The Exeter has revealed that it will make a rebate of £5.3 million to its health insurance members as a result of fewer claim cases made in 2020 and 2021.
The rebate will see Exeter members receive an average of £346 per policy, equivalent to two months' premiums. During the Covid lockdown periods, several private hospitals were requisitioned by the NHS. The use of the independent hospitals ultimately caused delays for other non-critical treatments which were due to take place at the premises. Due to the delays, The Exeter said it will pay back any unforeseen financial saving which arose from the pandemic. This includes refunding partial premiums to people who chose to cancelled or changed their cover in 2020. In addition, the group ...
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