Celebrating a significant milestone of reaching 500,000 policyholders, Liverpool-based health insurer Medicash unveils a philanthropic endeavor to support the NHS.
With its roots tracing back to the charitable hospitals of Liverpool in 1871, Medicash has evolved over its remarkable 152-year journey to become the UK’s oldest and largest provider of corporate health cash plans. The company’s recent announcement of achieving half a million policyholders signifies a period of rapid and substantial growth in recent years.
Experiencing its fastest year of expansion on record in 2022, with a new policy sold approximately every two minutes, Medicash has more than doubled its customer base in under five years. This remarkable growth has garnered national recognition, with the Liverpool-based provider receiving prestigious accolades such as National Insurer of the Year and Best UK Healthcare Plan Provider in the early months of 2023.
In honour of this momentous milestone, Medicash’s charitable arm, the Medicash Foundation, embarks on an ambitious £2.1 million initiative to support NHS hospitals and facilities across the North West over the next four years.
The inaugural beneficiary of Medicash’s charitable initiative is the newly established Clatterbridge Cancer Centre in Liverpool. Erected in 2020 within the city’s unofficial Knowledge Quarter, the centre offers cutting-edge cancer treatment to patients in Merseyside and Cheshire. As part of Medicash’s four-year project, the Foundation has partnered with the Clatterbridge Cancer Charity to fund a Trainee Research Advanced Nurse Practitioner (ANP) position. The appointed individual will contribute to the centre’s groundbreaking clinical trials and research, playing a crucial role in delivering revolutionary cancer treatments to advance the fight against this disease.
Sue Weir, Chief Executive of Medicash and Medicash Foundation Trustee, expresses, “The remarkable growth experienced by Medicash in recent years is a direct reflection of society’s increasing emphasis on good health and well-being. Our mission is to provide easy and affordable access to healthcare for as many people as possible, and I am proud that this philosophy has enabled us to achieve this incredible milestone. The same ethos underpins this project, and I am thrilled to have the support of our policyholders and the wider community in funding vital services within our NHS.”
Emma Whitby, Head of Research Nursing at The Clatterbridge Cancer Centre, comments, “As research nurses, our role revolves around delivering holistic care to our patients—adapting to their needs while providing state-of-the-art treatment. The funding provided by Medicash for our new Trainee Research ANP equips our team with enhanced skills, enabling highly qualified healthcare professionals to expedite the treatment process and facilitate patients’ speedy recovery. This donation is invaluable in enhancing our patients’ experience, and we are truly excited about the opportunities it presents for our entire team.”
By commencing their funding initiative in their hometown of Liverpool, Medicash pays tribute to the company’s historical legacy. In 2017, Medicash was bestowed with the Freedom of the City of Liverpool, recognising its enduring contributions to healthcare and commitment to charitable endeavors since 1871.
“This newly established position at the Clatterbridge Cancer Centre is just the beginning of our project,” affirms Sue Weir. “In the upcoming months, we eagerly anticipate collaborating with more hospitals across the North West to fund additional positions, and I am thrilled to witness the remarkable impact they will have both locally and beyond their immediate communities.”
