Frequently Asked Questions

As a company that helps people find the perfect solution for them, their family and business, we have been asked hundreds of different questions in relation to employer health insurance. We have decided to answer some of the most common on this page.

How Much Does Health Insurance Cost An Employer?

The cost of Private Medical Insurance depends on a number of variables. Some of which are:

  • The amount of cover available within the policy, 

  • The number of employees on the cover.

  • The age of the members on the cover. 

  • The postcode of the business.

  • What hospital list you have access to.

  • Whether you are providing single cover/ single parent cover or family cover. 

  • Whether underwriting is being carried over from an existing policy.

  • Insurance premium tax

  • Medical inflation

Can I Cover Pre-Existing Conditions?

You can purchase health insurance if you have a pre-existing medical condition. But most policies place guidelines for what they can pay out to treat pre-existing conditions. A pre-existing condition is anything you have had medical treatment for in the past. This includes consultations, medication, surgery, or any other treatment from the NHS or a private company.

If you are starting a new policy and have not had private medical insurance before then this policy will be considered a “virgin policy” and your underwriting will be discussed before your policy starts. 

It’s the underwriting that determines what you can and can’t claim for under the terms and conditions of the policy.

Are There Any Age Limits On Employee Health Insurance?

There is an assumption by most health insurance providers that a group private medical insurance policy will cover employees whilst they are employed by the company. As such they would assume that most employees will remain on the cover until they retire or leave the business. Each insurer, however, will have specific details within their terms and conditions.

Can Family Members Be Included In A Policy?

Yes, most policies will allow the business to include cover for employees’ partners and dependents. This can be funded in full, or part-funded by the employer. HMRC will request the employer report on the amount they pay in total for their employee’s health insurance and this will need to be captured in the P11D as health insurance is deemed a benefit in kind.

Do Older People Have To Pay Higher Contributions?

Yes, older members of the policy will likely have higher premiums as the policy pricing is based on risk.