What is Private Medical Insurance?

The National Health Service (NHS) does a great job offering a range of free services to patients, however waiting lists can be long and facilities under-resourced. In an ageing population, and the current economic climate, many more people are taking out Private Medical Insurance to increase their medical choices, protecting what is important – their health and their livelihoods.

If illness strikes, the sooner you can get back to good health the more quickly you will be able to resume earning your salary and caring for your family. If you are retired, you can get back to enjoying the full the retirement you have earned. There are a number of different products on the market from familiar household names including AXA Health, Aviva, Bupa and WPA. These all provide different levels of cover and a huge range of options to suit different budgets.

What Does Private Medical Insurance Cover?

The NHS does a great job, but sometimes you may not get your treatment as quickly as you’d like. Private Medical Insurance gives you and your family prompt access to private medical treatment at a time and a hospital that is convenient to you. It is important to remember that Private Medical Insurance is designed to cover treatment for acute, curable conditions so it doesn’t normally cover long term treatment or chronic conditions where the purpose of that treatment is just to keep the symptoms under control.

With Private Medical Insurance you can expect a speedy diagnosis. You will not wait weeks for consultations or test results, and you’ll have the time you need to ask questions. If you require an operation, the Private Medical Insurance will normally pay for your specialists (your surgeon’s and anaesthetist’s) fees in full or in part, depending on the cover you have chosen. Often, you will benefit fully from advances in medical technology and the policy can also pay for new approved drugs or treatment. With 1 in 2 of us being diagnosed with a form of cancer in our lifetimes, providers have focused on providing support for individuals and families, and would normally cover the costs of radiotherapy, chemotherapy and oncologist’s fees.

A number of providers now have a modular approach to healthcare offering core benefits to which you can then add such things as dental and optical cover, therapies, cash benefit and travel cover to suit your personal requirements and budget.

Can I Change My Current Provider?

There can be a number of reasons for doing this; you may not be happy with the service level provided, or you may want to reduce costs. We can look at the cover you already have in place and then go to the market to either find out what other providers will cost for similar levels of cover, or look at different solutions to your needs and budget.

If you want to consider taking out Private Medical Insurance, or you need to review and understand your existing arrangements to ensure you are getting value for money, please contact Steven Clemence on 01822 855555 or request a call back.

Read our other posts

Congratulations to our March Star Winners for March

Congratulations to our March Star Winners for March

The March Star Award acknowledges and recognises staff for their hard work and those who go above and beyond to help out their colleagues, Line Managers and clients! They are nominated by staff for staff! Congratulations go to Alex Stobbie, Trainee Underwriting/Broking Technician, Broking Department, Head Office Alex joined THM in November 2019 with previous […]

April birthstone: diamond

April birthstone: diamond

Diamonds epitomise luxury and elegance. One of nature’s hardest known substances, diamond symbolises health, long life and eternal love. No wonder it is the stone of choice for most engagement rings. The diamond is the traditional birthstone for April. It holds special significance for those born in that month, thought to provide the wearer with […]

Congratulations to our March Star Winners for February

Congratulations to our March Star Winners for February

The March Star Award acknowledges and recognises staff for their hard work and those who go above and beyond to help out their colleagues, Line Managers and clients! They are nominated by staff for staff! Congratulations go to Jade McDermott, Claims Handler, National Service Centre Jade joined THM in September 2015 as an Apprentice in […]

National Apprenticeship Week: Chloe’s Story

National Apprenticeship Week: Chloe’s Story

There are hundreds of different apprenticeships to choose from. Whether you’re at the start of your career, want to change career direction, or if you’re returning to work after a break. We finish up National Apprenticeship Week 2021 with Chloe’s story… Who or what inspired you to become an apprentice? Being a mother aged 22 […]

National Apprenticeship Week: Georgia’s Story

National Apprenticeship Week: Georgia’s Story

Different apprenticeships are available right across the United Kingdom, within companies large and small, in a wide range of industries and organisations. You get valuable hands-on experience working while you learn, which helps you progress in your working life. Georgia explains some of her personal experiences and thoughts for National Apprenticeship Week 2021. Who or […]