What is Private Medical Insurance?
Private Medical Insurance (PMI) provides healthcare on your own terms. This means you can choose when and where you get treated, and who treats you. PMI is an annually renewable policy, giving you the flexibility and control over your healthcare decisions.
- Skip long GP and hospital queues to receive quicker treatment
- Benefit from private rooms and premium healthcare provided by top UK consultants.
The Difference Between PMI and the NHS
The NHS offers comprehensive healthcare services, but it often involves longer waiting times and limited choices. With PMI, you avoid these delays and restrictions. You can access treatments not readily available on the NHS, ensuring quicker and more personalised healthcare.
~ Liam, Cover Direct
How Does PMI Work in the UK?
PMI in the UK is straightforward: you choose a policy that fits your needs, pay monthly or annual premiums, and access care when needed. When you require treatment, you simply contact your provider to arrange it.
To help you along, here are a few key terms you should understand when it comes to purchasing Private Medical insurance:
- Inpatient: Treatment requiring an overnight stay.
- Outpatient: Treatment that does not require an overnight stay.
- Excess: The amount you pay upfront when you claim.
- Moratorium: A period during which pre-existing conditions may not be covered.
Benefits of PMI in the UK?
One of the main advantages of PMI is faster access to specialists and treatments. You can also choose your private hospitals and consultants, ensuring you get the best possible care.
Private medical insurance often includes private rooms and additional comforts, enhancing your overall healthcare experience. Additionally, PMI covers specialist treatments for illnesses like cancer that may not be available through the NHS.
Making Private Healthcare Accessible
Today’s policies are highly adaptable, allowing for adjustments to suit your needs and budget. You can choose to wait 6 weeks for NHS treatment, adjust your excess from £0 to £5000, select from various hospital options, and add coverage for mental health, dental, audiological services, and therapies. This flexibility enables customisation to fit a wide range of budgets.
Other PMI Questions
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Every day people are making life changing decisions.
A young customer, in her early twenties, living with her mother and without children, faced the reality of minimal sick pay from her job as a marketing manager earning £30k annually.
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Every day people are making life changing decisions.
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Every day people are making life changing decisions.
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Every day people are making life changing decisions.
Carlo, one of our dedicated advisors at Cover Direct, recently assisted a client who needed to reassess his life insurance. The client believed he required more coverage due to changing circumstances. Carlo thoroughly reviewed his existing policy and advised an extension rather than purchasing a new, more expensive one, adding only £3 per month.
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Every day people are making life changing decisions.
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