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NHS funding debate highlights benefits of PMI

Published: 09 Jul 2014

When your clients’ health is compromised due to illness or injury, they will want to be reassured that medical treatment is readily available to them.

That said, the continual debate over what the future holds for the NHS refuses to go away, with the latest twist seeing several leading figures and groups calling for a debate on how it is funded and what sources are going to be provided in the future.

The Royal College of Nursing and the Royal College of Physicians are among a number of signatories to pen their names to a recent open letter - published in The Times - which aims to encourage those in charge to take action to address a funding gap that will result in an extra £30 billion being needed to run the service at current levels by 2020.

According to BBC Health Editor, Hugh Pym, this could incorporate anything from raising taxes to charging for particular treatments - although both options are likely not to be received well among the public.

One of the main reasons behind the long-running problems of the NHS is the fact we, as a population, are living longer. In 50 years, the authors of the letter suggest this will result in two and a half times more patients suffering from multiple health problems, further adding to the strain currently being felt by the service.

The open letter could be seen as a wake-up call for those who have yet to invest in private medical insurance (PMI). With the NHS under scrutiny, customers that have taken out a PMI policy should have greater peace of mind that they can receive treatment for many conditions at a time and place convenient to them.

You can click on our individual and company PMI product pages for more information on how your clients can benefit from taking out a PMI policy.

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