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What is private medical insurance?

What is private medical insurance?

Category: Health insurance

Updated: 04/04/2014
First Published: 04/04/2014

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Your health is your most important possession, and you want to do everything in your power to stay as healthy as possible. But, no matter how well you look after yourself, sometimes things go wrong – and that's when you need access to quick, professional treatment to get back on track.

That's where PMI, or private medical insurance, can come in. PMI is a type of insurance policy that covers the cost of private medical treatment, including any diagnostic tests, specialist consultations, surgeries and the use of a private hospital, without needing to wait up to four months on an NHS waiting list.

It'll generally cover you for acute, curable conditions, but most policies will allow you to tailor your level of cover according to your individual requirements. Some policies will include the likes of dental care, psychiatric treatment, complementary therapies and physiotherapy but might not come with cover for cancer or heart conditions, for example, although this type of treatment can often be added onto your policy as an optional extra.

Some services, such as accident and emergency, won't be included in PMI, and while some plans will include payments to a private GP not all of them will. You might find you still have to rely on the NHS for certain things depending on the type of plan you opt for, but with every policy being wholly tailored to your needs you can be confident you'll be left with the level of cover that meets your requirements.

PMI can leave you safe in the knowledge that you're doing the best you can for your health, ensuring you'll have the treatment you need when you need it. To find out more about PMI and how it can benefit you, read our special Brief from experts in the field of private medical insurance, Simplyhealth.

To find out more about PMI and how it could benefit you, click here to read our special Brief from experts in the field Simplyhealth.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.