Annual Report 1/9/21 - 31/8/22
WMPF Group Insurance Scheme Annual Report
Trustee Update to Members 01/09/21 – 31/08/22 click here to view as word document
Scheme Update
The group insurance scheme continues to provide valuable support to West Mercia members. and in the past year £223,015.19 has been directly paid to assist members and their beneficiaries through the various scheme benefits provided under the trust.
The scheme has also assisted 524 members and their families through the provision of Motor Breakdown, Mobile Phone, Mental Health Counselling Service, GP24, Home Emergency and the Legal Expenses Service.
Scheme Changes
During the past year we have met with our scheme managers from Philip Williams on a quarterly basis either in person or via Microsoft Teams to review scheme performance and claim’s history.
At the renewal meeting in July 2022 several benefits within the scheme were due for renewal and as a result of the claims information several changes were agreed by the trustees in order to continue to make sure the scheme remained both affordable and fit for purpose. The trustees also chose to subsidise increases which were required by insurer from trust funds.
The following changes are explained in the letters to you sent via email and posted on the West Mercia Federation website at www.polfed.org/westmercia
The trustees changed the following benefits
PA Benefit changes (new levels)
Loss of one or more eyes/limbs £50,000
Loss of hearing – one ear £12,500
Loss of hearing both ears £50,000
Court Award Compensation max £500
PA Benefit (New)
Loss of speech £50,000
Permanent Disabling Injuries % scale max £50,000
On Duty Assault Firearm & stabbing (3-day eligibility) £1500/£700
Burns causing disfiguration/scarring up to £5,000
Convalescent Benefit £70 per stay
Unsociable Hours x 24 weeks after 14 days £1.00 per USH
Emergency Dental max £500
Travel Insurance
Car Hire Extension max £1500
Monthly Subscriptions
Making the changes listed above has enabled the trustees to negotiate the renewal for the 2022-2023 insurance year with minimal impact to your monthly subscriptions which are as follows.
|
The next renewal of the scheme will be in September 2023.
The below report contains the claims information for the West Mercia Group Insurance Trust for the insurance period from 1st September 2021 - 31st August 2022 and is produced for the information of trust members. The previous year’s figures are shown for comparison purposes
Membership Numbers
|
Category |
No. of Members Sep 20 |
No. of Partners Sep 20 |
No. of Members Sep 21 |
No. of Partners Sep 21 |
No. of Members Sep 22 |
No. of Partners Sep 22 |
|
Serving |
1434 |
158 |
1544 |
142 |
1526 |
122 |
|
Retired |
904 |
372 |
896 |
341 |
889 |
323 |
|
Total |
2338 |
530 |
2440 |
483 |
2415 |
440 |
Claims Experience
Life Claims (including Legacy Top-Up)
Data correct 31st August 2022
|
Year |
Serving |
Retired |
Other |
Total number |
|
|
|
|
|
|
Life |
TPA |
|
2020 - 2021 |
345,000 |
35,000 |
40,500 |
9 |
0 |
|
2021 - 2022 |
0 |
180,000
|
12,500 |
6 |
0 |
Critical Illness Claims
Data correct 31st August 2022
|
Year |
Serving |
Other |
Total number |
|
2020 - 2021 |
£50,000
|
£5,000
|
6 |
|
2021 - 2022 |
£20,000
|
0
|
2 |
Personal Accident Claims - (PTD/ Loss of Use)
Data correct August 2022
|
Year |
No. of settled claims |
Total Paid to date |
Total o/s |
|
2020 - 2021 |
0 |
0 |
0 |
|
2021 - 2022 |
0 |
0 |
0 |
Hospital Benefit Claims
Data correct 31st August 2022
|
Year |
No. of settled claims |
Total settled |
Total o/s |
|
2020 - 2021 |
16 |
£2,300.00 |
0
|
|
2021 - 2022 |
5 |
£800.00 |
0 |
Court Compensation Claims
Data correct 31st August 2022
|
Year |
No. of settled claims |
Total settled |
Total o/s |
|
2020 - 2021 |
18 |
£2,242.65 |
0
|
|
2021 - 2022 |
25 |
£3,186.77 |
0
|
Sickness Benefit Claims
Data correct 31st August 2022
|
Year |
No. of settled claims |
Total settled |
Total o/s |
|
2020 - 2021 |
6 |
£11,500.13 |
0
|
|
2021 - 2022 |
6 |
£7,028.42 |
0
|
Travel Claims
Data correct 31st August 2022
|
Year |
No. of claims |
Total settled |
Total o/s |
|
2020 - 2021 |
23 |
£9,056.12 |
0
|
|
2021 - 2022 |
51 |
£31,466.98 |
£2,856.52
|
Legal Expenses Claims
Data correct 31st August 2022
|
Year |
No. of claims |
Total paid |
Total reserve |
|
2020 - 2021 |
29 |
£63,665.35 |
£96,947.85
|
|
2021 - 2022 |
25 |
£59,642.84 |
£132,7f86.10
|
Motor Breakdown
Data correct 31st August 2022
|
Year |
No. of call outs |
Total cost |
Average cost |
|
2020 - 2021 |
239 |
£21,554.00 |
£90.18
|
|
2021 - 2022 |
225 |
£27,004.00 |
£120.02
|
Home Emergency Claims
Data correct 31st August 2022
|
Year |
No. of accepted claims |
Total cost |
|
2020 - 2021 |
90 |
£16,558.62 |
|
2021 - 2022 |
72 |
£9,474.68 |
Mobile Phone Claims
Data correct 31st August 2022
|
Year |
No. of claims |
Total cost |
|
2020 - 2021 |
31 |
£16,888.00 |
|
2021 - 2022 |
37 |
£23,324.00 |
Health Assured
Data correct 31st August 2022
|
Year |
No. of claims |
|
2020 - 2021 |
63 |
|
2021 - 2022 |
63 |
GP24
Data correct 31st August 2022
|
Year |
No. of claims |
|
2020 - 2021 |
56 |
|
2021 - 2022 |
55 |
