dental cover

Medicash has launched a new corporate health cash plan including unlimited NHS Cover, access to Best Doctors and direct payment of PMI excesses.

clock 21 February 2012 •

Simplyhealth buys Denplan for £115m

Simplyhealth has bought dental cash plan provider Denplan from Axa for £115m.

clock 20 December 2011 •

Bupa joins individual dental cover market

Bupa has introduced its first consumer dental insurance product.

clock 19 December 2011 •