Switching Health Insurance
We use our knowledge and experience of the health insurance market to help you smoothly switch providers if it’s in your best interest to do so.
Why Switch Your
Private Health Insurance Provider?
By switching provider, you can:
Even if you already have private health insurance, there are many reasons why you should consider changing your current plan provider:
Let us find you the best quotes
** a £50 voucher for M&S or John Lewis will be sent to you after switching to a policy we recommend once you paid your second monthly premium to your insurer.
How Can Healthcare Clarity Help You Switch Health Insurance?
Healthcare Clarity is a private health insurance agent covering the whole market. This means we work with the UK’s largest companies offering insurance policies like Bupa and AXA Health and insurers with a smaller market share such as The Exeter. We explore every available option and offer free, expert advice so that you can change your health insurance provider with no trouble.
We focus on finding competitive prices for our clients and ensuring they are getting the best advice and can make informed decisions about their medical insurance policies. However, we will only recommend a switch if it really is in your best interest.
How to Change Health Insurance Provider
Switching your health insurance provider is easy. Follow these steps to find out if changing your current insurer is the right decision:
Step 1 – Request a quote, and one of our advisors or insurance experts will return your call and discuss your specific requirements.
Step 2 – We check the market and look at prices and underwriting terms to identify among the cheapest options the best long-term healthcare plan for you.
Step 3 – You receive insurance quotes and an advice letter explaining our findings.
Step 4 – You decide whether to switch or stick with your current health insurance company.
Step 5 – If you’re switching, our insurance experts will help you secure the policy and offer ongoing support for the plan’s duration.
Step 6 – We’ll get in touch ahead of the renewal date and check the market to see if it’s worth switching again to a new insurance company.
Top Tips for Switching Your Health Insurance
- Review your current policy before renewal
- Explore the whole market so that no stone is left unturned
- Establish what health coverage type is important to you
- Seek help from recommended sources to make decisions with confidence
- Exclude conditions without fully understanding the consequences just to save hundreds of pounds
- Start a new underwriting until you have received expert advice
- Add downgrades (like a six-week option) if you’re unsure of the impact
- Cancel an insurance company policy without speaking to a health insurance professional with years of experience with insurers
Switching Health Insurance
You would need to cancel your policy with your soon-to-be previous insurance company, especially if your purpose is to pay lower insurance rates or premiums and get extra discounts and perks. However, you can continue it if you want to, depending on your current financial situation.
After all, there’s nothing wrong or illegal with having more than one health insurance. Just make sure they have different levels of cover to avoid wasting money and ensure you have extra coverage options you might need in the future.
If you just bought a policy and want to cancel it because you changed your mind or suddenly realized you want to check other insurance carriers, you can do so within the cooling-off period. This period begins when your policy from your soon-to-be previous insurer starts or once you’ve received your proof of insurance documents.
As per the law stating the consumers’ right to claim, you have a minimum of 14 days cooling-off period. You’ll find, though, that some insurance carriers offer more extended cooling-off periods, so ensure you check your policy’s terms. Contact your insurer as soon as you plan on cancelling within the cooling-off period to inform them and learn about their cancellation process.
After the cooling-off period, there are some things to keep in mind when deciding to cancel your plan. First, it’s best to wait for the new policy so that you can review the health coverage offered and/or if the costs by coverage are more reasonable than your current provider. It’s also important to check the coverage period since overlapping insurance claim submissions for several major insurance policies or insurance carriers is illegal.
If you found that the new insurer meets your needs better than the previous one, it’s best to wait for your current policy’s renewal due date before cancelling. This will be cheaper and easier for you. You also need to check your policy terms since some insurance carriers have an automatic annual renewal feature.
Another thing to remember is that direct debit cancellation isn’t equivalent to insurance policy cancellation. Thus, it’s best to call your insurer ahead of time to inform them that you won’t be renewing your policy.
Like most countries, the UK has health insurance cancellation stipulations that you need to check, and some states have a special set of specific rules. Some will require you to pay tax or a cancellation fee. The same goes for insurers; some will charge you, while others won’t. This fee will also depend on the exact period you cancelled your policy.
You don’t necessarily need to wait until your insurance or care plan’s renewal date before you switch health insurance providers. If you are charged on a monthly basis, you’ll only have to pay a cancellation fee to get out of your policy early if you’re with Vitality Health insurance company, which charges a £40 admin fee. It’s more difficult to switch mid – policy if you pay annually, but it’s certainly not impossible. Whatever your circumstances or current life situation, we can give you free, professional advice and answer your questions about cancellations mid – policy.
Many people with pre-existing conditions assume they can’t change provider and feel stuck with the current insurance company when their premiums become unnecessarily unaffordable. This isn’t actually the case.
Generally speaking, if you haven’t seen a medical professional other than a GP in the last 12 months, and you have no upcoming specialist appointments or hospital stays, you should be able to switch without exclusions. In fact, some insurers may cover you even if you have an outpatient visit planned or pending, allowing you to enjoy continuous coverage.
Our clients have saved between 10% and 60% by reviewing their health insurance or care plan and switching to a more affordable insurer or policy, with companies often providing a range of incentives to do so.
For example, Vitality Health Insurance Company offers discount opportunities, such as a discount of up to 15% with their switch & save promotion, at the time of publication. Meanwhile, other insurers may give you deals like two months free or a fixed price for a number of years. We’ll let you know exactly where you qualify for extra discounts.