Many people donít even consider health insurance protection as they anticipate that the cost of cover will be prohibitive. However, there are lots of providers out there who offer cheap medical insurance.
If you want to benefit from private medical insurance but don’t want to pay the earth then it may be worth considering affordable health insurance.
With dozens of providers offering low income health insurance it’s well worth shopping around for the best cover.
How you can benefit from affordable health insurance
Health insurance is designed to cover the costs of private medical treatment should you have an acute illness. It typically covers in-patient and out-patient treatment including specialist consultations, diagnostic tests and hospital treatment.
In addition, even the cheapest health insurance policies typically allow you to benefit from private medical treatment in your choice of hospital. You’ll often find yourself in a private ward with many modern facilities and an en-suite bathroom.
When looking for cheap health insurance UK providers offer several ways to reduce your premiums.
Cheap medical insurance may have a higher compulsory excess or you may have a longer ‘wait’ before you can claim for treatment. Alternatively, the out-patient cover may have restrictions or limits.
What to look for when you compare low cost health insurance quotes
When you compare low cost health insurance quotes you should consider both the cost and the quality of the cover.
If you’re looking for the cheapest health insurance then the monthly premium will obviously be important to you. However, it is advisable to check the cover provided by affordable health insurance policies as you may benefit from a superior policy for just a small additional monthly premium.
When comparing cover, take into account:
The number of hospitals that you can elect to have your treatment at
- What the compulsory excess of the low income health insurance is (the amount of any claim you have to pay yourself). You may also be able to secure the cheapest health insurance deals by increasing your voluntary excess
- Whether there is a maximum amount of cover provided under the policy in a year
- Whether the insurer settles claims directly with the healthcare provider or whether you have to settle them yourself and reclaim this money
- Whether the exact level of cover provided by the policy meets your requirements
Always make sure you compare both the price and the cover offered by the leading cheap medical insurance policies before you buy otherwise you'll simply be wasting your time paying the premiums.