Bupa has delivered a strong response to news that concerns over health insurers' doctor payment schedules are to be reported to the FSA.
The health insurer said that without the schedules premium costs would spiral, leading to a reduction in demand and income for the private medical sector, with "obvious" implications for both private and NHS hospitals. Earlier this week Lord Sassoon, the Commercial Secretary to the Treasury, said he would report House of Lords concerns raised in response to a question by Lord Walton. A former General Medical Council chairman, he asked: "Whether fixed fee schedules and restricted hospital and consultant networks...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
