Cracking the cash plan problem.
Providers may regard cash plans as a simple 'nest egg' to help with everyday healthcare costs, however, the Financial Services Authority will regulate them as general insurance contracts. Lynn Rouse wonders if this decision could leave the regulator with egg on its face.
Grey areas always create problems. Cynical industry critics would sayinsurance companies thrive on them when it comes to the promise to pay.
Whether this is true or not, the fact is that grey areas
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