With access to National Health Services being free of charge, it makes sense for people to opt for these healthcare alternatives instead of choosing more costly private health insurance. The National Health does not necessarily have the best reputation in many countries, but they offer assistance in all areas of medical healthcare and wellbeing services. This includes emergency hospital care to counselling services or adult care. Of course, there are those who believe private health insurance is more beneficial. This article will provide information on the top pros and cons to a health insurance authority.
The health insurance authority is a regulatory body for private health insurance companies in the UK and Ireland. Its primary function is to research the different health insurance agencies and monitor their functioning to determine if they are operating according to relevant prescribed regulations. The insurance authority must then advise the health minister on these results as they will safeguard the interests of existing and future insurance customers.
What Are The Different Benefits Of Using Private Health Care?
1. Reduced Waiting Times
One of the greatest benefits of opting for private health insurance is the reduction of waiting times. National Health services aim to meet patients approximately 18 weeks after referral; however, due to different pressures on the service, it is difficult to meet this target. In fact, getting an appoint to see a GP can be challenging. When using private health, the patient will be able to see a professional within two weeks and treatment can be provided shortly afterwards.
2. Private Facilities
When placed on a shared ward, one can become anxious regarding hospital stays but there is also greater pressure placed on the NHS hospital staff. Unfortunately, public services do not offer much choice to their patients. In the case of private health, the individual will be offered a private room making the stay more comfortable and promoting recovery.
3. Access To Specialist Treatment
Based on the high cost of specific specialist medication or procedures, NHS patients can be denied access to certain special treatment unless they are willing to pay privately. By using private health insurance, one will have all of these treatment options available for use.
What Are The Different Drawbacks To Using Private Health Care?
1. The Cost
Undoubtedly the most disadvantageous aspect of private health care insurance is the cost of the policy. National Health offers free healthcare regardless of the problem; therefore, paying for private healthcare can be viewed as an unnecessary luxury if the issue is a small one. Moreover, the price of these policies is often high making it difficult for the average individual to afford private health. Many providers do offer different coverage packages, so it is worthwhile to determine if one can afford this option as it is a good investment.
2. The Policy Restrictions
While private health insurance does offer access to various specialist treatments, it does present with limitations according to the policy type. It should be noted that not all policies will cover specific health conditions and this must be examined if the patient has a chronic problem. Expect to pay a greater amount for more flexibility or inclusive treatments.