Jelf predicts remuneration investigation


Jelf has warned that the private health insurance and employee benefits sector will be "no place for the faint hearted" next year.

The employee benefits consultancy predicted more insurers will follow Bupa in using open referrals and expects a regulatory investigation into market remuneration practices. It also noted that the NHS reforms may drive some product innovation, but feared some of the new offerings may play on concerns surrounding the reforms. Chief among the concerns raised by the brokerage will be its expectation that private medical insurance (PMI) remuneration will be investigated. ‘Towards the end of 2012 and into 2013 we predict that investigations into level commissions for PMI will gather pac...

To continue reading this article...

Join Professional Adviser

  • 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.



Already a Professional Adviser member?


More on PMI


Bupa rolls out full mental health cover to individual market

Time limits removed

Adam Saville
clock 07 June 2019 • 1 min read

VitalityHealth launches 'comprehensive' mental health package

Unlimited CBT and counselling

Adam Saville
clock 07 February 2019 • 2 min read

April UK withdraws from UK health insurance market

'Existing PMI customers will require advice'

Adam Saville
clock 19 July 2018 • 1 min read