Voluntary health insurance (VHI) schemes in many European Union (EU) countries are poor value for money, declining in popularity and lacking transparency, according to health researchers from the London School of Economics and Political Science.
The research found:
l The demand for VHI is declining in some EU countries l The trend is to reduce or abolish tax relief for VHI because it does not stimulate demand l VHI subscribers in the EU do not have adequate information about the price, quality and conditions of VHI and may buy inappropriate policies.
The paper, called Voluntary Health Insurance in the European Union, was based on an extensive analysis of secondary sources. VHI is defined as health insurance that is taken up and paid for at the discretion of individuals or employers on behalf of individuals.
For details, tel: 0207 955 7060.