Sorry Sir, health insurance can't pay for that! You're not covered!
In the UK around £3 billion a year is spent on Health Insurance.
- The Benefits of Group Health Insurance
- Many UK companies offer Group Health Insurance Schemes. This article discusses the likely benefits.
- Protecting Your Health With Private Medical Insurance
- Discusses some of the things you need to think about.
- Private Medical Insurance. Finding The Right Policy for You
- An excellent introduction to medical insurance
- Health Insurance and Their Different Types
- A brief intro to the topic of health insurance
- Options for Cheap Health Insurance
- A useful read if youre thinking about health or medical insurance.
- Dental Insurance. The NHS in dental shambles
- Up to 16 million dental patients could find themselves without NHS care. This article explains.
Health Insurance is designed to provide protection for curable, short-term medical problems. It enables policyholders to jump the NHS queues to see consultants, be diagnosed, receive surgery or be treated.
But it's not a replacement for the NHS. Private hospitals don't have ( medical insurance ) emergency and casualty departments and you don't necessarily get better medical care - you simply get it quicker and at a hospital and at a time that suits you.
The fact is that Health Insurance is complex and few policyholders take the trouble to carefully read the details of their cover. As a result, many policyholders misinterpret what their policy will cover. If you are expecting Health Insurance to pay every medical claim, you're mistaken.
Policies refuse to pay for dental treatment ( unsecured loans ) unless it is taken out as an optional extra to the main Health Insurance policy. Standalone dental insurance policies are also widely available and are becoming increasingly popular.
They also refuse to pay for treatment associated with straightforward pregnancies and childbirth. However if complications develop, then with most policies, the picture ( mortgages ) changes - the insurance will meet the costs of treating the complications.
How about cosmetic surgery? Again the answer's no. Cosmetic surgery is clearly an elective procedure and does not constitute a valid medical problem.
When it comes to the issue of treating alcoholism and drug abuse, the ( remortgages ) insurers take the view that the problem is self-inflicted. Sorry sir, you're certainly not insured.
Few prospective purchasers of Health Insurance will be too surprised or upset about these exclusions. But those are the tip of the iceberg!
Before you buy you need to appreciate the less obvious treatments and ( personal loans ) situations that fall outside the scope of the cover.
Part 2 of this article goes on to explain in detail ....