Although most UK residents are entitled to excellent free healthcare from the NHS there can be significant benefits to having Private Medical Insurance.
Private Medical insurance pays all, or some of your medical bills if you’re treated privately (depending on the policy conditions). It gives you a choice in the level of care you get and how and when it is provided.
Private medical insurance can be beneficial if:
- You want peace of mind that you can get diagnostic and treatment quickly.
- You would prefer not to wait for NHS treatment.
- You would prefer to stick to private hospitals where possible.
- You want to be covered for drugs and treatment you can’t get on the NHS, like specialist surgery for sports-related injuries (depending on the policy conditions).
You don’t have to take out private medical insurance. But if you don’t want to use the NHS, you might find it hard to pay for private treatment without insurance, especially for serious conditions.