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To ask the Chancellor of the Exchequer, what recent discussions he has had with (a) Cabinet colleagues and (b) insurance providers on helping to ensure that cancer patients are able to access affordable travel insurance.
To ask the Chancellor of the Exchequer, what recent discussions he has had with (a) Cabinet colleagues and (b) insurance providers on helping to ensure that cancer patients are able to access affordable travel insurance.
Treasury Ministers and officials regularly engage with a variety of stakeholders, including other departments and representatives of the insurance industry, on a range of issues. The Government recognises the important role of insurance products, including travel insurance, in building the financial resilience of consumers and protecting them when things go wrong.
Insurers make commercial decisions about the terms on which they will offer cover following an assessment of the relevant risks. For example, a history of serious illness such as cancer, may increase the likelihood or severity of a claim, which in turn affects the premium an insurer decides to charge or whether they offer cover at all.
However, the Government is determined that insurers should treat customers fairly and firms are required to do so under Financial Conduct Authority (FCA) rules. The FCA is the independent body responsible for regulating and supervising the financial services industry. The FCA requires firms to ensure their products offer fair value (i.e. if the price a consumer pays for a product or service is reasonable compared to the overall benefits they can expect to receive).
In addition, since April 2021, the FCA has required firms offering travel insurance to signpost consumers to a directory of specialist providers if they are declined cover, offered cover with an exclusion, or charged a significantly higher premium based on their pre-existing medical conditions.
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of establishing a cross-sector taskforce led by the Economic Secretary to the Treasury to (a) assess the barriers people with cancer face when seeking travel insurance and (b) make recommendations on improving (i)...
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of establishing a cross-sector taskforce led by the Economic Secretary to the Treasury to (a) assess the barriers people with cancer face when seeking travel insurance and (b) make recommendations on improving (i)...
Treasury Ministers and officials regularly engage with a variety of stakeholders, including other departments and representatives of the insurance industry, on a range of issues. The Government recognises the important role of insurance products, including travel insurance, in building the financial resilience of consumers and protecting them when things go wrong.
Insurers make commercial decisions about the terms on which they will offer cover following an assessment of the relevant risks. For example, a history of serious illness such as cancer, may increase the likelihood or severity of a claim, which in turn affects the premium an insurer decides to charge or whether they offer cover at all.
However, the Government is determined that insurers should treat customers fairly and firms are required to do so under Financial Conduct Authority (FCA) rules. The FCA is the independent body responsible for regulating and supervising the financial services industry. The FCA requires firms to ensure their products offer fair value (i.e. if the price a consumer pays for a product or service is reasonable compared to the overall benefits they can expect to receive).
In addition, since April 2021, the FCA has required firms offering travel insurance to signpost consumers to a directory of specialist providers if they are declined cover, offered cover with an exclusion, or charged a significantly higher premium based on their pre-existing medical conditions.
Budget debate resumed (fourth day). Motion that income tax is charged for the tax year 2024-25. Debate adjourned, to be resumed tomorrow.
Budget debate resumed (fourth day). Motion that income tax is charged for the tax year 2024-25. Debate adjourned, to be resumed tomorrow.
I am surprised to be called so quickly, so thank you, Madam Chair. I was really pleased by the statement that the Secretary of State is looking at how to compensate those in the health and social care sector for national insurance rises. I have in my constituency Central Surrey...
I am surprised to be called so quickly, so thank you, Madam Chair. I was really pleased by the statement that the Secretary of State is looking at how to compensate those in the health and social care sector for national insurance rises. I have in my constituency Central Surrey...
It is a pleasure to follow the hon. Member for Jarrow and Gateshead East (Kate Osborne). In reflecting on the maiden speeches that we have heard this afternoon, I will just add a comment to what the hon. Member for Yeovil (Adam Dance) said in his Titanic analogy. As the...
It is a pleasure to follow the hon. Member for Jarrow and Gateshead East (Kate Osborne). In reflecting on the maiden speeches that we have heard this afternoon, I will just add a comment to what the hon. Member for Yeovil (Adam Dance) said in his Titanic analogy. As the...
This Budget is the moment we turn the page on 14 years of Tory neglect of our NHS, when we begin to fix the foundations of our public finances and public services, when we wipe the slate clean after 14 years of stagnant growth and under-investment, and when we start...
This Budget is the moment we turn the page on 14 years of Tory neglect of our NHS, when we begin to fix the foundations of our public finances and public services, when we wipe the slate clean after 14 years of stagnant growth and under-investment, and when we start...
rose—
rose—
I am happy to give way to the hon. Gentleman to tell us why.
I am happy to give way to the hon. Gentleman to tell us why.
On the new hospital programme, the Government committed in the Budget to move swiftly to rebuild reinforced autoclaved aerated concrete hospitals. The Queen Elizabeth hospital in King’s Lynn is keen to make progress with its plans. Will he meet me and the trust so that we can unlock the funding...
On the new hospital programme, the Government committed in the Budget to move swiftly to rebuild reinforced autoclaved aerated concrete hospitals. The Queen Elizabeth hospital in King’s Lynn is keen to make progress with its plans. Will he meet me and the trust so that we can unlock the funding...
That is a commitment that we have made and a commitment that we will keep. I am happy to ensure that the hon. Member can meet the relevant Minister and project team as we get under way on delivering that project.
I did actually go back to check the pledges made...
That is a commitment that we have made and a commitment that we will keep. I am happy to ensure that the hon. Member can meet the relevant Minister and project team as we get under way on delivering that project.
I did actually go back to check the pledges made...
On the Budget, GPs, hospices and care homes have been found to be either exempt or not exempt from the national insurance contributions. Will he clarify whether hospices, care homes and primary care are exempt or not? That really matters to their costs.
On the Budget, GPs, hospices and care homes have been found to be either exempt or not exempt from the national insurance contributions. Will he clarify whether hospices, care homes and primary care are exempt or not? That really matters to their costs.
I am grateful for that intervention for two reasons. First, it gives me an opportunity to say to GPs, hospices and other parts of the health and care system that will be affected by employers’ national insurance contribution changes that I am well aware of the pressures, we have not...
I am grateful for that intervention for two reasons. First, it gives me an opportunity to say to GPs, hospices and other parts of the health and care system that will be affected by employers’ national insurance contribution changes that I am well aware of the pressures, we have not...
It would be churlish of anybody in the House not to welcome the £22 billion that has been allocated to the NHS. Everyone across this great United Kingdom of Great Britain and Northern Ireland will benefit from that.
A number of my GP surgeries have contacted me about their national insurance...
It would be churlish of anybody in the House not to welcome the £22 billion that has been allocated to the NHS. Everyone across this great United Kingdom of Great Britain and Northern Ireland will benefit from that.
A number of my GP surgeries have contacted me about their national insurance...
I am grateful for that intervention. It is of course for the devolved Administrations to decide how to use the Barnett consequentials that the generous uplift in funding provided by the Chancellor will provide. We make no bones about it: we had to make some difficult choices in the Budget...
I am grateful for that intervention. It is of course for the devolved Administrations to decide how to use the Barnett consequentials that the generous uplift in funding provided by the Chancellor will provide. We make no bones about it: we had to make some difficult choices in the Budget...
I congratulate my right hon. Friend on his success in getting this extra money for our national health service, which is incredibly needed. He spoke about the extra GPs that he is taking on. The doctors’ surgery in Staveley in my constituency has told me that surgeries in the most...
I congratulate my right hon. Friend on his success in getting this extra money for our national health service, which is incredibly needed. He spoke about the extra GPs that he is taking on. The doctors’ surgery in Staveley in my constituency has told me that surgeries in the most...
My hon. Friend is absolutely right about equity and fairness of access. The Government are determined to close the gap in healthy life expectancy and health inequalities that blight our nation. GPs and primary care are an important part of doing that. Unless we fix the front door to the...
My hon. Friend is absolutely right about equity and fairness of access. The Government are determined to close the gap in healthy life expectancy and health inequalities that blight our nation. GPs and primary care are an important part of doing that. Unless we fix the front door to the...
I fully understand the crisis that the Secretary of State inherited. He will be aware that most hospitals are running at a deficit, many have substantial debts and many are spending up to 15% of their income on servicing private finance initiatives. Is his Department prepared to make some
kind...
I fully understand the crisis that the Secretary of State inherited. He will be aware that most hospitals are running at a deficit, many have substantial debts and many are spending up to 15% of their income on servicing private finance initiatives. Is his Department prepared to make some
kind...
I am grateful for that intervention. The right hon. Gentleman is absolutely right that we walked into a position of enormous deficits in the NHS, and an enormous black hole in the public finances was left by the last Government. That is why we have had to make some difficult...
I am grateful for that intervention. The right hon. Gentleman is absolutely right that we walked into a position of enormous deficits in the NHS, and an enormous black hole in the public finances was left by the last Government. That is why we have had to make some difficult...
Will the Secretary of State give way?
Will the Secretary of State give way?
I will make some more progress.
Speaking of the Conservative party, I welcome the right hon. Member for Melton and Syston (Edward Argar) to his new position as the shadow Health and Social Care Secretary—the best job in the Opposition. In the two and a half years that I did his...
I will make some more progress.
Speaking of the Conservative party, I welcome the right hon. Member for Melton and Syston (Edward Argar) to his new position as the shadow Health and Social Care Secretary—the best job in the Opposition. In the two and a half years that I did his...