Health insurance: How does it work?

private medical insurance uk For many who take out coverage, health insurance in the UK is a  veritable minefield of can and can’t do.

Here at Switch Health, we feel it is our mission to make this complex product simple. Whether you have been insured for years, or are exploring this product for the first time, below are some key things you need to know:

First time buyers:

When we speak to customers there is always one question above all others that comes up time and time again:

“I have X condition -will it be covered?”

Whilst there are certain conditions where the answer is ” maybe” invariably the answer to this question sadly is “No” .

Insurers by nature are risk averse. They will therefore assess the likelihood of a claim arising from the condition and determine whether or not it is worth allowing you coverage for it. – see ” How insurers write policies” for more detail.

The example we like to use is a bit silly, but bare with us.

Imagine you have a minor car accident.

Much to your suprise, when you go to exchange insurance Information the other driver makes a phone call.

You hear them quite clearly advise the person that they are speaking to that they would like to take out car insurance to cover the damage for the accident they have just had.

Like I said -sounds silly right? No one ( hopefully) would ever do this.

Health insurance works the same way.

It is insuring you against the possibility of something happening.

What does it cover for?

The short answer is pretty much whatever you want it to- as long as you are happy with the price.

Our advisors work closely with each of their clients to ensure that their policy is tailored to their needs and budget.

Sometimes to get the cost to where you want it there will need to be compromises, but we are familiar we balancing your needs and budget to get an outcome that you will be happy with.

How much does insurance cost?

Ah yes, the money question.

There are several factors that affect how an insurer calculates the cost of cover :

• Age of applicants and how many.
• Location ( postcode).
• Coverage level of the plan chosen.
• Smoker status ( for some providers)
• How the plan is written ( for some providers)

If you live in Central London (sorry in advance!) You will be charged on average 30% more for cover than someone the same age who lives in Scotland.

This is due to ease of facility access and also claim rates in that region.

Moving health insurance providers

If you have cover in place at the moment and see the price creeping up year on year, you are not alone.

Unlike care or house insurance, people seem to be highly reticent to look across the market with health insurance as they worry about losing pre-existing conditions cover.

You can get health insurance quotes and buy healthcare online, once you find the best advisor for individual health insurance  we only compare for private health insurance uk, BUPA are offering health care plans with up to 2 months free. AXA, AXA PPP, AXA Health are offering price promise.

What a lot of people do not know is that as long as you meet an insurer’s eligibility criteria (speak to one of out advisors to know more) you can move providers and save money without compromising on your coverage.

This is called a “Switch”.

To discuss if this is a suitable option for you to reduce your costs while keeping the cover you want, give us a call on 01242371300.

How can Switch Health guarantee to save me money on health insurance?

Its simple at Switch Health we compare the whole market with all the major insurers like AXA PPP, Aviva, Vitality, and BUPA to name just a few. Once we find the right provider, we use our discounts to guarantee the best deal on the market. If you have any quotes from any other broker or insurer we will beat any offer or any price. In most cases, we can save up to 60% off your premiums and offer 2 months free.

What insurers do Switch Health work with?

Below are all the insurers Switch Health have agencies with and can negotiate on the premiums on your behalf

• BUPA
• Aviva
• AXA PPP
• Health On Line
• AXA Health
• WPA
• SAGA
• Vitality
• The Exeter
• Freedom Health
• National Friendly
• Cigna
• General & Medical
• Morgan Price
• CS Healthcare (now BUPA)

Available Medial Insurance deals

BUPA One Month Free

BUPA BY YOU Two Months Free

AXA One Month Free

AXA Health Two Months Free

Vitality Health Apple Watch

WPA 20% Off

Cigma Save Up To 65% Off