Simplyhealth
Simplyhealth is a health insurance company based in Andover.
It started in 1872 as the Manchester & Salford Hospital Saturday Fund. This was a nonprofit organization. The members paid every week. They could then go to a voluntary hospital without paying. When they were sick the fund paid them. The fund gave more than ten million pounds to hospitals in London before 1944.[1]
When the National Health Service started in 1948 it continued. Members pay every month and get money when they are ill. Most of them do this through their employer. It changed its name in 2009 to Simplyhealth.
It bought Denplan a dental insurance company in 2011, for £115 million.[2] In November 2022 it started Simplyhealth Ventures, a venture capital business, which over the next few years will put £60 million into UK-focused new healthcare businesses.[3]
References
- ↑ "H.S.A. Christmas Box to Hospitals". East London Observer. 1944-02-04. https://www.britishnewspaperarchive.co.uk/viewer/bl/0003191/19440204/037/0003.
- ↑ 2011-12-20T08:34:00+00:00. "AXA sells Denplan to Simplyhealth". Insurance Times. Retrieved 2023-02-09.
- ↑ "UK-based Simplyhealth launches new VC fund 'Simplyhealth Ventures' at €68M | Silicon Canals". 2022-11-15. Retrieved 2023-02-09.