Tag Archives: Credit card

Opinion – Recovering the cost of NHS treatment for overseas patients – National Audit Office

November 3, 2016 By in Business Administration, Healthcare, NHS, People, Politics Tags: , , , Leave a comment
UTAR PBB Debit Card

UTAR PBB Debit Card (Photo credit: Wikipedia)

Read first hand the NAO’s report on recovering the cost of NHS treatment for overseas patients. Alarmingly, the report concludes that the amount recovered has increased but NHS hospital trusts remain some way from complying in full with the requirement to recover the cost of treating overseas visitors.

Source: Recovering the cost of NHS treatment for overseas patients – National Audit Office

My wife and I have travelled extensively and from time to time require medical care in foreign countries – without exception, we must produce pre-screened credit or debit cards to cover payment BEFORE we are able to see a doctor.

Sadly, the NHS is full of so many broken processes that it cannot collect effectively debts from foreign patients. If the NHS were outsourced, you could be sure that this lapse would be immediately reversed.

Let me ask an open question:

Do you think that the NHS will ever be able to offer proper value for money, focusing on front-line services and largely elimination bureaucracy? If not, is that a viable alternative?

Thoughts?

Banks accused of being ‘fundamentally corrupt’ after they sold useless card insurance to two million customers  | Daily Mail Online

January 28, 2015 By in Business Administration, Central banks, David Cameron, Fiscal Policy, George Osborne, People, Politics Tags: , , , , , , , , , 1 Comment

This is a must-read article from the Daily Mail, with a damning headline. Check it out!

via Banks accused of being ‘fundamentally corrupt’ after they sold useless card insurance to two million customers  | Daily Mail Online.

Major UK banks, including Llloyds, RBS, Barclays and HSBS have been ordered to pay compensation, after selling worthless insurance to up to two million customers,

Lord Turso, a former member of the Parliamentary Commission on Banking was cited by the Mail as saying:

‘This is yet another mis-selling scandal which underlines the conclusions we came to in the banking commission that sales practices used by thee banks were fundamentally corrupt.

Clearly, the UK banks are too big and bloated, paying bonuses that are too high and the interests of consumers seem to be subordinated.

This leads me to an open question:

Perhaps, it is time for the European authorities to take a hard look at UK banks in the interests of protecting consumers?

Thoughts?