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Article: Shared responsibility plan well received.(Professional Health Plan)(Western Provident Association)
- Article from:
- Financial Advisor
- Article date:
- February 12, 2004
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A NEW health plan from Western Provident Association should work well, according to Penny O'Nions, principal of The Onion Group.
The Professional Health Plan is targeted at professionals and features a shared responsibility element, where the policyholder pays 25 per cent up to a maximum annual limit of GBP1000, GBP3000 or GBP5000.
Once the maximum annual limit has been reached, the insurer will pay 100 per cent of eligible claims until the next year.
Dr O'Nions said: "The plan has to be welcomed, because anything that is not completely meat and two veg is good for the market. It offers a wider range of choice, which makes it easier to find ...