Hot Topics

What Exactly Is Private Medical Insurance (PMI)?
Private Medical Insurance (or Private Health Insurance as it is sometimes known) insures you against the costs of private medical treatment for curable short-term or ‘acute' medical conditions.
What Are The Different Levels Of Cover Available To Me?
Different insurance companies word their types of cover in different ways, however here we should be able to give you a good idea of the basics.
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.
Can I Choose The Hospital For Treatment?
When you first sign up for your policy you will choose the hospital that you wish to be treated at. It's up to you to make sure that the hospital has a good reputation, is at a convenient distance, and offers good all-round services.
Is Private Medical Insurance Regulated?
Yes. The Financial Services Authority (FSA) now regulates the sale of Private Medical Insurance.

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.