Private medical insurance does not have a cash value but there are times when you may be eligible to claim Cash Back.
If you choose to have your in-patient treatment via the NHS your policy may give you a Cash Back value.
As an example from Vitality Health:
One of the benefits of their Business Healthcare policy is the employer cash back benefit. You can claim up to 10% of your premium after the renewal of your policy. The amount you can claim is dependent on the Vitality Status of your employees.
They also offer an NHS Cash Back benefit within the core cover of their Business Healthcare policy which provides:
£250 per night for in-patient treatment up to £2000
£125 per night for day-patient treatment up to £500
Vitality Health are not the only insurer to offer the NHS Cash Back benefit however, this is provided as an example of what may be available to you.
Many insurance companies offer a one of childbirth cash benefit. This is normally £100 and it can be claimed for the birth or legal adoption of a child.
Some insurers offer Dental and Optical add on benefits. Where available you would pay your dentist or optician and claim the money back from your insurer. There will be a maximum benefit limit per policy year.
There are 7 benefit categories and 7 cover levels. Each cover level gives you a pot of money that your employees can use towards everyday healthcare costs. Only 4 of the benefit categories have a maximum spend attached. Complementary therapies are not one of those categories.
We know the importance of finding a great value policy. To make it more accessible to all then we have introduced this offer for personal and business clients alike. We want you to be able to save money on your Health Insurance and hope that our cash back offer will make it a little more affordable for everyone.
To provide clarity for our private medical insurance clients around the coronavirus pandemic and how this will affect their cover whether as a business or personal policy, please read the information provided below. There are some important things to consider around COVID-19 and your health insurance
The therapist treating you will then proceed to massage the areas discussed. They will use an oil or cream-based product to provide a free-flowing massage. Towels will also be carefully place to ensure you are covered. This will also keep you warm and comfortable throughout the treatment.
Colonic hydrotherapy (sometimes known as colonic irrigation) is a complementary therapy that is not available via the NHS. If you are part of a Cash Plan scheme from Healthshield you will be able to claim cash back for this therapy up to your benefit limit. Before you make a claim, you must ensure you have the Health & Wellbeing benefits included in your plan. ARCH is the Association of Registered Colon Therapists and is the UK’s oldest and largest association for colon therapists. They set high standards within the industry based on Naturopathic National Occupational Standards and Core Elements for…
We think it is time that everyone knew the great options available within the cash plan market. We would be happy to help you find the policy that best suits your needs. If you would like to work with an experienced Health Insurance broker please get in touch.