What benefits does the UK people get from EU membership?

Whilst the definition of benefit is a subjective issue, there are a number of items UK (and EU) consumers receive as part of their membership of the EU.

These items will continue in full whilst the UK remains a member of the EU.

Whilst not an exhaustive list, benefits will include:

  • European Health Insurance Cards (EHICs) – (Directive 2011/24/EU) gives EU citizens free or discounted medical care
  • The Mortgage Credit Directive – (Directive 2014/17/EU) this places regulation on the mortgage industry to protect consumers taking out credit agreements relating to residential property
  • Flight delays – (Regulation (EC) No 261/2004)“If you’re delayed for more than three hours on an EU-regulated flight, where it’s the airline’s fault, EU regulation 261/2004 allows you to get fixed compensation of at least €250 per person”
  • The Workers Time Directive – (Directive 2003/88/EC) provides a set of rights to EU workers to protect their health and safety
  • Mobile phone roaming fees – (Directive 2015/2120/EC) The “EU is set to ban roaming fees within the EU from June 2017”

As no member state has left the EU before, it is unclear what, if any, benefits will be available to the UK post Article 50. These would be subject to Article 50 exit negotiations.

Source: http://www.moneysavingexpert.com

 

Leave a comment