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NI threat to private health care

Private medical insurance provided by employers faces a threat under National Insurance changes to be introduced in April.


Employers are to pay NI contributions of 12 per cent on PMI benefits provided to their staff, causing a potential re-think at many large companies.


Leader of the Opposition William Hague is calling the government to review the tax change arguing it will “punish” those who make their own healthcare provision.


Health and risk practice Towers Perrin consultant Greg Clarke says: “This is a major worry for quite a number of companies, particularly as it is in addition to insurance premium tax, which is five per cent.”


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