Add exclusions to reduce premiums

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Affordability concerns drive change

There may be room in the private medical insurance (PMI) market for products that have reduced premiums for exclusions, according to Larry Bulmer, member and former chairman of AMII. Speaking at COVER's Breakfast Briefing, Peter Lurie, director of Proactive Medical & Life, asked whether there would be a drive to discount premiums for customers with exclusions Lurie said: "With the recession in place and with everybody having to pay national health contributions, would that be something that insurers would be looking at, or is it something that AMII or other bodies could push in terms of...

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