Rebecca Ward, assistant director and head of health and protection, ABI, discusses how the Budget will impact economic growth and spur protection and health.
A key driver of economic growth is a thriving and productive workforce. With Office for National Statistics (ONS) data showing that 2.8 million working-age people are out of work due to long term ill health, with bleak predictions that those numbers are set to increase, the UK is faced with an urgent need to improve the health of the working population. The government can do this by supporting the uptake of health and protection products and leveraging insurers' strong economic interest in keeping people healthy and in work, a move that benefits workers, employers and the economy al...
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