The Office of Fair Trading (OFT) should consider healthcare trusts as the most transparent form of corporate private medical insurance (PMI), specialists have said.
At the end of 2011 it was reported that the OFT was recommending an investigation into the PMI Market because it believed it is not competitive. Concerns include lack of transparency and comparable information for patients, GPs or health insurance providers on the quality and costs of private healthcare services. The OFT believes this means the cost of treatment may not always be transparent. Bruce Eaton, business development manager at healthcare trust specialist Healix Health Services explained: "The key to an effective healthcare trust is the expertise and knowledge that goes in...
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