When you are thinking about your finances at retirement, this is not just limited to pensions and investments. Your private medical insurance / health insurance could also be one of your priorities. Especially true if you have medical history that needs to be considered. The experts at Ascend Health can help you to understand your options with NO OBLIGATION to buy.
With more and more people considering private medical insurance, the question ‘Can anyone buy private medical insurance?’ is often asked. For so long, people have perceived this to be a luxury purchase, but we no longer believe this is the case. In the UK, the NHS does a great job. For accident and emergency treatment, in fact, there is no better solution, but what about non-urgent medical treatment? As we have all seen, NHS waiting lists have increased around the country and show no signs of recovery. The stats about waiting lists are reported on the news every single day…
Let’s face it, who doesn’t want to save money! When you have taken early retirement and therefore lost your monthly salary, keeping track of your finances is important. Saving money on your Health Insurance premium might actually be easier than you think.
We would recommend that everyone has a full market review when they are buying a health insurance policy. It doesn’t matter whether you are 18 or 80, a market review is the simple way to ensure you are getting a great deal. Whether your parents have a policy in place or are new to health insurance a market review lets you know what is available.
If you have pre-existing conditions or have had medical treatment in the last 18 months then continuation terms may be your best option. This basically means that your insurer will move you to an individual or family policy without further underwriting.
Just because you have reached retirement age does not mean that you have made claims or suffered with ill health. Being newly underwritten would save you money on your private medical insurance but could result in exclusions appearing on your certificate.
If you have health insurance cover as an employee. what are your options when you are going to leave a company policy? This can be especially relevant if you have pre-existing conditions or are currently undergoing medical treatment.