Out-patient benefit caps to cut plan costs

Health insurance experts are predicting that insurers are likely to introduce cheaper new plans in the coming months that cap out-patient benefits.

While health insurance plans typically apply a cap on the amount that customers can claim on out-patient benefits, experts are now predicting that reduced caps will apply to some new plans as insurers try to find ways to offer lower-cost plans, without cutting hospital cover.

“Laya has launched some interesting new ...