How private medical insurance can help you cope with cancer
Posted by siteadmin on Monday 18th of December 2023
How private medical insurance can help you cope with cancer
Cancer impacts so many of us
Cancer is a disease that leaves very few of us untouched. Statistics from Cancer Research UK suggest that as many as one in two people born after 1960 will be diagnosed with some form of the disease over the course of their lifetime.
That’s the kind of statistic that makes you think. Little wonder that one of the most common questions clients ask is whether private medical insurance covers the disease. With soaring waiting times and the NHS stretched like never before, it’s one that has assumed ever greater importance.
The simple answer is, yes. Private medical insurance can cover all types of cancer.
What benefits can private medical insurance deliver?
Private treatment for cancer can give you shorter waiting times, a choice of hospitals and access to a wider range of better medicines and treatments, some of which are unavailable on the NHS. Most importantly, it provides you with the peace of mind that if you were diagnosed with the disease, there’s a policy tailored for you to tackle it head on. It’s important to emphasise that private healthcare never competes with the NHS, one of the country’s most treasured institutions. Instead, they work hand-in-hand, with the level of integration between the two very much your choice.
Prevention is always better than cure
According to Cancer Research UK cancer risk statistics, around four in 10 UK cancer cases are preventable each year. That’s an extraordinary figure and one which illustrates why a range of varied health insurance policies do all they can to encourage people to live healthy lives and make better health choices. Whether that’s support for quitting smoking or discounted gym memberships, these policies are designed to put your health first.
Early diagnosis can make a huge difference
Cancer treatment has come a long way, with survival rates (people who live for five years or more) up to 90% for common forms of the disease, such as bowel, breast and ovarian cancer, if they are caught early. The range of tools available to you via your private health insurance are both enormous and impressive, making that early diagnosis far more likely.
Treatment without delay
Once a diagnosis has been made, it’s imperative for treatment to start as quickly as possible. One of the greatest benefits of any private medical insurance policy is the ability to skip NHS waiting times. Even small delays can have a big impact. Private medical insurance can also open up a world of treatment options, which may not ordinarily be available to you on the NHS. Some policies even include the option of home-delivered chemotherapy and, in the worst cases, palliative care at home too.
Choosing the right policy
There are a range of options – and we’re here to help you make the choice which best fits your circumstances and your future and we can make sure you get all the information you need to decide whether private medical insurance is the right option for you.
Call us on 01908 062448 or drop us an email on info@colfinancial.co.uk
Approved by The Openwork Partnership on 06/11/2023
Should I consider private medical insurance?
Posted by siteadmin on Monday 18th of December 2023
Should I consider private medical insurance?
Life can be full of surprises. You can’t be prepared for everything. You may have some insurance to support you financially if the unexpected happens, but have you considered how private medical insurance might offer you and your family the peace of mind you need if your health takes a turn for the worst?
A growing trend
According to data published by The Telegraph, close to half a million people have taken out private medical insurance over the past year, as NHS waiting lists hit record leve...
New Blog - Everything you need to know about the 2023 Autumn Statement
Posted by siteadmin on Thursday 23rd of November 2023
On 22 November 2023, chancellor Jeremy Hunt delivered the Autumn Statement against a backdrop of a cost of living crisis and a looming general election.
It’s been a challenging year with inflation dominating headlines. While inflation has fallen, it’s still higher than the Bank of England’s 2% target at 4.6% in the 12 months to October 2023.
Ahead of his speech, Hunt faced pressure to reduce the tax burden on both households and businesses while there was speculation about a potential Inheritance Tax cut, which didn’t materialise.
In his ...
The 2023 Autumn Statement: Winners and Losers
Posted by siteadmin on Thursday 23rd of November 2023
UK Chancellor Jeremy Hunt’s 2023 Autumn Statement outlined, in his words, “eight months of hard work” and no fewer than 110 measures to help grow the British economy. Contained within are a raft of measures set to overhaul everything from minimum wage and benefit payments to tax, business investment, and more.
The Winners
Young and low-paid staff
Although the news was released ahead of the main statement, the announcement confirmed a large-scale increase to the national living wage, bringing the hourly rate from £10.42 to £11.44 (an i...
Autumn Statement - Key Highlights Blog
Posted by siteadmin on Thursday 23rd of November 2023
Reducing debt
- The government is reducing debt and borrowing, with borrowing forecast to be lower this year, next year, and on average over the forecast period compared to the OBR's March forecast.
- Underlying debt is also lower as a percentage of GDP, by an average of 2.1 percentage points across the forecast.
- The government is on track to meet its debt and borrowing fiscal rules with greater headroom against both rules compared to spring.
- The government has made available up to £14.1 billion for the NHS and adult social care and an add...
Should I consider private medical insurance?
Posted by siteadmin on Monday 13th of November 2023
Life can be full of surprises. You can’t be prepared for everything. You may have some insurance to support you financially if the unexpected happens, but have you considered how private medical insurance might offer you and your family the peace of mind you need if your health takes a turn for the worst?
A growing trend
According to data published by The Telegraph, close to half a million people have taken out private medical insurance over the past year, as NHS waiting lists hit record levels this autumn. According to government statist...
While the cost of living crisis may be putting a strain on your finances, read why cancelling your financial protection could be a dangerous way to save money
Posted by siteadmin on Monday 6th of November 2023
Centuries ago, Benjamin Franklin announced that...
“By failing to prepare you are preparing to fail.”
This is especially true when it comes to ensuring your personal finances are protected from the rainiest of days. However, with the rising cost of living likely putting pressure on your spending, you may be considering cancelling your cover, even when this could leave you more vulnerable than before. Read on to discover some of the reasons you should consider prioritising your financial protection over other cost of living worries.
...5 ways saving little and often could help you grow your wealth
Posted by siteadmin on Wednesday 11th of October 2023
When it comes to investing your money, making small regular investments can provide more benefits than investing a lump sum.
Through regular investing, you can invest a small amount into the markets every month. Investing little and often is a great habit to develop and instil in younger family members. Instead of saving up a chunk of money to invest in one lump sum, investing this way can make a significant difference to your overall levels of wealth over the longer term.
One big benefit of investing a small regular sum is that, you’re pu...
Is now a good time to remortage as the Bank of England base rate stays the same?
Posted by siteadmin on Wednesday 27th of September 2023
Is now a good time to remortgage as the Bank of England base rate stays the same?
Whilst the Bank of England base rate remains the same, interest rates are still the highest they have been in 15 years. So if you are one of the thousands coming to the end of your fixed rate deal over the next few months it’s very likely you’ll see your payments increase as a result of higher mortgage rates but it’s a common misunderstanding that the Bank of England base rate is directly linked to the mortgage rates on offer. There are many factors that det...
Healthy benefits included for you and your family? Little things that can make a big difference
Posted by siteadmin on Thursday 7th of September 2023
Healthy benefits included for you and your family?
Now those are some little things that can make a big difference.
Protection policies aren’t just there for when things go wrong. Many protection insurers include access to a range of health and wellbeing support services – and you don’t need to claim to be able to use them.
These services can make everyday life that little bit easier. From knowing you can have immediate professional support if your child falls ill, to having the tools to keep tabs on your health, these servic...
