Private Health Insurance Plan

Private health insurance is a type of health insurance covering medical costs, such as medicine, visits to the doctor or hospital stays, of the insured person.

Generally, Private health insurance policies provide cover for the costs of treatment for curable, short-term medical conditions.

Policies do not cover long-term or chronic conditions. This means, that cover will not be provided for an operation you have planned at the time of purchase of the policy. Excluded conditions are:

  • Asthma;
  • Multiple sclerosis;
  • Diabetes;
  • Alcoholism/drug abuse;
  • Dental treatment;
  • Infertility;
  • Normal pregnancy;
  • Cosmetic surgery.

Dental treatment is typically not covered by Private health insurance, but can be sold separately.

Private health insurance policies differ in what they cover. Insurance companies usually offer several packages, so that the customers can choose a plan that they really need and can afford.

Private health insurance plans can be divided as follows:

  • Standard health insurance plan provides fixed range of medical cover.
  • Budget plan  provides limited cover only for a small number of conditions.
  • Health care plan for Mature Adult/Elderly, developed for people aged over 50.
  • Health care plan for children.
  • Hospital treatment plans, where the customer receives a fixed sum and may have a treatment in any place he/she wishes.
  • Shared risk plan, where insured person is partially (25%-75%) responsible for treatment charges. In the result, the premium is significantly reduced.
  • Comprehensive plan includes full cover and is the type of policy giving you complete peace of mind.

Private health insurance coverage can generally be obtained for the period of twelve months. This plan can be rewritten, but is not renewable.


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