How much does private medical insurance cost?

I am new to being self employed and am looking to replace a number of employee benefits I received through my old employer, private health insurance being one of them. What is the cost of a good private health insurance plan for an individual?

Question asked by Tim Stillings
Compare Top 10 UK
 Health
Insurers
 
Takes approx. 60 seconds
Level of Cover
Excess
Date of Birth
Loading your options...
Thank you for using our Quote Tool
If you need some help, just call us!
T: 02074425880
Our in-house Experts are here to provide FREE impartial advice!
Our Experts can answer all your questions
Our Experts can send you more appropriate options based on your personal circumstances

Very important if you are either Self-Employed or a Company Director.

Our online quote tool is good but our Experts are better

Oue Experts have access to far more insurers and can often find a better deal offline.

Saves you time, let our Experts do what they are best at

Answered by Tom Conner

Good question Tim, unfortunately there is no straightforward answer. There are a whole host of different insurers and products on the market which can vary wildly in terms of cover provided, quality and premium.

How comprehensive do you want the cover to be?

It is important to understand where the importance lies in terms of the cover provided, questions such as ‘Do you wish to receive treatment privately for more serious conditions only or do you require cover for diagnostic tests, consultations and scans so you can ensure quick diagnosis?’

As you can imagine the premiums can vary considerably depending on a number of factors including your own personal demographics, level of cover you require and also on the insurers themselves.

Comparing insurers is very important

Insurers all underwrite and price their products in a different manner so one insurer may provide more competitive terms for a 40 year old smoker while another insurer might provide better terms for someone in their late twenties, this is partly why it is so important to shop around and get options from a range of insurers.

Understanding your options…

Putting the things you can’t affect to one side such as your age, postcode and the insurers underwriting we are left with the medical insurance cover itself. Like with most things in life it is a case of you get what you pay for, plans can range from a very basic option which will only provide cover for treatment where a stay in hospital is required while others have all the trimmings and would provide you with cover for private treatment in a whole host of other situations.

With health insurance it is important to build up a picture of the options available, get an understanding of the extent of cover provided, any nuances that inevitably exist from insurer to insurer and most importantly set a budget.

Once you have both a good understanding of what type of health insurance plans are available and you a budget you are in a position to align the two and select a product which is firstly in budget and secondly meets your requirements.

Need help? Get a quote..

If you want to compare the cost of the leading health insurers for yourself you can click here for an online quote. Else if you would rather talk to one of our health insurance experts please don’t hesitate to call us on 02084327333.

cost
 
private health insurance
 
This information does not constitute financial or other professional advice. You should consult your professional adviser or contact us directly on 02084327333 should you require financial advice. It is important to ensure any insurance policy you take out is suitable for your needs.
Compare Top 10 UK Insurers
  Takes approx. 60 seconds
 - 
Need help? 
Call us on 

Frequently Asked Private Medical Insurance Questions

 
I am new to being self employed and am looking to replace a number of employee benefits I received through...
 
My private medical insurance policy has come up for renewal and my premiums have increased. Am I able...
 
I consider myself reasonably competent online and wanted to know why I should use a medical insurance...
 
I am considering taking out a health insurance policy and wanted to know whether it would cover emergencies...
Need Help? Live chat now and get an instant answer from our Experts...

Neil
Pensions

Victoria
Insurance
Our Latest Reviews
Matthew Draper
11/07/2018

Excellent service at convenient times of the day specified by me. All product options were clearly outlined and I am very pleased.

Paul Devine
10/07/2018

First class service. Helped me through the process from start to finish. Egle and Francis were very professional and talked me though all my options. Once the policies were set up, the after care after was also first class. Highly recommend. 5 stars all day long.

Josip Marjanovich
03/07/2018

Victoria was very helpful about selection of suitable insurance. She always answered all questions in a timely manner.

We are rated 4.9/5 based on 1512 independent client reviews.
To read more of our independent client reviews click here →
REVIEWS
EXCELLENT
4.92 / 5 Average
1701 Reviews
M Nasim - Telappliant Ltd
Overall Rating
Great job - understanding and accommodating a busy schedule. Supportive without being intrusive.
B Flanagan
Overall Rating
I have been extremely pleased with my service from mike barrow. He’s worked very hard to find the right policies for me and I am extremely happy with what I’ve ended up with. He listened and understood all my requirements, always contacted me on time when he said he would and was friendly polite and easy to talk to. I wouldn’t hesitate to recommend. Thanks again
A Paul
Overall Rating
Mike, the insurance consultant from Drewberry was meticulous and knowledgeable with his advice. I purchased life insurance and Income Protection using his advise. He was very patient with my initial queries as I was trying to weigh multiple options. I would highly recommend Drewberry to my friends and anyone who wants to get a good insurance suited to his needs.
P Devine
Overall Rating
First class service from start to finish. Egle and Francis helped me through the process hassle free. Customer service, and advice also first class. Highly recommend. Such a friendly service. Five stars all day long.
B Lister
Overall Rating
Jake was very patient & very helpful...highly recommended company 😀