It's the one story in healthcare that simply won't go away: the seemingly never-ending rise in costs says Cigna Global Health Benefit's Peter Mills.
Wherever you look in the supply chain - whether it's cover for health conditions or the treatment of those conditions, the narrative is that globally, costs are rising. The worldwide average is a cost increase of around 10% per year according to Mercer, and 5-6% in the UK. Longer working lifespans (with the removal of a default retirement age), longer life expectancy (but no similar rise in good health-age expectancy), and ever-more expensive health treatments, are not the ingredients for falling...
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.
The official supplement of this year's COVER Excellence Awards is available to read now as an eBook.
Child cover within critical illness plans has assumed a far greater importance in recent years, writes CIExpert's Alan Lakey.
Holloway Friendly has widened its new online underwriting process allowing protection advisers to write both full and short term income protection business in minutes.