Dentists Provident report paying over 99% of claims in 2022
The long established income protection provider Dentists Provident, has released its claims statistics for 2022.
The member owned mutual which was established in 1908, experienced nearly 60% more claims than in the previous year. Behind this was a rise in COVID related claims, which were usually of a shorter duration than previous years. 99.1% of claims received a payment. This figure was not entirely unexpected, given that 98.9% of 2021 claims were paid. With 1679 claims received during 2022, only 15 were declined.
The largest individual payment made was £62,430 and although the highest percentage of claimants were in the 46 to 55 year old age group, dentists from their 20s onwards were able to make claims on their income protection. In one example of how they were able to provide support to members, Dentists Provident describe the case of an associate in their 20s who after fracturing their arm in a hiking accident was unable to work for eight weeks while recovering. Payment from their income protection plan helped them until they could return to practice.
Types of incapacity included, but were not restricted to, musculoskeletal disorders, infectious diseases, cardiovascular disease and accidents, as well as psychiatric disorders.
With the pandemic in progress the majority of claims for infectious diseases were related to COVID. Farrukh Mirza, CEO of Dentists’ Provident, commented, “Nearly three years on from the pandemic and we have again seen a resurgence in COVID claims, thankfully for our members, the vast majority of infections have been less severe and of a shorter duration.”
Commenting on the statistics Simon Elliott, Chief Risk Officer said: “We take pride in our personalised and thorough underwriting, giving members confidence they have a dependable income protection plan that works for them. In 2022 we have had one of the highest levels of claims paid but without a corresponding increase in complaints. It is easy to attribute our success solely to our people and our processes but none of this would be possible without our members, who have been incredible.”
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GDPUK Ltd announces sale of intellectual property to leading publisher Cogora Group
GDPUK Ltd today announces the sale of its intellectual property assets to Cogora Group, one of the UK's leading publishers of healthcare brands, events and educational platforms.
The decision to sell GDPUK’s intellectual property forms part of a considered transition to ensure the long‑term stewardship and development of the brand and associated assets. Cogora brings a wealth of experience and expertise to support the continued evolution of the dentistry brand within its wide portfolio of market-leading healthcare publications. Its award-winning titles include Pulse, a long‑standing and widely recognised source of political news and clinical education for GPs, Nursing in Practice, Management in Practice, The Pharmacist, Pulse PCN and Healthcare Leader, as well as two secondary care publications – Hospital Healthcare Europe and Hospital Pharmacy Europe. The purchase will cement Cogora as the biggest publisher of primary care titles in the UK and allow it to bring its expertise in providing news, analysis, opinion and groundbreaking stories to GDPUK, as well as continue giving dentists and dental staff a voice through its website.
“After careful consideration, we believe that Cogora is well positioned to take GDPUK’s intellectual property forward,” said Tony Jacobs, founder, editor and publisher of GDPUK.com . “This transaction provides continuity for the professional community associated with GDPUK and creates opportunities for future growth under experienced ownership.”
Tony will continue involvement in GDPUK on a consulting basis.
GDPUK Ltd has worked to ensure an orderly transfer of the intellectual property and wishes Cogora every success in its future development.