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NHS strains set to drive private health insurance growth

Record numbers used insurance for treatment in 2023
There were 12,000 more admissions paid for with private medical insurance in the second quarter of 2023 compared with the same period in 2022

Demand for private medical insurance in the UK is expected to rise this year, according to industry executives and independent analysts, as the junior doctors’ industrial action shows no sign of ending and NHS waiting lists remain high.

Payouts for private claims hit a record of almost £3bn in 2022, the latest year for which there is complete data, the Association of British Insurers said. Independent research suggests the number of Britons with medical insurance has grown at a high single-digit annual rate in recent years.

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