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Consumers comparing products in the private medical insurance arena, will be pleased to hear that Moneyfacts has revealed its 2020 Five and Four-Star Ratings in this sector, highlighting the very best products available in the market.
Every year thousands of products are impartially assessed by Moneyfacts, across 17 categories, from business and personal finance products to insurance and investment products. It is down to the extensive analysis of more than 2,000 data fields that enables Moneyfacts to award its Star Ratings every single year, helping to support consumers with their decision-making process.
In a survey of consumers from July 2019, over three-quarters (77%) agreed that an independent Star Rating is of importance when taking out a financial services product. In addition, just over nine out of 10 (91%) consumers agreed that a Star Rating from an independent and impartial company could influence their decision in considering taking out a financial services product.
Moneyfacts’ latest Annual Star Ratings derive from the analysis of over 40 fields of information per individual product. Numerous areas are considered when assessing the private medical insurance ratings, including:
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Commenting on the latest results of the Annual Star Ratings Richard Eagling, Editor of Investment Life & Pensions at Moneyfacts, said: “The need for private medical insurance has arguably never been greater, with the NHS under increasing pressure, and growing demand for quality, yet affordable treatment options. New innovations and a greater range of additional benefits have made PMI a more compelling product but have also made it more complex. The Moneyfacts Private Medical Insurance Star Ratings help customers direct their focus and make an informed decision, by highlighting the most comprehensive products on the market.”
To see the full list of awarded products, please click here. There are many more 2020 Moneyfacts Annual Star Ratings to come.
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.
When accounting for inflation, UK regular pay between February and April fell 2.2% compared to the previous year, the Office for National Statistics (ONS) announced today. “If you exclude bonuses, pay in real terms is falling at its fastest rate in over a decade,” said Sam Beckett, Head of Economic Statistics at the ONS. When taking bonuses into account, this figure changes to a rise in pay of 0.4%.
When accounting for inflation, UK regular pay between February and April fell 2.2% compared to the previous year, the ONS announced today.
As the economy begins to recover from the pandemic, HM Revenue and Customs (HMRC) are is beginning to enjoy increased revenue streams again. What do you need to know about the National Insurance increases in April? Today, HMRC recorded £597.6 billion in receipts for April 2021 to January 2022. This is £124.8 billion higher than the figure recorded a year earlier which is largely due to the economic recovery from the pandemic. “The data shows the nation continuing to emerge from the pandemic with income tax and national insurance continuing to surge as more people return to work,” said Helen Morrissey, Senior Pensions and Retirement Analyst at Hargreaves Lansdown. This was reflected in the increase in receipts for self-assessment income tax and National Insurance Contributions (NIC) for the period of April 2021 to January 2022. This value stood at £15.1 billion, which is £5.3 billion higher than in the same period a year earlier. “The continuing rise in these receipts signals good news as we see more people in work but many of us are also bracing ourselves for the forthcoming 1.25 percentage point rise in national insurance - otherwise known as the Health and Social Care levy - due to come in April,” warned Morrissey.
As the economy begins to recover from the pandemic, HM Revenue and Customs (HMRC) are is beginning to enjoy increased revenue streams again.
This month, Ellie in our Events team had the enjoyable job of calling three of our readers to tell them they had won £1,000 each!
This month, Ellie in our Events team had the enjoyable job of calling three of our readers to tell them they had won £1,000 each!
When accounting for inflation, UK regular pay between February and April fell 2.2% compared to the previous year, the Office for National Statistics (ONS) announced today. “If you exclude bonuses, pay in real terms is falling at its fastest rate in over a decade,” said Sam Beckett, Head of Economic Statistics at the ONS. When taking bonuses into account, this figure changes to a rise in pay of 0.4%.
When accounting for inflation, UK regular pay between February and April fell 2.2% compared to the previous year, the ONS announced today.
As the economy begins to recover from the pandemic, HM Revenue and Customs (HMRC) are is beginning to enjoy increased revenue streams again. What do you need to know about the National Insurance increases in April? Today, HMRC recorded £597.6 billion in receipts for April 2021 to January 2022. This is £124.8 billion higher than the figure recorded a year earlier which is largely due to the economic recovery from the pandemic. “The data shows the nation continuing to emerge from the pandemic with income tax and national insurance continuing to surge as more people return to work,” said Helen Morrissey, Senior Pensions and Retirement Analyst at Hargreaves Lansdown. This was reflected in the increase in receipts for self-assessment income tax and National Insurance Contributions (NIC) for the period of April 2021 to January 2022. This value stood at £15.1 billion, which is £5.3 billion higher than in the same period a year earlier. “The continuing rise in these receipts signals good news as we see more people in work but many of us are also bracing ourselves for the forthcoming 1.25 percentage point rise in national insurance - otherwise known as the Health and Social Care levy - due to come in April,” warned Morrissey.
As the economy begins to recover from the pandemic, HM Revenue and Customs (HMRC) are is beginning to enjoy increased revenue streams again.
This month, Ellie in our Events team had the enjoyable job of calling three of our readers to tell them they had won £1,000 each!
This month, Ellie in our Events team had the enjoyable job of calling three of our readers to tell them they had won £1,000 each!
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