Private Medical Insurance for the over 55's gets cheaper

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shrinking over the last five years with the numbers of people covered falling from 1.9 million in 2005 to 1.7 million last year. But at last the insurers have woken up.

The over 55's represent a prime sector of the market but they are also ( cheap life insurance ) the group who have been most badly hit over recent years by the big price rises dished out by the insurers. Now ( mortgages ) both Standard Life, The Pru and Axa PPP have decided to do something about it. All three companies have brought out plain vanilla policies which concentrate on basic medical treatment ( life insurance policies ) and strip out some extras such as alternative therapies and psychiatric care. The policies also have increased the limitations on out-patient cover.

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