HSF Health planpremiums rise

For HSF Health Plan, the health cash plan provider, for the year ended 31 December 2012, new policyholders increased 2.6% to 9,200 taking the total number of policyholders to 101,000. Total premiums over the year were £23.8m (2011: £23.5m) but less reinsurance premiums of £1.1m (2011: £1.1m) net premiums earned totalled £22.7m (2011: £22.4m). Claims paid were £17.2m (2011: £17.3m). Net operating expenses were £265,000 (2011: £431,000). Investment income increased over the year to £1.0m (2011: £459,000). Profit on ordinary activities before tax was £1m (2011: £970,000).