The Association of British Insurers, the ABI, published guidelines this month which updates the glossary of terms used in all private medical insurance policy documents. A number of organisation types have been consulted in the generation of this definitions of medical terms including the PMI industry, the ABI and the cancer charity, Cancerbackup.
The objective of this is to ensure clarity for consumers to ensure that customers fully understand the terminology used in their insurance policies and so they have a better understanding of what is and what is not covered, particulary when it comes to health insurance cover for cancer. Freedom has always tried to ensure clarity on its policy documents and our glossary of insurance and medical terms on the website supplements our comprehensive definitions in our brochures, which are sent out to clients upon request.
With about 6 million people covered by private medical insurance in the UK, it is important that we work towards clearer definitions and helping our clients to be fully informed about their health insurance cover.