Obtaining Cheaper U.K. Health Insurance
Author: Ian C. Langtree - Writer/Editor for Disabled World (DW)
Published: 2009/03/18 - Updated: 2026/01/31
Publication Type: Informative
Category Topic: Insurance - Related Publications
Page Content: Synopsis - Introduction - Main - Insights, Updates
Synopsis: This article offers practical advice for individuals seeking to manage the rising costs of private medical insurance in the UK. It suggests several strategies to reduce premiums without compromising the quality of care. These include downgrading from comprehensive coverage to more basic plans, agreeing to higher excess payments, sharing medical expenses with insurers, and considering self-payment for treatments, especially when utilizing private facilities within NHS hospitals. The piece also recommends exploring employer-based private medical insurance options, which often provide group rates that are more affordable than individual plans. Additionally, it emphasizes the importance of comparison shopping among insurance providers to find the best deals tailored to one's specific needs. This guidance is particularly beneficial for individuals, including those with disabilities and seniors, who are navigating the complexities of health insurance to ensure adequate coverage while managing expenses - Disabled World (DW).
Introduction
The cost of health care has increased substantially over the past decade, so it should be no surprise that the cost of private medical insurance has followed suit. With premiums up from around annually to 18 according to Data Monitor, it is becoming harder for many people to afford private medical insurance at all.
Main Content
The cost of health care has increased substantially over the past decade, so it should be no surprise that the cost of private medical insurance has followed suit. With premiums up from around annually to 18 according to Data Monitor, it is becoming harder for many people to afford private medical insurance at all.
There are ways to cut costs and still get quality cover and quality medical care, though. Here are a few suggestions for getting quality health insurance for you and your family on a budget.
Downgrade from comprehensive cover
If you've been paying for comprehensive PMI, you may reduce your costs by downgrading to a budget plan. There are a number of budget plan types available. One of the most common methods of reducing costs on PMI is to exclude cover for some types of treatments. Those treatments may include tests, complementary health care and psychiatric care. Exclusions are one way to cut costs t if you end up needing tests, scans or physical therapy, or any other type of treatment not covered, you could wind up paying far more out of your pocket than you would have paid for the extra cover.
Agree to a higher excess
Another popular way to lower premiums is to opt for a higher excess. You can lower your premiums by well over 50% if you choose to accept a high excess. If you do choose to take on a higher excess payment, be sure to check how the excess is charged. A per claim excess can wind up being far more expensive than a full cover excess.
Share the responsibility
A third way to cut the cost of your premiums is to share the cost of your medical expenses with your insurance provider. Rather than paying a fixed excess cost, you agree to pay a percentage of your treatment cost up to a predetermined cap.
Pay for your own treatment
A new class of payment type for private health care costs is to pay for your own expenses without insurance. There are private hospitals that offer fixed rate operations to allow you to shop around and budget for an operation rather than wait for your turn on the NHS.
Private treatment at NHS facilities
If you opt to pay your own medical expenses, one option to look into is using private facilities at NHS hospitals. The cost may be cheaper than the same treatment at a private hospital.
Employer based PMI
Check to find out if your employer offers PMI as a company benefit. Group rates for private health insurance are considerably cheaper than individual, so even if your employer requires you to make a contribution, it's likely to save you a good amount of money on your health insurance policy.
Depending on the policy and the company, you may also be able to get cover for your spouse and children. In some of the larger companies, you may even be able to get cover if you have a pre-existing condition.
Shop around for the best deal
Comparison shopping will always get you the best deal, so do shop around and compare premiums. Ask for quotes from several insurance companies but be sure to know before hand what type and level of cover you want so you can compare like with like.
Insights, Analysis, and Developments
Editorial Note: While these cost-saving strategies can make private medical insurance more accessible, readers should approach coverage decisions with their eyes wide open. The NHS remains a remarkably comprehensive system despite its well-documented waiting times, and private insurance isn't inherently superior - it simply offers different trade-offs. Budget plans and high-excess policies work brilliantly until the moment you actually need care, at which point those savings can evaporate quickly if you've excluded the wrong treatments or misjudged your financial cushion. The real calculus here isn't just about premiums versus coverage, but about honestly assessing your health trajectory, your risk tolerance, and whether you can absorb sudden out-of-pocket costs without derailing your finances. For many people with disabilities or chronic conditions, employer-based group coverage represents the sweet spot of affordability and protection - but only if you read the fine print about pre-existing condition clauses. The insurance market banks on healthy people overpaying and sick people underestimating their needs; your job is to avoid being either - Disabled World (DW).
Author Credentials: Ian is the founder and Editor-in-Chief of Disabled World, a leading resource for news and information on disability issues. With a global perspective shaped by years of travel and lived experience, Ian is a committed proponent of the Social Model of Disability-a transformative framework developed by disabled activists in the 1970s that emphasizes dismantling societal barriers rather than focusing solely on individual impairments. His work reflects a deep commitment to disability rights, accessibility, and social inclusion. To learn more about Ian's background, expertise, and accomplishments, visit his full biography.