Look for Value Not Price When Comparing Health Insurance Quotes Online

In a recession hit country, money is on everyone’s mind. Nobody wants to spend more than they need to, particularly on insurance. However, private medical insurance is one product where cheaper is not always the best. When it comes to private medical insurance, it is about value rather than price.

With more and more comparison websites focusing only on price and gimmicky incentives, customers are being taught that quality and suitability should come second to the cost. Insurance products are often listed by price, with the lowest price featured at the top and the most expensive at the bottom. Whilst some cover like car insurance may not be hugely affected by price, this is not the case with private medical insurance.

Private medical insurance premiums will directly affect your level of cover. Whilst cheap health insurance plans may save you money in the short term, you may miss out on life-saving treatment in the future.

Before you compare health insurance quotes, it is important to know exactly what it is you want to be covered for on your policy. First, you need to think about what you want to get out of your health insurance. Would you be happy with just cover for diagnostics tests? If yes, you could get a budget health insurance policy that just covers diagnosis. But if you want to be covered for treatment as well, you may miss out in the long term with one of these basic plans.

Other cheap private medical insurance plans may have limits on the amount you can claim in a year for a particular condition. They may also have limits for outpatient cover. With an outpatient limit of £500 per annum, you will only be able to claim £500 a year for outpatient treatment, and meet the remaining costs yourself. Whilst some people may be happy with this, others may want a more comprehensive policy so it is worth keeping your eyes open for hidden limits.

Cancer cover is one reason a lot of people take out a private

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