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15 November 2008
Expert: Private travel insurance is a risk
A doctor is taking on the travel insurance industry claiming their cover is a false economy and his newly-launched policy based on the EHIC card is a far better option.
Dr Samy Masoud

14 November 2008
Baby boomers burst health insurance bubble
A survey in Australia has found that baby boomers are not prepared for health coverage. Fujitsu Consulting polled 6000 Australians aged between 45 and 64 and discovered that four million Aussie’s either had chosen not to purchase health insurance or they could not afford to purchase it. Those with private insurance however, stated that they were ‘very worried’ about paying for it as it increased to 42% in the past three months. A second study then found that the primary reason as to why so many baby boomers faced a health insurance panic was due to the drop in superannuation returns. 83% said that their super performance would be hit by financial conditions such as the credit crunch and falling property prices.
Fujitsu Consulting

13 November 2008
Bupa: Women more worried about credit crunch
Women are suffering more from stress as a result of credit crunch-driven financial difficulties than men, according to research released today. The study, conducted by health insurance provider Bupa, showed that nearly half (49 per cent) of women feel increasingly stressed at work and 57 per cent fear for their finances. By contrast, less than 50 per cent of the men surveyed were worried about their personal finances and one-third said they felt a credit crunch-induced increase in stress at work.
Bupa

12 November 2008
BCWA: Britons need educating on benefits of PMI
Health insurance provider, BCWA, has concluded that the insurance industry is failing to provide people with clear information about the benefits of private medical insurance (PMI). Recent research by the firm found that 83% of people surveyed could see themselves using savings (44%) or borrowing money (39%) to pay for one-off private medical treatment, rather than take out a PMI policy. Of those who would borrow money, 21% would approach family and friends and 18% said they would borrow from a bank or building society. In addition, 22% of those questioned said they would use their savings or borrow money to pay for private treatment overseas.
BCWA

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