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Medical Insurance

Volume 164: debated on Monday 18 December 1989

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To ask the Chancellor of the Exchequer what steps he is taking to hasten the implementation of the provision of the Finance Act to introduce a tax allowance to help elderly subscribers to medical insurance; and what representations he has received from insurance companies expressing concern about their ability to meet customers' demands for tax relief to take effect from 6 April 1990.

The Inland Revenue has been consulting the private medical insurers on draft regulations to ensure a smooth introduction of the relief. I understand that all the major insurers are planning to offer contracts by 6 April 1990 that will meet the requirements for the relief.