Best Ways to Compare Health Insurance

Best Ways to Compare Health Insurance

In theory, health insurance – also called private medical insurance or PMI for short – is simple and straightforward. In return for your payment of a premium, the insurance typically covers the cost of medical treatment (less any excess) when you need it.

In practice, of course, it is somewhat more involved and complicated than that, given the very wide range of different plans, prices and providers.

The many potential variables make it important that, before you buy, you compare health insurance very carefully.

What are the main points to take into account in such a comparison?

Fully underwritten health insurance

  • Just as the term suggests, this represents something of a gold standard in health insurance, since it provides a more comprehensive range of cover and, typically, a greater choice in the private hospitals and clinics at which you may choose to be treated.
  • In order to obtain such cover, however, you need to disclose your full medical history, you may need to authorise your GP to provide a medical report and you may need a medical examination.

Moratorium health insurance

  • Generally a cheaper option, moratorium health insurance takes a different approach to your pre-existing medical conditions.
  • These need to be disclosed and the insurer may impose what the Money Saving Expert describes as “blanket” exclusions on some or all of those which you have listed.

What is covered?

  • When you compare health insurance, probably the greatest variation – and therefore the need to exercise care – is in exactly what medical conditions are covered and what treatments offered.
  • As a general rule, it is important to remember that health insurance is designed to cover acute, treatable conditions, the medical tests required and any surgery needed – typically, it does not cover so-called chronic illnesses and conditions (such as asthma), unless an existing chronic illness has reached an acute stage.
  • Even so, that still leaves plenty of leeway between different plans for various levels of cover and the choices you may make in some of the following key areas.


  • Surgery and a range of surgical procedures may be included, both on an inpatient basis and as an out-patient.

Hospital care

  • If you need to stay in hospital for any surgery or procedure, the cost is typically included – with more expensive health insurance plans offering you a greater choice of hospitals and standards of accommodation;
  • The cost of nursing care during your visit as an out-patient to or stay in hospital as an inpatient is also covered.

Consultations and tests

  • Private medical insurance gives you much quicker access to the consultants of your choice and the reduction in waiting times is probably one of the main reasons for people choosing health insurance.
  • Any tests and examinations ordered by the consultant – whether on an inpatient or out-patient basis – are also covered in your health plan.


  • Pre-existing medical conditions may be excluded from your cover or you may need to pay an extra premium for them to be included.
  • Treatment for long-term treatment (such as kidney dialysis, for example) is typically excluded, as is care during a normal pregnancy, infertility, organ transplants, treatment for drug abuse, and non-essential cosmetic surgery.

With so many variables to take into account, it is clear that you need to compare health insurance plans with a good deal of care and forethought to ensure you buy cover that suits your particular needs and circumstances.

Nisha Pandey

Nisha Pandey

Owner & Founder at SeoTechyWorld
She is the founder of She is fun loving person and love to share about SEO, blogging, social media and latest technology tips.

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