While there are benefits of having
private medical insurance in the UK, it’s not just important
to know what the policy actually covers as you also need to know what it doesn’t cover. Here
are some details of some aspects that are not included in UK Private Medical
Insurance:
1. “Chronic” conditions
These are conditions that aren’t curable, such as asthma
and diabetes. Since these conditions are
incurable, they’ll cause substantial expenses for the insurer over a lifetime. So it’s a business decision based on
the uncertainly of the total medical costs will be. This may seem “unfair” to
you if you’re looking for health insurance to cover chronic conditions, but the
long term cost of treating these conditions can
be a small fortune, and it will not cure you anyway.
2. Pre-existing conditions
These conditions can include illnesses, injuries, and
diseases that you’ve had during a certain period—usually within the past five
years. The five years goes back from the start
date of your insurance policy under the process of the underwriting. However,
the timeframe of five years may differ between different insurers and method of the underwriting.
However, depending on the underwriting some pre-existing
conditions may be covered after two years of being insured as long as you meet
the four criteria mentioned below. Usually you must be:
·
advice-free
·
symptom-free
·
treatment-free
·
medication free
