Private healthcare favoured by high-net-worth - Lloyds TSB

clock

Six out of ten high earners now hold private health insurance, suggests research by Lloyds TSB Premier Banking.

Details of the Premier People report suggests three-quarters of the 1000 people questioned online believe the ability to choose when and where they are treated is they key benefit to holding PMI as well as access to immediate appointments. Over a third (36%) cited being able to choose exactly when they are treated as important, while over a quarter (27%) like having the ability to where they receive private healthcare. That said, one in ten does not believe PMI offers good value for money. Around one-fifth of those are paying for PMI from their own pockets in order to go private wh...

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 Protection

Training day: How will CPD changes impact protection?

Training day: How will CPD changes impact protection?

Rules may “lead to protection being overlooked”

Cameron Roberts
clock 30 May 2025 • 6 min read
'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

'Surely we're capable enough of doing it ourselves': Industry says protection should be in-house

Majority believe IFAs and wealth managers should not outsource, PA Asks finds

Isabel Baxter
clock 13 May 2025 • 3 min read
Five things to know when assessing critical illness policies

Five things to know when assessing critical illness policies

Five critical illness factors to consider

Alan Lakey
clock 12 May 2025 • 4 min read