Press Release Summary = Private medical insurance is a very useful policy to take
out, yet the range of policies available means that you should ensure the terms and
conditions meet your specific requirements
Press Release Body =
The origin of private medical insurance goes back a long way – before the NHS was
formed. In pre-NHS days, people contributed to “friendly societies”, which provided
financial assistance to people in times of need. Some private medical insurance
providers, such as BUPA, remain non-profit-distributing bodies, though there are
also many commercial insurance companies providing private medical insurance these
days. One of the best-known names in private medical insurance cover is AXA PPP
healthcare ( http://www.axappphealthcare.co.uk/ ) – which was actually conceived in
1938 to provide a health insurance scheme for middle income earners in London.
The principal aim of private medical insurance is designed to cover treatment of
“acute illness” – defined by Which? As “conditions which can be cured or
substantially alleviated by treatment.” Treatment of chronic illnesses, such as
multiple sclerosis or arthritis, may not be covered by private medical; so critical
illness insurance might be more suitable. Critical insurance cover will be based on
your individual requirements – so shop around for the right policy and always be
completely open with your insurance provider, or you may invalidate a claim at a
later date.
Other treatments generally excluded from private medical insurance include cosmetic
surgery, treatment for alcohol or drug abuse and infertility treatment. The
majority of standard policies exclude private consultations of a GP, routine
check-ups and dental work – unless it is undertaken in a hospital. However, always
check your private medical insurance policy – as some will be more comprehensive
than others.
Private medical insurance can be an effective way of ensuring swift access to
medical care for your family. Just remember that insurance policies reflect your
exact circumstances – so don’t assume that one size fits all.
For additional information on private medical insurance and critical illness insurance:
“Be your own financial advisor”, Which? Consumer Guides, author Jonquil Lowe
http://www.axappphealthcare.co.uk/body/html/consumer/products/uk/pmi.jhtml (Private
healthcare in the UK)
2010
