We are the voice of insurance and long-term savings | Contact us

Health cash plan

A health cash plan is an insurance policy which helps to cover the cost of  everyday healthcare such as visits to the GP, dentist or optician.

Health cash plans are different from private medical insurance which provides more comprehensive cover for hospital surgery or hospital care.  

If you make a claim under a health cash plan you will get back some, or all, of the cost of your healthcare. Although you can buy health cash plans yourself, you may already by covered by your workplace.

Things to consider

  • what you need cover for such as prescription glasses or chiropody foot care?
  • whether you want individual cover or do you need to include family or loved ones?
  • how much can you afford to spend?
  • whether your employer provides healthcare insurance?

How it works

When you buy insurance, you will be asked to fill in an application and once it has been accepted you will be told when cover will start. Your application, or any declaration you make to your insurer, forms the basis of what your policy will cover. It is important to take reasonable care to answer the insurer’s questions as fully and as accurately as you can.

If you are unsure whether something is important, you should tell your insurer. If you do not, your insurer may refuse to pay your claim or could cancel your policy.

You pay premiums so that when you have to pay for a treatment covered by your policy you will be able to claim the costs back up to a pre-determined maximum, or you may be able to claim back the full amount.

What is typically covered

You can choose the type of cover that suits you. For example, you can be covered for:

  • optician sight tests and prescription glasses or contact lenses
  • chiropody foot care
  • physiotherapy
  • hospital surgery (limited to specific policies and certain types of surgery)
  • NHS prescription charges
  • dental check-ups and treatment 

Next steps

  • ask your employer if they have a healthcare plan in place and find out what it covers you for
  • talk to a financial adviser through the Association of Medical Insurance Intermediaries
  • go online and check out health cash plans
  • shop around to find the best type of health cash plan for you