Claims have increased by 15% for workplace health policies, with one million claims made in 2022 compared to 873,000 in 2021, according to the Association of British Insurers (ABI).
A record 4.4 million people are now covered by health insurance through their employer, which is up by 8% from four million in 2021. The total number of people covered by both individual and workplace health insurance policies increased by 7% to 5.8 million in 2022, which the ABI detailed is the highest number it has seen since 2008. Pay outs for health insurance claims also hit a record high at nearly £3 billion. According to ABI's research, nine in 10 (86%) people who were absent from work due to illness or injury were successfully supported to stay in their employment using serv...
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.