Contracting has many benefits, including plenty of freedom and flexibility. But, that comes at the cost of not getting paid if you don’t work.
Therefore, one thing that is not ideal when it comes to healthcare is delays. Delays are a common occurrence with NHS healthcare. By going private, you can rest assured that treatment will be much quicker, meaning if you fall ill or suffer an injury, the time out of work can be reduced.
To get access to private healthcare, a monthly or annual fee is paid. Should you get sick or injured, you can make a claim and the policy will pay out accordingly for what is covered.
Here’s an exploration into the benefits of having private healthcare for contractors, and the best and most cost effective way to find the cover that suits you.
Here in the UK, we’re proud of the National Health Service (NHS). The NHS provides the majority of healthcare to the nation – so why would anyone in the UK need private health insurance?
The reality is that in recent years the NHS has come under significant strain. Factors like a rise in population, lack of funding and the increase in life expectancy has resulted in longer waiting times, lack of choice and limited treatments. Private healthcare offers you:
Medical history disregarded underwriting is the most highly sought after private medical insurance product. Unlike all other types of underwriting your medical history is completely ignored, so you won’t receive any nasty exclusions or find yourself not being covered for something you’ve had previously.
Understandably this is a popular product but insurers simply cannot afford to offer the product to everyone. Currently there are only 3 ways you can access medical history disregarded underwriting:
Healthcare for contractors – tips
With multiple healthcare providers on the market, it can be difficult to know where to start when deciding the best option.
How do you know which one to choose?
The answer depends on a variety of factors. However, when looking at suitable cover for contractors, it’s important your healthcare provides the following:
If you’re not sure exactly what makes a good health insurance policy, Procorre can provide advice on selecting a healthcare policy. As a Procorre Partner, you can get access to high quality healthcare packages.