Hot Topics

How Do I Buy Private Medical Insurance?: You can buy private medical insurance from a variety of sources, there are now at least thirty four Insurance companies and many more brokers who specialise in Private Medical Insurance.
What Does The Term ‘day-patient' Mean?: This is the term that most private medical insurance policies use for hospital treatment that does not require an overnight stay, but does require a visit to the hospital, and a period of medical supervised recovery.
Will My Premiums Increase As I Get Older?: Your private medical insurance premiums will increase with age because you are more likely to make a claim for medical treatment.
Does It Make Any Difference if I Buy My Private Medical Insurance Through a Broker?: The Association of British Insurers (ABI) claims that in 75% of cases a broker will be able to secure a cheaper deal than buying direct from the insurance companies.
Is Private Medical Insurance Regulated?: Yes. The Financial Services Authority (FSA) now regulates the sale of Private Medical Insurance.

What Happens If I Want To Move To Another Insurer?

If you have a current private medical insurance plan but wish to change to another insurer then it is possible to ensure that you receive a plan on "no worse terms." This is known in the trade as a CPME plan.

This simply means that the underwriting company of the new plan will offer you cover on the same terms as the previous plan, and a good professional adviser specialising in this area should be able to help. This also means if you have had claims or exclusions from cover, these too will be carried forward or considered by the new insurer.

This CPME transfer method means that you have continuity of cover if you are presently undergoing treatment, or if you have had treatment in the recent past and are concerned that the condition may reoccur.

Incidentally, you may like to know that (See what exactly is PMI ?)