ABI warns of NHS costs spiral
The Association of British Insurers (ABI) has claimed that businesses will face higher insurance costs as a result of Government plans for the NHS to recover the cost of treating victims of workplace accidents.
The ABI estimates that the plans will push up the cost of employers' liability insurance (EL) for the average business by 5%. This comes at a time when EL premiums are currently rising by between 10 -15% a year, largely due to the increasing cost of personal injury claims.
Stephen
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Management
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Insurers urged to pay claims quickly following BI ruling
- BI test case: Brokers buried under avalanche as clients clamour to claim
- Supreme Court rejects insurers' appeals in BI test case judgment
- Analysis: Gaps in the market
- Blog: Why the BI ruling offers brokers the perfect opportunity to show their mettle
- Biba reveals measures to help brokers in light of Supreme Court judgment
- Test case insurers promise action after Supreme Court defeat