Private Health Insurance provides you with access to fast, high-quality medical treatment in private facilities when you need it the most.
Any comparison of Private Medical Insurance is tricky. As you are not always comparing apples with apples you can’t just compare policies based on price. You also need to look at the cover you’re being offered for the amount you pay each month.
Each provider will offer a different level of cover as standard. You’ll also find a different array of optional extras you can add to your policy to increase the breadth of your coverage.
Some insurers even offer policies with different ‘tiers’ or ‘levels’ of cover (e.g. basic, mid-range and comprehensive packages).
Calculating the cost of Private Medical Insurance depends on a number of factors, including:
While you can’t control the above factors, what is in your control are the options you choose to include in your Medical Insurance policy. For instance, you can adjust:
When it comes to working out how much Private Health Insurance will cost, there are so many different options to factor into the calculation there is no one size fits all.
To work out the average cost of Health Insurance, we’ve researched all the major providers in the UK market in mid-December 2018 and assumed:
With these assumptions we have calculated pricing of a Mid-Range Health Insurance policy for different age groups as well as for individuals, couples and families.
Aviva is the largest insurer in the UK. Aviva’s PMI offering is their Healthier Solutions product, which you can tailor to your own budget.
Based in Tunbridge Wells, AXA PPP Healthcare has helped people to access healthcare services since 1940.
Established over 60 years ago, Bupa is a UK household name. Bupa Health Insurance has two tiers of over: Comprehensive (full inpatient and outpatient care) and Treatment & Care (inpatient-only). Both options include mental health cover as standard.
Founded in 1927, Exeter Family Friendly is a mutual Friendly Society with over 60,000 members. The Exeter’s Health Insurance policy is known as The Exeter Health+, which includes mental health cover as standard.
Vitality (formerly PruHealth) launched in October 2004 as a joint venture between Prudential and South African health insurance provider Discovery. Vitality has an innovative approach to health insurance in their Vitality plan, rewarding you with points and reduced premiums for healthy living.
When it comes to something as important as your health, you want to be certain that you’re getting the best policy for your needs.
Health Insurance can be complicated because there are so many different factors to consider, so why not make use of an expert adviser?
We started Drewberry because we were tired of being treated like a number and not getting the service we all deserve when it comes to things as important as protecting our health and our finances. Below are just a few reasons why it makes sense to talk to us.
We are here to offer impartial and, most importantly, fee-free Health Insurance advice.
If you want to talk through your options to make sure you are looking at the most suitable cover then don’t hesitate to pop us a call on 02084327333.
Head of Employee Benefits at Drewberry
Oliver did a great job setting me up with Income Protection. I would highly recommend using his service and will use again.