21% growth for PMI in 2024

NHS wait times and strikes driving growth

Cameron Roberts
clock • 2 min read

Private Medical Insurance is set to see a 21% growth in the coming months, according to research by Smart Money People.

The increase builds upon the 14% growth reported in H2 2023, it is primarily driven by long NHS waiting times and continuing Doctors strikes, according to Smart Money People. Jacqueline Dewey, CEO, Smart Money People, said: "It's interesting to see that annual health insurance is expected to see particular growth. "With pressure on the NHS leading to longer waiting lists and delayed or cancelled procedures, this growth is reflective of a generation of people who are deciding to take proactive decisions when it comes to their health." The growth in the sector is partly down to an 11...

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