When a married, semi-retired couple from Morpeth received notification that their joint health insurance policy would once again be increasing in price with no change to the benefits, they decided to find out whether they were signed up to the right policy for them.
Seeking the assistance of Ponteland Healthcare Solutions, the couple explained that they had assumed that a joint policy would be cheaper and provide the best cover for them both. They had received no satisfactory explanation from the issuer about why the policy kept becoming more expensive.
Having researched the policies available to the couple, taking their individual health and life circumstances into consideration, PHS advised two steps.
The husband was advised to change his policy immediately to a policy that offered the same level of cover with no medical exclusions but at a lower cost.
As his wife had been receiving treatment for a medical condition, she was advised to remain with the current provider in her own name until her consultant had signed her off. At that point, an alternative policy was found with excellent cover, no exclusions and at a significant saving in cost."
Contrary to popular belief, it is not always cheaper to take on a joint policy for couples," concluded PHS. "In addition, joint policies can often penalise one party for the ill-health of their partner - a situation that can be avoided with a little professional advice."
