Insurance fraud costing Brits billions

Insurance fraud costs the UK more than £30 billion a year, according to the latest annual indicator report from the National Fraud Authority.

In response to the figures, the Association of British Insurers' (ABI) director of general insurance and health Nick Starling highlighted the importance of the industry's "zero tolerance policy" on fraudulent crime.

He said: "Fraud costs every family in the UK. In these tough economic times, the last thing people need is to be paying for fraudulent activity.

"Dishonest insurance claims alone cost around £2 billion year, which adds on average an extra £44 a year to every household's general insurance budget."

The Insurance Fraud Bureau reported that working closely with law enforcement agencies has resulted in more than 300 fraud arrests in recent years.

Brits can save money on their health insurance cover by using price comparison sites and tools to find the best deal to meet both individual and family needs, but risk invalidating their cover if they do not disclose information about pre-existing medical conditions of which they are aware.

Circle Healthcare, the private healthcare firm which recently took over the failing NHS Hinchingbrooke Hospital , is set to develop its first hospital in Scotland. Circle Healthcare, run as a John...

Private healthcare provider Nuffield Health has been awarded the National Health Service Litigation Authority’s (NHSLA) Level Three Award for risk management. Nuffield Health is now the only private hospital...

With experts warning that the London 2012 Olympics will be a hotbed for diseases from around the world, private medical cover will ensure that you receive the highest level of healthcare if the NHS is put...

After we previously reported that prostate cancer drug abiraterone has been deemed by NICE as too expensive for use on the NHS, health insurers are now coming forward to offer cover for the drug. NICE had...

A new survey has found that Brits are twice as likely to gamble with their health than with their money or their career. AXA Wealth carried out a survey of 2008 adults, and found that nearly a fifth (18%) of...