Health Cash Plans

Health Cash Plans are typically designed to help cover the smaller, everyday medical expenses such as visits to the dentist, appointments with a chiropodist, alternative medicines such as accupuncture and so on. Whilst health cash plans are not technically health insurance, they work in a similar way. You generally pay a monthly fee and when you pay for medical services, you’re able to claim cash back.

Health cash plans should not be considered as an alternative to the NHS, nor a replacement for Private Medical Insurance (PMI). For example, if you were in need of surgery or had to discuss your health with a specialist consultant, then you should use the NHS or go through the proper insurance channels. Instead, health cash plans are meant to help reduce the costs of non-NHS treatments. Health cash plans are meant to encourage better health by making trips to the dentist, optometrist, physiotherapist much more affordable. Some providers however do allow for one off specialist consultations.

Health cash plans are designed to be inexpensive and monthly costs can range from as little as £5 a month for an individual. Cash plan poliies are available for couples, too and children under the age of 18 are often added to the policy free of charge. In most cases, you don’t have to pass a medical exam in order to qualify. Health cash plan providers will often not discriminate against age so a customer in their 20s will often pay the same amount as someone in their 50s.

To illustrate how helpful health cash plans can be, dental and optometrist costs are usually covered from 80%-100%. This means that if you were billed for £50, you should receive a cheque back reimbursing you for anywhere between £40-£50. Now, you’ll want to double check exactly what your health cash plan policy will repay you but, the scenario above is pretty standard.

Once again, health cash plans are quite affordable and as you’d expect, the higher your monthy contribution, the wider range of medical treatments will qualify for reimbursement.

Health cash plans can offer excellent value for money and will help alleviate some of the smaller medical costs that may not be covered by the NHS or your PMI policy. It’s worth taking a look and finding out more now, to inspire a healthier life in the future.