NHS waiting times highlight the appeal of private medical insurance
Data released by The King’s Fund, an independent charity working to improve health and care in England, shows that for 2017/18, NHS performance has remained below their own waiting time targets.
According to The King’s Fund, the 18-week referral-to-treatment standard for planned care has not been met since February 2016, the A&E four-hour standard since July 2015 and the 62-day cancer standard for more than three years.
At the same time, data released by Bristol-based mutual health insurer, National Friendly, shows how private medical insurers could help to ease some of the pressure on the NHS. Injury related claims account for just over a fifth of total claims paid by the insurer*, which is one of the most common reasons why patients visit A&E, according to a recent parliamentary paper.
National Friendly reported that injuries to the knee and leg are most common, accounting for more than a quarter of all injury related claims paid, followed by sprains to the hip and thigh.*
Wayne Carter, Head of Sales and Marketing at National Friendly observes, “Whilst the NHS is undoubtedly doing an excellent job, the pressures on it grow ever more each year, if for no other reason than the fact we have an ageing population. An ageing population brings with it higher risks of illness, whether it be back injuries, cancer or worn out hips and knees. When NHS waiting lists can be as long as 18 weeks for some non-urgent cases, the appeal of rapid treatment with private healthcare can be considerable.”
In other data released by the Society, cancer treatment represents one of the most expensive types of claims it paid, with costs capable of exceeding £40,000. With cancer treatment being one of the areas where the NHS is struggling to meet its targets, the case for going private can be a powerful one.
For more information on National Friendly please visit https://nationalfriendly.co.uk/pr
* National Friendly invoices paid by condition type, June 2017 to August 2018
Editor Notes/data sources