The number of people covered by a private medical insurance policy in 2008 increased by 2.7 percent from the previous year, despite the UK heading into the recession. That means that the total number of people now covered by either a personal or corporate policy is now 7,335,000 according to the figures released by the Association of British Insurers. Nick Starling from the organisation told moneyhighstreet.com, “The continued rise in the number of people covered by PMI is good news. PMI gives people the peace of mind that they are able to get access to the treatment they need, at the time they need it, where they need it.”


The recession has meant that many people have had to cut back on the luxury items and activities that they once enjoyed before they may have lost their job, been laid off or had their hours cut down for example. Private medical insurance has long been thought of as a luxury and for some this may seem like an option to cut back on. But with cash plan private medical insurance, health cover is no longer the luxury that it used to be as it is now more affordable for the majority of people with premiums starting as little as £10.88 per month. Health is an area that many people consider a high priority and cutting back on healthcare is something that people don’t wish to do, and still want to have the option to be treated in a short space of time in a place that is convenient to them and where they are sure they can expect to receive top quality treatment that can come as a result of private medical insurance. These people might want to get a quote for cash plan private medical insurance to see how much money they can save and consider switching rather than cancelling altogether. These latest figures show that people are not looking to cancel anytime soon.