The Challenges of PMI

Navigating sustainable solutions

clock • 2 min read

Dave Middleton, executive chair of the Association of Medical Insurers (amii), shares how innovative approaches, such as direct access to consultants and leveraging data insights, could help improve service efficiency and manage costs in private medical insurance (PMI).

There are significant challenges facing the PMI market, particularly the rising premiums due to increased usage of policies and added value services like virtual GPs. Contributing factors to these premium hikes include medical inflation, technological advancements, rising treatment costs, and an ageing population with growing health issues. At our recent amii Spring Summit, we were joined by AXA Health's head of specialist and practitioner relations, Sarah Taylor, who highlighted the challenges facing the PMI market. She called on providers and intermediaries to work together to educate ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on PMI

 Spectrum.Life appoints head of insurance
PMI

Spectrum.Life appoints head of insurance

Ian Ranger joins

Jaskeet Briah
clock 27 February 2025 • 1 min read
Simplyhealth expands health test offering
PMI

Simplyhealth expands health test offering

26 new in-clinic health tests

Jaskeet Briah
clock 13 February 2025 • 2 min read
Perci Health expands virtual cancer clinic services
PMI

Perci Health expands virtual cancer clinic services

Cancer prevention programmes

Jaskeet Briah
clock 04 February 2025 • 3 min read