Health Shield announces 4% premium income growth

Health Shield achieved revenue of £42.9m last year, up from £41.3m in 2018. Membership also continued to increase, with 113,000 members joining during the year. The society now covers 345,000 contributing members and their families. Despite the challenging backdrop last year - articulated by an increasingly competitive health and wellbeing market and Brexit related uncertainty - the friendly society's premium income rose by 4%, the 19th year in succession it has increased, the health plan and wellbeing support provider reported. There was a 1.4% increase in claims received, totalli...