The cost of claims being paid by insurers has jumped as patients require more complex treatment, as delayed or missed diagnoses often delay necessary care, according to new data from Broadstone.
The independent consultancy analysed the volume and cost of corporate healthcare claims, finding that for cancer claims, the number of claimants rose 20% but the cost of claims paid surged 131% as severity increased. According to the latest NHS data, 64% of people in England received their diagnosis and started their first treatment within two months (or 62 days) of an urgent referral in February 2024, despite the target being 85%. Brett Hill, head of health and protection, Broadstone, said: "Soaring waiting lists and a surge in the number of patients per GP are causing delays to trea...
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