Large companies are attempting to drive down claims expenditure against its rising private medical insurance premiums by deterring trivial claims and encouraging members to use an alternative to private medical treatment, according to Aon Consulting.
In its 2004 annual benefits survey Aon Consulting the company said 4 in 10 employers (42.6%) surveyed experienced more than a 6% increase in benefit costs.
It said 8 out of 10 employers list the rising cost of premiums as one of their biggest concerns when renegotiating private healthcare arrangements for their employees.
The average single subscription rate currently stands at between £301 and £350. Aon Consulting said it expected the figure to rise to more than £350 by the end of 2005.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
