Bupa removes cancer limits
Bupa has announced plans remove limits on its cancer cover from its corporate health insurance policies.
The insurer launched Corporate Select in December 2009 with an option to apply an overall annual maximum benefit. This represented a significant shift in philosophy given Bupa's long-standing emphasis on providing comprehensive cover for every stage of cancer. The insurer reports that cancer treatment costs increased sharply in 2005 and 2006 due to the introduction of new drugs.
However, according to Bupa, these limits "offer a poor customer experience", meaning that patients "can be left vulnerable at critical points in their treatment". The insurer reports that a "very small number of clients" chose to put the limits in place.
Dr Natalie-Jane Macdonald, managing director of Bupa Health and Wellbeing, said: "We work closely with our clients to help them to provide their employees with the best quality healthcare at a sustainable affordable cost, and this remains a priority for us. We have developed better, fairer ways of controlling healthcare costs without compromising the experience and outcomes of patients at a difficult time in their lives."
For more informaiton on how this effects your Medical Insurance Scheme please contact your Health Matters Account Manager or email Simon Hurley-Smith firstname.lastname@example.org