Medindia

X

‘Fat Tax’ Gives added burden to obese in Britain

by Dr. Sunil Shroff on  February 25, 2008 at 5:36 PM General Health News   - G J E 4
‘Fat Tax’ Gives added burden to obese in Britain
Insurance firms in Britain are planning to impose a 'fat tax' on the overweight and obese people.

Costs for the seriously overweight could be 50 percent higher on new premiums, and the threshold at which the higher rate starts will be lowered.
Advertisement

The country's biggest life insurer, Legal & General, confirmed that 13 percent of new applicants face paying the higher premiums, which apply to anyone with a body mass index of 30 or higher, the point at which people are declared medically obese.

Advertisement
The increased charge can be up to 400 percent if you fall into other high-risk categories, such as being a smoker or having previous medical conditions.

'Most people understand that poor diet and lack of exercise can lead to health problems but they might not realize that being significantly overweight would also make their life insurance more expensive,' the Scotsman quoted Russ Whitworth, Legal & General's director of underwriting and claims, as saying.

'Although it is not an exact science, we find that BMI is the best indicator of the risk of being overweight, so it pays to stay in shape,' Whitworth added.

A spokesman for the Association of British Insurers said: 'If you are obese, you are at greater risk of contracting certain diseases. It is just the same as increasing the premium for a smoker or somebody with previous medical conditions.'

Source: ANI
SUN/K
Advertisement

Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
User Avatar
* Your comment can be maximum of 2500 characters
Notify me when reply is posted I agree to the terms and conditions

You May Also Like

Advertisement
View All

More News on: