Healthplan Blog: Insights and Articles

Choosing the right family health insurance is one of the most important decisions you can make to ensure your loved ones have access to quality healthcare. With so many options available, it can feel overwhelming—but finding the best family health cover doesn’t have to be complicated. By understanding the key factors and benefits, you can select a plan that suits your family’s unique needs. Here’s a simple guide to help you make an informed choice.

Discover the pros and cons of self-paying for medical expenses and medical insurance. This article covers the differences between self-paying and medical insurance and assists you in making an informed decision about managing your healthcare costs.

In this article, we’re exploring Private Medical Insurance, focusing on Hospital lists and guided pathways. These are essential elements that shape how individuals and businesses access healthcare.

If you’re travelling to a foreign country, travel insurance may be the difference between being able to enjoy your trip and having to pay exorbitant medical bills when an accident or illness occurs. But what exactly does travel insurance cover, and how does it differ from health insurance?

Health insurance in the UK has seen an explosion in costs over the past few years as healthcare providers struggle to keep up with demand while managing soaring costs due to inflation and rising costs of pharmaceuticals and other medical equipment, to name just a few.

Health insurance is something that many people don’t think about until they need it. But suppose you are planning on living abroad or are already in another country. In that case, you should be aware of the topic of medical care and the health insurance companies available where you live.

Operation costs, especially in private hospitals, continue to skyrocket. Many are surprised when they discover the cost of private surgery, especially if they require a procedure. Private surgery costs depend on the hospital, operation type, and the patient’s unique requirements, if any. You can expect the same procedure to be more or less expensive depending on these varying factors.

The last two years showed the world that medical emergencies are unpredictable and cause significant pressures for frontline healthcare workers. In the UK, the NHS is still stretched to its limit, so it might be a good idea to look for other options for your medical treatment, such as insurance.

Insurance is an essential part of life since unexpected events can happen to anyone, at any time, in any location. With this knowledge, the concept of loss recovery, now known as insurance, was born. It functions as financial aid in the face of a life’s unpredictability.

Health insurance for your business is a necessity. But what type of underwriting should you choose? Did you know that MHD works to cover pre-existing conditions? With this type of cover, your past medical history is ignored and replaced to include the health challenges that will come up in the future. Medical History Disregarded can be availed if you have 20 or more employees in your business. Below we provide a comprehensive study of MHD, how to get it, what it includes, the cost, and pros and cons.

Before you purchase health insurance and even before you can get a quote, you need to decide on your excess amount. It’s only payable if you, or someone on your policy, claims on the policy. It might sound counterintuitive to pay for treatment before your insurer, but it helps to keep your premium more affordable. Are you willing to take on a portion of the expenses before your insurance policy kicks in? This is what medical excess is all about.

Moratorium underwriting is a process by which insurers determine the terms of health insurance, where they exclude all pre-existing conditions from the last five years for a period of two years. After that, the list of pre-existing conditions is reconsidered, and insurance policy exclusions may change. It is an alternative to full medical underwriting, where some pre-existing conditions are excluded permanently. A moratorium takes the recurrence of an illness into account, allowing for more flexibility in the cover.

Getting private health insurance is an option many UK residents consider. However, you need to get to know more about its specifics to set clear expectations of what can get out of it. In this article, we will cover the main aspects of private medical policies in the UK.

Though the NHS provides quality free healthcare to everyone in the UK, many people choose private health care. The main benefits are shorter waiting lists, comfort, and personalisation. Private health insurance cost comparison UK options reveal these benefits often come at a premium.

The NHS provides free healthcare to the majority of UK people. Yet, many individuals purchase private medical insurance, which covers the price of treatment by private healthcare providers. Before you get private health insurance, you should learn how it works, when it’s a good idea, its benefits and drawbacks, and a few other details that we will cover.

The confusion of whether or not private health insurance premiums are deducted from income in the United Kingdom is a common topic. Yes, medical insurance premiums are deductible from your taxable income. There are, nevertheless, certain requirements that must be followed in a tax-efficient way. As long as a company pays for the private medical insurance of an employee or director, the premiums are deductible as business expenses, and the company benefits from tax breaks on those expenses. Employees and directors who get private medical insurance will be taxed and subject to national insurance (NI) on their premiums.