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Hot Topics
- 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.
- How Does ‘excess' Work In Medical Insurance?
- When you take out a private medical insurance policy, you may be able to choose to include an ‘excess' payment. This means that if you make a claim you will have to pay this set amount towards the total cost of the claim.
- What Is a ‘moratorium' Cover?
- Moratorium cover means to take a private medical insurance policy without providing any medical history.
- Is Private Medical Insurance Regulated?
- Yes. The Financial Services Authority (FSA) now regulates the sale of Private Medical Insurance.
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.
Here are some examples of general comparisons, provided by the Association of British Insurers.
- If you are aged 45 you will pay 25% more than if you were 35
- If you are 65 your policy will cost double the amount than if you were aged 45
Exact figures vary according to the insurer, but these figures give you a general idea. To see what your policy will be in 5 or 10 years time, you can ask your insurer to provide a quotation.
You may find if you are aged 65 or over you won't be able to get a medical insurance policy. However some insurance companies stretch to the age of 75 years for new policy-holders.
- What details do i need to give to prove my health ?
- How is private medical insurance regulated ?
- How do i buy private medical insurance ?
- What does the term inpatient mean ?
- How do i make a claim ?
- What is medical history declaration cover ?
- What is moratorium cover ?
- I have a pre-exisitng medical condition, does it affect my insurance ?
- What does the term day patient mean ?
- Where would i get treatment ?
- What do i do if i have a complaint ?
- Can i choose the hospital for treatment ?
- What is covered by private medical insurance ?