Private Healthcare UK
The UK has a National Health Service to provide public heathcare for its residents and most employers have a comprehensive health plan as part of the benefits package for their employees. Therefore, only about 15% of the people in the UK have private healthcare insurance. The process of using this private insurance is relatively simple. You take out one of several different policies from a company that provides medical insurance coverage. Such policies allow you to receive treatment at private hospitals or get appointments with specialists faster than you would under the NHS.
When you visit your doctor and receive a referral to a specialist or a consultant, the private insurance will cover the cost associated with the specialist fees. You should always contact your insurance provider to ensure that you have sufficient coverage under your policy. There is a special form that has to be completed by the specialist. After your visit, you then send the form to your insurance and payment will be made to the doctor.
Most insurance policies have an annual limit for these costs and when you take out the policy, you can also choose an excess amount, which means that if you go over the limit, you will be responsible for paying the remainder of the costs. However, you won’t have to pay the doctor as the insurance will still pay the bill, but you make payment to the insurance company.
Some of the benefits of having private healthcare insurance are:
- Covers costs of specialist fees and diagnostic tests for both in-patients and outpatients
- You get a cash benefit of £50 a day, up to £2000 a year when you receive NHS treatment
- Parents accommodation when children are in hospital is covered
- Overseas evacuation and repatriation costs are covered
You can also include in-patient and outpatient psychiatric treatment. For the excess portion of your policy, you can have £300, £800 or unlimited cover. Each of these carries a different price tag and you can cut down on the premiums you pay for a policy if you agree to NHS treatment whenever possible.