Couldn't really see a suitable place to post this in one of the existing threads, so opted to create a new one..
My company's private healthcare policy has just been renewed as it's the start of our financial year. Despite HR / Reward departments shopping around across all the usual suspects, our policies have gone up by 117% year-on-year, and the excess has increased by 100% (£100 to £200 per annum).
The provider (BUPA in this instance) cite an exponential increase in supporting the NHS over the past 12 months which severely restricted capacity in 2020, along with a significant backlog of claims now coming in from people who didn't for whatever reason do so in 2020, but have subsequently done so in 2021 so far.
I appreciate that company subsided private healthcare is a nice perk to have and shouldn't be treated as a given, but thought the unprecedented increase in cost might be of interest to those who browse this corner of the forum. I'd also be interested to hear how others' policies change as they're renewed, by way of comparison.
Cheers ~ Jim.
My company's private healthcare policy has just been renewed as it's the start of our financial year. Despite HR / Reward departments shopping around across all the usual suspects, our policies have gone up by 117% year-on-year, and the excess has increased by 100% (£100 to £200 per annum).
The provider (BUPA in this instance) cite an exponential increase in supporting the NHS over the past 12 months which severely restricted capacity in 2020, along with a significant backlog of claims now coming in from people who didn't for whatever reason do so in 2020, but have subsequently done so in 2021 so far.
I appreciate that company subsided private healthcare is a nice perk to have and shouldn't be treated as a given, but thought the unprecedented increase in cost might be of interest to those who browse this corner of the forum. I'd also be interested to hear how others' policies change as they're renewed, by way of comparison.
Cheers ~ Jim.