Private Health Insurance (Hansard, 21 October 1994)

HC Deb 21 October 1994 vol 248 cc373-4W 373W

§ Mr. Bayley
To ask the Chancellor of the Exchequer how many elderly people claimed tax relief for private health insurance premiums; and what was the aggregate value of this tax relief in each year since tax relief for such premiums were introduced.

§ Sir George Young
The information is given in the table.374W

Tax relief on private medical insurance contracts for individuals aged 60 or over

Year Approximate Number of contracts Approximate Numbers of individuals covered Cost of tax relief (£million)

1990–91 350,000 500,000 40

1991–92 350,000 500,000 60

1992–93 350,000 500,000 70

1993–94 375,000 550,000 80

1994–95¹ 75,000 550,000 95

¹ Provisional

Tax relief on private medical insurance contracts for individuals aged 60 or over
Year	Approximate Number of contracts	Approximate Numbers of individuals covered	Cost of tax relief (£million)
1990–91	350,000	500,000	40
1991–92	350,000	500,000	60
1992–93	350,000	500,000	70
1993–94	375,000	550,000	80
1994–95¹	75,000	550,000	95
¹ Provisional