Hot Topics
- What does the term ‘out-patient' mean?
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This is the term that most private medical insurance policies use for treatment given at a hospital which does not require an overnight stay, or any recovery time.
- Where Would I Get Treatment?
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There are a number of private hospitals in the UK – in your area there will probably be at least two hospitals at a convenient distance, depending on whether you live near a town or city.
- What Details Will I Need To Provide To Prove My Health?
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When you sign up for a private medical insurance policy, there are a variety of ways in which your insurer may ask you to prove your health. We have detailed them below:
- What Is a ‘moratorium' Cover?
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Moratorium cover means to take a private medical insurance policy without providing any medical history.
- How Do I Make a Claim?
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When you receive your insurance documents, you will receive a full client information pack with Insurance Certificate, Claims Forms and Help line Card, with a range of contact numbers.
What Will Affect My Premium In Future?
Premiums are rising over time, and will continue to rise. There are a number of reasons for this, as detailed below.
- New treatments are always becoming available involving new drugs and technology, costing the medical industry and more and therefore affecting your premiums.
- Premiums rise on an annual basis in line with Medical Inflation.
- Government legislation affects premiums particularly if tax incentives to medical insurance plans are either allowed or excluded.
- As you get older your premiums will increase because you are more likely to make a claim.
To lower your premiums you can agree to a Voluntary Excess, and it will also cost less if you pay annually rather than monthly.
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