Tackling PMI cost pressures for 2027 renewals: a data-led approach

Private medical insurance (PMI) remains under pressure despite a softening medical inflation position, NHS backlogs and changing workforce needs. In this 60-minute session we’ll share market insight, show how to bring evidence into renewal planning with the GEM PMI Modeller, and outline practical steps to navigate a more open market and how to improve value in 2027 and beyond.

Event details:

• Date: Tuesday 17 March
• Time: 10am-11am (including Q&A)
• Format: Live webinar

What you’ll learn:

The latest PMI market trends and cost pressures shaping 2027 renewals.

How to use your existing PMI data to build clear, defensible projections and discuss renewal ranges with stakeholders.

Where 'what if?' analysis helps you prioritise actions and how GEM supports evidence-based decisions that align PMI with broader people strategy.

Agenda:

• Welcome and chair’s introduction – Nick Clynes, Partner and Client Relationship Manager, Barnett Waddingham.
• Market deep dive: trends and cost pressures – Julie Waddington, Principal, Corporate Employee Benefits & Wellbeing, Howden Employee Benefits.
• Solution focus: using data in practice – GEM PMI Modeller live demo with an example organisation – Andrew Elliott, Senior Health and Risk Consultant, Barnett Waddingham.
• Live Q&A

About GEM PMI Modeller:

GEM PMI Modeller converts the PMI information you already receive (claims, membership, benefit design and renewal details) into clear projections and explainable scenarios, helping HR, Reward and Finance make confident decisions, and giving us stronger evidence for insurer discussions on your behalf. Find out more on our Private Medical Insurance service page.

Can’t make the live webinar? Register anyway to receive the recording direct to your inbox.