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With increasing pressures on the NHS you may have seen a lot written about Private Medical Insurance (PMI) in the press, read more here.
Last updated: 28 February 2022
Private health insurance – also known as ‘private medical insurance’ – pays some or all your medical bills if you’re treated privately.
It gives you a choice in the level of care you get, and how and when it’s provided.
If you don’t want to use the NHS, it can be very expensive to use private treatment without it – especially for serious conditions.
Like all insurance, the cover you get from private medical insurance depends on the policy you buy and who you buy it from.
The more basic policies usually pick up the costs of most in-patient treatments – such as tests and surgery – and day-care surgery.
Some policies extend to out-patient treatments – such as specialists and consultants – and might pay you a small fixed amount for each night you spend in an NHS hospital.
Talk to your expert IQ adviser to answer any PMI questions you may have.
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