Re: Private Health Insurance
Originally Posted by Lindyloo
Anyone looked into this? Any recommendations for insurance or is it better to self insure?
I've had a lot of NHS hospital treatment, and a lot of Private Insurance, as well.
My approach, now, in the event of my Doctor suggesting an operation, or other treatment, is as follows:-
1) Ask the Doctor to recommend a Private Hospital, whom he would recommend for the job.
2) Make an appointment & go and see that recommended specialist, discuss the process and price it up.
Price broken down into Treatment, Hospital & Bed, etc.
3) Consider the price and look at the ways of raising the money.
At the hospitals I have been to, there are adverts, on the walls, for interest free loans, etc
Other ways are Borrowing (not interest free), raising money off your property., etc.
Then there are the Private Insurers.
To sum up, treat the whole thing as a business venture.
Once you've done it you'll never go back!
You might save thousands by sitting there, with the Specialist, and talking through everything.
The Private Insurers, in my view, make a fortune because people are afraid of getting into the discussion.