How does Senior Health Cover work?
The process depends on whether outpatient cover has been selected as well as the treatment required.
No Outpatient Cover
With Outpatient Cover
If you choose a plan without outpatient cover you will need to wait for NHS diagnostic testing and initial consultations before recieving private treatment.
Very helpful, advice was clear and there was not pressure at any stage to commit to purchasing a policy. Also the advice was tailored to my budget.
Linda AshfordWhat is senior health insurance?
Even if you are in good health you never know what might happen in the future. Senior health insurance provides you with peace of mind that you will get the best possible treatment should you need it. Private medical insurance plans are available to suit different budgets. Low cost plans include inpatient treatment and more comprehensive plans include outpatient treatment.
Factors which affect the policy
When considering senior health insurance it is important to recognise that there are a number of personal factors which will affect the price of your health insurance quotes.
As you can probably guess, given a policy is essentially protecting our health the plans our priced on this basis.
Age
Premiums are annually renewable and increase with age. Some insurers which offer specialist Over 50s Private Medical Insurance exclude certain conditions related to aging. It is always best to speak to a qualified adviser to find out what is covered and what is not.
Lifestyle and Exercise
some of the top insurers reward a healthy lifestyle with discounted premiums.
Do you need international cover?
Worldwide health cover
For those choosing to live overseas after retirement healthcare can be a particular concern. If you are are living overseas for all or part of the year you will need to choose an international medical insurance policy.
This will cover you for consultations and treatment where you are residing. This is often essential as many countries do not have a public health system. International policies can be tailored to suit the country you are living in.
Key policy options
Outpatient Treatment
The single biggest influencer on your health cover premiums is the level of outpatient cover. This includes diagnostic tests and specialist consultations.
The greater the level of outpatient cover you require the higher your premiums.
Excess
The excess is the amount that you pay towards your claim. Excesses can range from as little as £50 up to £1,000. The higher the excess the lower your monthly premiums. For a £100 excess you can expect a 5% discount on your premiums.
Alternative medicines
Your GP may refer you to an osteopath, acupuncturist, physiotherapist or a chiropractor for additional treatment. This treatment would be covered on your medical plan.
Hospital List
You can reduce your premiums by ensuring you are not paying for hospitals you will never use. London Hospitals tend to be more expensive so insurers often offer an option to remove London Hospitals from your list if not appropriate.
Need some advice?
If you are looking for senior health cover and would like more information, some advice or health insurance quotes comparing the leading UK insurers then please do not hesitate to get in touch. We are here to help, our aim is simply to make personal insurance simple and affordable.
Give us a call on 0208 432 7333 or get an instant online health insurance quote here.
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