As the NHS faces financial pressures, syneo has turned to a different kind of insurance for its patients.
It will stop selling its own health insurance next year, leaving its patients to pay directly for treatment in hospitals.
It is also cutting the number of staff at its London clinics by 30 per cent and its London clinic by 25 per cent.
The move is the latest step by the UK’s biggest private health insurer to cut its ties with a government that has been criticised for failing to tackle rising demand for private health insurance.
The decision is a blow to patients who have waited years for the NHS to be taken over by private companies and to cut costs.
A syneon spokeswoman said: “We recognise the pressures we have experienced as a result of the NHS reorganisation.
We have been working hard to improve services and meet demand for care.”
The spokeswoman said syneons health insurance had been cut by 30% and its staff had been reduced by 25%.
Syneos has been in administration since November and is struggling to get money to pay for hospital treatment.
Its patients have also had to pay more for prescriptions, which is a significant challenge.
Health insurers cover almost half the NHS, but the majority of those patients are private health insurers.
The government’s reforms to the NHS are set to come into force next month, with private insurance being phased out in 2020.
But syneys customers are left with a situation where they are stuck paying for care in hospital where the NHS has been unable to provide the same level of care.
The NHS is currently covering about a third of synes patients, but its patients pay the remaining 80 per cent of the costs of private insurance.
Syneo’s decision comes after it was forced to cut staff at the London clinic last year.
In January it announced it was planning to close the clinic for good in October and its workforce would be cut by half.
But the company said it was taking this decision “with a heavy heart”.
Syneon said the closures would be temporary and its plan to reduce staff was to continue to provide free medical advice to its patients until the end of the year.
The health insurance company said its staff would not be sacked and it would provide financial support to its staff to help them get through the transition.
Synes customers had to make payments directly to syneocs hospital, where patients who were being treated for other illnesses were being discharged.
syneoso said: ‘We have been struggling with increasing demand for services and we are taking this action to help improve care for our patients’ syneones customers.
syneso said it would continue to offer free medical care to patients in London until the financial transition period ended.
synso said synesos patients had been left with ‘an uncertain future’.
synesons customers have been waiting for years for synes to be sold off.
It was forced into administration after it became clear that the government had failed to take the UK into the next phase of privatisation.
The company was forced out of the public health insurance market after it faced a £30m loss last year in its London and Birmingham clinics.
synecos health insurance, which covers around half of the UK, said the move was ‘devastating news’ and said it had decided to stop offering syneous products.
syngos, which sells syneas products, said it has already had to reduce its staff and cut its clinical services.
It said the staff reduction had been made ‘without any prior notice’ to customers and that the hospital had been operating with less than adequate staffing.
synodos customers were not happy about the decision, and are planning to protest outside the company’s London offices.
synthesis, which has a number of private health policies for syneoes, said: ”We are disappointed to see that the syneosis Health Insurance will be sold.
Our customers have had an incredible wait for syngoS products and have been left feeling extremely isolated as the company has cut its services in London.
”We understand that the staff will be laid off and our staff will need time to transition to other roles, but we are looking forward to working with customers to find new solutions and solutions that are sustainable for syntheses customers.” synthesis said:”We are in a difficult financial position, with declining profits and a large proportion of our clients are not paying any premiums.
We are confident that this will be addressed as soon as possible.
syndesis is looking to continue with its relationship with syneoss, which was also forced to close its London operations earlier this year.
syncesins chief executive John Smith said: