Reply to: Private Medical Insurance (Comprehensive)

[Zorba]

We're too busy thinking about a stocking wearing / commando CM to think about something like this.

Sweet Zombie Jesus! Where? Where?

[Keldin]

I'm on BUPA from my last permanent job.
I'm no longer employed there but they still seem to be renewing it (just received a renewal notice from BUPA last week informing me i'm covered by th ex-employer's scheme). Very kind of them to keep paying but I'm not sure what would happen if I tried to use it :-)
Probably not an option for you though.

K

[TheFaQQer]

What did you expect?

It seems to have been resurrected today, though, after Churchill spoilt the fun for everyone...

[Swiss Tony]

Oh another thing, it seems most PMI insurers have no claims discount etc. If you’re getting all of you insured have a look at what it costs to do it separately. Children come under one of the parents.

Usually it is the same price if you do it joint or not. If it is the same price it would be better to have separate policies, that way if one of you doesn’t use it then your premiums don’t go up together.

[SallyAnne]

my thread has died.

What did you expect?

[SallyAnne]

does anyone have PMI or do you just all spend your money on cars?

[the guy with the bowtie]

Who's the provider? Where did you find it?

Ta

Provider is Norwich Union. There are several out there - from memory another one is Exeter Society

[MrRobin]

WPA are decent. You aren't tied down to a particular 'brand' of hospital - e.g. BUPA. They operate an interesting excess scheme where you can claim 75% of any costs incurred up to your excess amount and then you get full 100%. The customer service is good and they are all UK based.

[DimPrawn]

I have BUPA with work. I have to pay 30 odd quid per month to get SWMBO covered. However, I also have BIC to pay in addition to the premium.

Why do I have to pay BIC? I'm taking the strain off the NHS FFS!

Why is there tax on insurance? Are the government saying that they want to discourage people from protecting themelves, their families and their assets?

Why not tax safety equipment with a special tax? The safer and better protected something is, the more you pay.

Fecking idiots.

[Churchill]

I have BUPA with work. I have to pay 30 odd quid per month to get SWMBO covered. However, I also have BIC to pay in addition to the premium.

Why do I have to pay BIC? I'm taking the strain off the NHS FFS!

[TheFaQQer]

If you wear glasses and go to the dentist regularly, then something like HSA is probably quite good, since you can always find something to claim on - they just rely on people forgetting to claim it.

[Swiss Tony]

can anyone recommend a good company.

BUPA are expensive.

Phoned contractor money and someone from WPA has quoted for myself, wife and child. Around £115 p/m - further 10% discount possible.

Prudential on line quote is around £100.

Went to fool.co.uk and they have a link to Prefered medical. This company searches around 35 medical insurance companies. They came back with a quote of £80 pm from Health on-line. Anyone heard of them?

Can any one recommend one of these or another company?

Health-on-line are used by the majority of people in my office and myself. they are very good and if you get the right package better than BUPA for less. Its still not a cheap contract but I would def recommend them.

[TheFaQQer]

Interesting thread (at least the relevant bits).

I've been looking into this. I have opted for a plan which disregards age. The premium you pay once you enter the scheme rises over time in line with medical inflation but is not increased in line with age and subsequent risk. Usual stuff about non-coverage for pre-existing conditions etc. but this is in your advantage if you enter the scheme at an earlier age. There are limits to amount of claim over the life of the plan but again to your advantage as you can "save them up" for later in life. I pay approx £80 per month (single person coverage)

You do pay an initial very high monthly amount compared to other plans but it gets relatively cheaper later in life when you need it. You can also choose the level of excess (like for car insurance) which matches your view on the likely risk.

I think the next big issue coming "out of the blue" is health care and long term care provision. I think it is worthwhile planning ahead how to cover the cost of this once it becomes clear the State will only provide the very basic support (and this support will only get worse from that "provided" today)

Who's the provider? Where did you find it?

Ta

[TheFaQQer]

There are some good comparison sites on the MSE forums / articles which explain about paying a commission up front rather than it being factored into the monthly repayments - for some policies this can save a lot of money by paying something low (£50 or so) now.

As FiveTimes says in another thread today - Cavendish Online are good brokers for this kind of thing. You pay the commission up front and it reduces the premiums - it's either £35 or £45 up front.

[the guy with the bowtie]

Interesting thread (at least the relevant bits).

I've been looking into this. I have opted for a plan which disregards age. The premium you pay once you enter the scheme rises over time in line with medical inflation but is not increased in line with age and subsequent risk. Usual stuff about non-coverage for pre-existing conditions etc. but this is in your advantage if you enter the scheme at an earlier age. There are limits to amount of claim over the life of the plan but again to your advantage as you can "save them up" for later in life. I pay approx £80 per month (single person coverage)

You do pay an initial very high monthly amount compared to other plans but it gets relatively cheaper later in life when you need it. You can also choose the level of excess (like for car insurance) which matches your view on the likely risk.

I think the next big issue coming "out of the blue" is health care and long term care provision. I think it is worthwhile planning ahead how to cover the cost of this once it becomes clear the State will only provide the very basic support (and this support will only get worse from that "provided" today)