Is private health insurance worth it uk

Voluntary health insurance makes it possible to receive on time not only qualified medical aid, but also compensation for the money spent on treatment and purchase of medicines. At any time, the client’s health problems will be resolved, regardless of his current financial state. The amount of standard insurance coverage depends on the chosen program. Is private health insurance worth it uk?

Benefits of health insurance

Any person can obtain such insurance for one year. This policy allows you to quickly get quality modern services in any medical institution, regardless of ownership, at a convenient time. In addition, there are other benefits of insurance:

• The cost of the policy in any case will be lower than the examination and treatment in a private clinic when the disease occurs. This is due to the fact that insurance companies tend to have discounts on the provision of medical services;
• Individual approach. It is possible to select each client the appropriate insurance option, depending on the needs of the individual;
• The client can choose the medical institutions where he would like to undergo a course of treatment in case of an insured event.

Availability of voluntary health insurance policy is a guarantee that in a critical condition the patient will not waste time and effort to search for an adequate specialist.  

Health insurance – what is included?

Such a policy will allow you to receive the following medical care:

• Inpatient treatment. This includes payment for various consultations, therapeutic and surgical care, and obtaining some medications;
• Outpatient care. Payment for consultations, different kinds of diagnostics, doctor’s house calls, drawing up sick leaves, etc;
• Search, payment and delivery of medicines;
• Emergency medical care – calling an ambulance, providing medicines, if necessary, transportation to the hospital, reanimobile services;
• Dentistry. The extended packages include this type of service as well.

However, the list of insured events will not include diseases whose treatment is financed by the state.

The price of the insurance policy

The final cost of the insurance contract is influenced by the following factors:

• the age, sex of the insured, his state of health, the presence of chronic diseases;
• amount of insurance limit, volume of the planned medical care;
• list of possible risks;
• the insurance region;
• status of the clinics that will provide treatment.

Besides, as practice shows, individual insurance programs will cost 20% more than corporate ones.

How to use medical insurance

If there are any signs of illness, you should immediately contact the insurance company and inform them about the disease. The consultant will suggest a partner institution and coordinate with the client the time of doctor’s appointment. If the doctor prescribes medication, you will need to keep the receipts for subsequent reimbursement.