OFT review must be 'ramped up' - BIBA

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Health insurers and brokers have broadly supported the Office of Fair Trading's (OFT) view that the private healthcare market is ‘not working well for customers'.

However concerns have been raised that the OFT's review does not go far enough or the problems identified will be ‘very challenging' for it to address. As COVER revealed, the OFT released preliminary results of its review of the private healthcare market that highlighted issues around information transparency for patients and the apparently cozy relationship between hospitals and consultants. Steve Foulsham, technical services manager at the British Insurance Brokers Association (Biba), said the body had been worried about the lack of choice available for sometime. "We welcome the ...

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