Can you switch private medical insurance?

The NHS waiting lists are a huge worry for many and we understand how important it is to keep your cover and make sure you are adequately protected. If you are a private medical insurance policy holder, you may be asking some of these questions:

My private medical insurance renewal is too expensive now – do I have any options, as I really want to keep my cover?I have claimed on my private medical policy before, so I am unsure what my options are?I have always been insured on my work scheme – now what do I do as it’s coming to an end?

The great news is that we can help in all of the above scenarios, so don’t worry! It is important to take advice to make sure you are adequately covered for your needs.

My private medical insurance renewal is too expensive now – do I have any options, as I really want to keep my cover?

Medical insurance, unfortunately, goes up every year for several reasons.

As we get older the risk of health problems increases and so must our insurance cost due to medical inflation (cost of drugs, doctors, hospitals, treatment).

But, did you know, you can switch to another provider or make changes to your policy to save money?

We can talk you through the various options with regards to cover and insurers.On average A-Plan clients save 23%, or about £587.45 per year. These figures are based on a review of 100 clients that switched in August 2021, to a comparable or better policy.

I have claimed on my private medical policy before, so I am unsure what my options are?

When switching insurers, it is important that you tell us about any recent claims. This allows us to assess your options as all insurers have different joining criteria.  Regardless of the claim you have made we still may be able to help.

Your options will be dependent on the claim and its complexity and when it was. But don’t worry – we are experts in this field and will do all the hard work in the background, and make sure any change in policy is right for you and your needs. 

I have always been on my work scheme – now what do I do as it’s coming to an end?

Many work schemes are underwritten on a ‘medical history disregard’ (MHD) meaning that you will have been covered for everything even if it was considered a pre-existing condition. This is incredibly valuable and obviously something important to retain going forward.

Individual circumstances will always be considered but we can help by looking at your current insurer and continuing that cover, or switch you to another provider.

It’s a complex process and always one to do with advice but the important thing to remember is that you have options, and they ought to be explored.

Hopefully, we helped with some of your health insurance questions and as always if you need support, please contact your local branch who will be happy to help you directly.