Autumn Statement 2022: Industry reaction

"Struggling families have little insight into what help might be available"

Hemma Visavadia
clock • 3 min read

The protection and health insurance industry reacts to yesterday's Autumn Statement, which included revisions to the government's plans for energy bill support, NHS fundings, Solvency II reforms and social care cost caps.

Dr. Sneh Khemka, chief executive at Simplyhealth said that despite the additional funding announced "it's clear that the NHS will remain under considerable financial strain for some time, and over the next few months will also have to face into winter pressures." "This means that emergency and inpatient care will have to be prioritised, and outpatient services will be necessarily compromised," he warned.  Meanwhile, Amanda Blanc, group chief executive of Aviva, said that yesterday's Autumn statement was a "very welcome boost for UK investment." "We estimate reforms to Solvency 2 wi...

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