Private Medical Insurance Market is Forecast to Rise at a CAGR of 2% Private Medical Insurance Market 2017 | Page 2
Improving economic conditions do not prescribe continued growth in the category, however, as the
recession-induced demand for lower-cost policy coverage has spurred an increase in the popularity and
availability of cheaper healthcare cash plans and self-pay options for one-off treatments. This new market
dynamic threatens to divert customers away from comprehensive, but high-premium private medical
insurance policies.
Scope
This report provides market analysis, information and insights into the UK private medical insurance
business
It provides a global snapshot of market size
It analyses drivers and the outlook for the market
It provides information on distribution channels
It covers deals, news and regulatory developments
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Reason To Buy
Gain an understanding of the UK private medical insurance market size
Learn about the performance of market drivers and distribution channels
Understand the competitive landscape in terms of performance, profitability and product innovation
Find out more on key deals and recent developments in the market
Key Highlights
Private medical insurance premiums rose by 3.2% in 2012
Demand shifted away from the private healthcare sector
Minimal competition among private suppliers has increased costs for insurers
Competition Commission intervention should begin to alleviate cost constraints
Premium growth will be sustained, despite opposing forces
Private medical insurance is under threat from lower-cost alternatives