L25004-T-LH - Private Medical Insurance - Employees

Description

This is a Pre Market Exercise for Private medical insurance Additional information: London Luton Airport (LLA) provides Private Medical Insurance for all staff at LLA. As this is an insurance product, LLA have a responsibility to ensure that best value is achieved each year and in order to do so, conduct a Pre Market Exercise (PME) to bench mark the Private Medical insurance market. This project is to enable that information is gathered and should an alternative provider be sourced through this exercise then LLA will/ may use this information to award appropriately. This PMI (Private Medical Insurance) will be offered as a fully insured (ideally with profit share) and managed service. The policy will be underwritten as Medical History Disregarded (MHD) for all covered in the policy. The policy will be based on a nil excess for employees. However, it will be asked to quote with excess and underwriting options as a price comparison.