Reduce Your Premium With An Excess

At General & Medical Healthcare, we pride ourselves on our flexibility when it comes to your budget. That’s why we offer you different ways to reduce your private health insurance costs.

You can, of course, choose a lower level of cover by choosing Lifestyle instead of Lifestyle Plus or by restricting your hospital choice to First Choice only. In addition, you can also significantly reduce your premiums by adding an excess amount to your policy.

What Is A Health Insurance Excess?

An excess is an amount agreed in advance that you or each person on your policy pays towards the cost of a healthcare claim. For example, if you choose a £250 excess per claim and your treatment for one eligible claim costs £5,000, you would pay the first £250 and we would pay the rest.

You can add an excess of £75, £100, £150, £200, £250, £500, £1000, £2000 or £3000. At the start of the policy, you choose whether the excess applies once per policy year or to each claim. If you choose an excess per policy year and your treatment for an eligible claim carries on into the next policy year, another excess will apply.

Remember - the higher the excess, the lower your monthly payments. For example, even an excess of £250 per claim could reduce your monthly payments by 15%!

The important thing is to choose a level of excess that you can comfortably afford.

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