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...
COVID-19 letter sent to policyholders
Early next week
With payment holidays and enhanced NHS cash benefits