Spending Review: Opportunity for health and protection markets

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The health insurance and protection markets have reacted with cautious optimism to the government's spending review.

While most industry representatives recognise there is now a significant opportunity for co-operation with the public sector most also realise this must be taken in the context of budget constraints. It appears that with purse strings being held so tightly, any private sector involvement with public services must show a marked saving on expenditure. Richard Sear, CEO of health insurer National Friendly believes financial strains are already starting to show on the NHS and is encouraging the private and public health services to work together to improve problems such as waiting times. ...

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