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UK insurers design system to help Health Insurance Counter Fraud Group

Eleven of the UK’s leading health insurers have united to form a fraud intelligence system to support the Health Insurance Counter Fraud Group’s fight against healthcare fraud.

The group, which has secured the support of the Association of British Insurers, now hopes to stamp out fraudulent goings-on using its data-sharing system.

The system, which will be unveiled at the HICF group’s annual conference in November, has been designed to allow the industry to share data and intelligence with providers, doctors and hospitals.

The ABI director of general insurance and health Nick Starling says: “Insurers are determined to crack down on fraud across the industry. This initiative will help to reduce fraud in the health insurance sector. It is honest customers who end up paying for the dishonesty of others, which is why we are taking the issue so seriously.”

Speaking on behalf of the group Dr Simon Peck says: “Most of our customers and providers of healthcare services are honest but some are not. Our customers trust us to look after their money and as counter-fraud professionals that’s exactly what we do.”


A life in funds

Having started in the UK financial services industry in the late 1960s, Cofunds communications consultant Richard Eats retired last week and headed to New Zealand. Remembering the inflation-led difficulties of the 1970s, as well as the 1987 crash and its impact on the mood and atmosphere of the City, Eats talks about the evolution of the UK’s retail funds industry.

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What price (more) freedoms?

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?


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