New publication from think tank places mutual model in front seat for economic recovery
14th March 2013
A publication released by the think tank Respublica has highlighted the major role that the mutual model could play in addressing ‘the deep-seated deficit and underlying problems of British competitiveness.’
‘Making it Mutual: The ownership revolution that Britain needs’ calls for a new economic model that extends ownership to all.
In its launch, Respublica describes how, ‘in the wake of the long-term squeeze on wages and income, a mutual business model is needed that delivers growth that benefits everyone.’
Lawrence Christensen, Marketing Director at benenden health said: ‘We have been practicing a high quality, affordable mutual model of healthcare provision since its foundation in 1905. The model now caters for a membership of over 900,000 people across the UK.
‘We’re pleased to see an important think tank such as Respublica highlighting exactly how organisations such as benenden health can help improve consumer confidence during the current economic climate. This can come through a mutual ethos and active promotion of trust between provider and consumer through a sense of ownership.
‘There are many different models within the mutual sector and we shouldn’t just think about employee ownership. At benenden health we have a branch system where members can belong to a local or employer-based branch – from which, delegates are elected to represent the branch at an annual conference. This gives members the chance to influence the direction of our organisation at a grassroots level and builds their sense of ownership.’