UK Health Insurance Articles Accident Sickness and Unemployment cover from UK Insurance Net
search advanced search

Home >> Health Insurance Articles


Six myths about private medical insurance

Article by Simon Christopher
Article added: 29/10/2010 - Last updated: -
Rating: 0.00 (0 votes)


1. Pre-existing conditions aren't covered

This may be true in the United States, where health insurance is more widespread, but is often not the case in the UK.

Many policies run a moratorium system, by which any condition you've suffered in the past is not covered at the start of the policy, but is covered once you've had the policy for two years without suffering the condition. If you only suffered the condition five or more years before taking out the policy and were then declared "cured" by a doctor, you may be covered immediately when the policy starts.

2. Every condition is covered

In most cases chronic conditions aren't covered. These are conditions that are considered incurable. Generally they last for a long time, if not permanently, and treatment is to reduce symptoms rather than remove a disease. Examples include asthma and HIV.

3. I'll have to give a full medical history

Some insurers use a medical history declaration. Under this system you do have to fill in a form answering all questions honestly, and the insurer may ask your doctor for more details. With this system, the insurer tells you from the start of the policy which pre-existing conditions are covered.

Under the moratorium system, described above, you don't have to give medical details. The insurer will then treat each condition on a case by case basis. It's important to note that any conditions that developed in the five years before the policy started but you couldn't reasonably have been expected to know about will be covered.

4. If I switch providers, the pre-existing exclusions period starts over

This usually isn't the case. Most insurers use a system known as Continued Personal Medical Exclusion, by which a customer can transfer to a new insurer and carry over their cover status for pre-existing conditions.

5. I'm stuck with the insurer's choice of hospital for treatment

This depends entirely on the insurer and the plan offered. Some insurers insist you use a particular private hospital, or network of hospitals, while others offer more flexibility.

6. Permanent Health Insurance is simply medical insurance that lasts forever

In fact permanent health insurance does not relate to the costs of medical treatment at all. Its an insurance against loss of income due to a serious injury or illness. The precise terms vary, but usually there'll be a set period of illness before payouts start, and then the covered person will get between 50% and 70% of their usual salary. This continues until the person is fit enough to work again, but the policy usually ceases on the 65th birthday. The policy is valid for as long as the customer makes payments, but there is usually a minimum term of five years.



PLEASE NOTE: The guidance published in this article is for information only and does not constitute financial advice or a recommendation of any particular product or company. If you are in any doubt please consult an independent insurance adviser. A database of advisers in your area is available at www.unbiased.co.uk

Copyright UK Insurance Index http://www.uk-insurance-index.co.uk. All rights reserved.


comments about this health insurance article

Comments About this Article:

 Add a Comment


share this health insurance article

Share this Article:



rate this health insurance article

Rate this Article:


Please rate this article between 0 and 5
with 5 being top.
All ratings received for this article.

all categories ALL CATEGORIES
A-Z Categories

popular categories POPULAR CATEGORIES
Car Insurance
Home Insurance
Life Cover
Mobile Phone Cover
Pet Insurance
Travel Insurance

directory categories DIRECTORY CATEGORIES
Business
Event
Health
Home & Property
Insurance Brokers
Life & Protection
Marine
Motor
Non UK Insurers
Pet & Animal
Personal Possessions
Specialist Cover
Sport
Travel

review categories REVIEW CATEGORIES
Business
Car & Motor
Health
Home
Insurance Companies
Life Cover
Motorcycle
Pet & Animal
Possessions
Sport
Travel

article categories ARTICLE CATEGORIES
Business
Car & Motor
General
Health
Home & Property
Insurance Awards
Insurance Guides
Life Cover
Pet & Animal
Travel

news categories NEWS CATEGORIES
Business News
Car and Motor News
General News
Health News
Home & Property News
Life Cover News
Pet and Animal News
Travel News

FEATURED SITES
ActiveQuote PMI Comparison
ActiveQuote
ActiveQuote is the UKs only online price comparison tool which allows you to compare up to 75 healthcare policies from all the leading insurers including BUPA, Aviva and PruHealth.

Help U Cover Mortgage Payment Insurance
Pinnacle Help U Cover
Helpucover offers competitive MPPI cover and income protection. Pinnacle was awarded Mortgage Payment Protection provider of the year for 2003, 2004, 2005 and 2006 at Mortgage Magazine awards.

latest listings LATEST LISTINGS
Health Insurance Compare
Dencover dental insurance
ActiveQuote Health Insurance - Compare All Leading UK Insurers
Sovereign Health Care
Boots Health Insurance

latest reviews LATEST REVIEWS
AXA PPP Private Health Insurance
Active Quote Health Insurance
ActiveQuote Health Insurance
C S Healthcare (Via Activequote) Medical Insurance
Paymentshield Payment Protection (disability and unemployment)

latest articles LATEST ARTICLES
Important reasons to shop around for health insurance
Six myths about private medical insurance
What is Income Protection Insurance?
What is Critical Illness Insurance?
How Much Does Private Medical Insurance Cost?



Home | Privacy & Cookies | Terms of Use | Contact | Submit Site | Advertisers

Page protected, do not copy

This website uses cookies to ensure a reliable browsing experience. If you continue to use this website you are consenting to us using cookies in this way. To find out what cookies are, which ones we use and why we use them please click here.

Copyright © 2017 UK Insurance Index. All rights reserved.
All directory listings, articles and reviews are provided as information only and do not constitute advice or a recommendation of any product or provider. If you use these insurers, we take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy of these third-party web sites or companies. If you have any doubts you should consult an authorised independent financial adviser for advice based upon your individual needs and circumstances. A database of advisers in your area is available at www.unbiased.co.uk.