The government's plans for the National Health Service are more spin than fact, warns a leading private medical insurer.

BCWA sales and marketing director Philip Fowles said the extra £13bn that the government plans to invest in the NHS over the next four years would still leave it underfunded compared with the rest of the industrialised world.

He called for a new approach to healthcare involving the NHS and the independent sector.

“We should not be misled by the hyperbole,” Fowles said.

“The prime minister's plan is simply a shopping list – a set of targets and aims that the government hopes to secure with an extra £13bn that it plans to pour into the NHS during the next four years.

“Whether this is achieved and whether the investment proves to be inflationary remains to be seen.”