Shortfall in information funding costly private treatment
The insurance industry is failing to provide people with clear information about the financial benefits of private medical insurance (PMI), according to new research revealing more than four out of five people (83%) would borrow money or dip into their life savings to fund one-off private medical treatment instead of opting for a more economical PMI policy.
The survey, conducted by health insurers BCWA, has found almost half of people in Britain (44%) would be prepared to pay for one-off private treatment using their savings, while more than one in five
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