'Hands off PMI premiums': IPT petition to launch at AMII AGM

clock • 2 min read

With no change in the Budget earlier this month to a planned increase in Insurance Premium Tax (IPT) to 12% from 1 June, AMII plans to use the AGM to announce a Parliamentary Petition action plan to raise public awareness about the impact of IPT increases.

Stuart Scullion, chairman of AMII said he believed that a petition with the names of consumers, employers and employees using private healthcare insurance and health cash plans would send a clear message: "Hands off health insurance premiums!" Scullion said that the Treasury has viewed IPT as "low hanging fruit for generating revenue with three increases in the last two years." AMII has a responsibility to lobby Government in the interests of health providers, intermediaries, employers, consumers and the NHS but we need the support of every AMII member to get behind the initiative, st...

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