Health care insurance
Private health care insurance
What is health care insurance?
Health care insurance or private medical insurance as it is commonly known as, covers the cost of private health care treatment. Depending on the type of healthcare insurance you have, the cost of treating an illness or injury privately will either be completely or partially covered by your plan. Choosing to receive private medical treatment without a health care plan in place, can often prove to be extremely expensive.
Public vs private health care
Although we are extremely fortunate to have access to free healthcare in the UK, private health insurance has many benefits. As there are no long waiting lists, you can bypass the queues and be seen within a matter of days. You will also be able to access a wider range of treatments and have your own room, if you need to go to the hospital.
What is pre-existing condition in health insurance?
Pre-existing conditions are illnesses or injuries that require long-term medical treatment. As most health insurance providers will not automatically include these in your cover, you usually have to pay extra for them to do so.
How much does health insurance cost?
The best health care plans will provide cover for a wide range of illnesses and injuries. But they are sadly not always affordable. Because of this, the most cost-effective plans will therefore generally only cover you for brief illnesses or injuries.
If you are considering private health care insurance, it is therefore vital to ensure that your plan gives you the protection that you want. Critical illnesses like cancer, will likely increase the cost of your cover. But with the many benefits that health insurance provides, it could be worthwhile.