A Health Cash Plan is a low cost health plan that pays cash lump sum towards the cost of wide range of treatments such as dental treatments, opticians, hospital stay and alternative therapies.
A Health Cash Plan is different from the traditional Private Medical Insurance or Health Insurance (which covers medical conditions) in the sense that it is designed to meet the everyday healthcare needs, so you can have the treatment when you need it and not when you can afford it.
The main advantage of a Health Cash Plan is that it doesn’t take into account any existing medical conditions. Other advantages include:
- No medical required
- Children are usually added free of charge
- Premiums are not based on age, gender or current state of health
What does it cover?
This will vary from provider to provider and the level of cover you choose but generally Health Cash Plans cover; cost of dental treatments (including check-ups and treatments, fillings, crowns, bridges and hygienist fees), optical (including sight test fees, glasses, contact lenses, repairs, swimming goggles and sunglasses), physiotherapy, osteopathy, chiropractic, acupuncture, homeopathy, chiropody, podiatry, new child benefit (single payment paid on birth or adoption of a child) and hospital benefits.
How much does it cost?
This is dependent on the level of cover you choose and can be as little as £5 a month or as much as £40 a month. It is important that you research what is included in the policy and if it is of benefit to you.