Private Medical Insurance renewals

Renewing your health insurance is usually straightforward, but it’s also a critical time to review your coverage and costs. Insurers typically send a renewal notice a few weeks before your policy expires, outlining any changes to your cover and your new premium. At Capture Health, we handle the renewal process for you—reviewing your existing policy, comparing it against the market, and negotiating on your behalf to ensure you’re still getting the best deal. If you’re happy with your cover and price, you simply agree to the renewal terms. If not, it’s a perfect opportunity to adjust your policy or consider switching providers. If you would like us to assess your current policy, just fill out the form at the top of the page and we will review your cover for free.

Yes, it’s possible that your health insurance premiums may increase after making a claim, but this depends on the insurer and the type of policy you have. Insurers often reassess your risk profile annually, and a recent claim can lead to higher premiums. However, not all claims will trigger an increase, especially for minor or one-off incidents. Factors like your age, health status, and claims history all play a role. At Capture Health, we review any premium changes at your renewal to ensure that you’re not paying more than necessary and explore alternative options if your renewal price seems unjustifiably high. To get in touch for a free consultation regarding your current policy, just fill in the form at the top of this page and one of our expert advisors will be in touch.

Reducing the cost of your health insurance renewal is possible with a few strategic adjustments. Here are some tips: 1) Increase your excess: Agreeing to pay a higher excess can lower your monthly premiums. 2) Review your cover: You might be paying for extras you don’t need, like dental or overseas cover. Tailor your policy to your current needs. 3) Shop around: Don’t just accept your renewal quote—let us compare it to other insurers to ensure you’re getting the best deal available. 4) Maintain a healthy lifestyle: Some insurers, like VitalityHealth, offer rewards and discounts for maintaining good health and fitness levels. We handle these adjustments for you, ensuring your policy stays both affordable and suitable for your needs. If you would like us to review your policy at no cost, just get in touch by filling out the form at the top of this page.

Yes, you can switch health insurance companies, and it’s often easier than you might think. Switching providers can help you save money or improve your cover, especially if your current insurer has raised premiums significantly or if your needs have changed. However, it’s crucial to check for any new waiting periods or exclusions, especially for pre-existing conditions. Your health is the most important thing and there is no point in switching to a policy that does not cover you when you need it most. At Capture Health, we handle the switch for you, by comparing the market to find the best deal that suits your current situation whilst considering your specific health needs. For a free review of your health insurance requirements, just fill out the form at the top of our page and one of our expert advisors will be in touch.

Switching health insurance providers has both advantages and potential drawbacks:

Pros:

Lower premiums: Switching can often result in cost savings, especially if your current provider’s renewal offer is uncompetitive.

Better cover options: New insurers may offer better benefits or more suitable cover for your needs.

Enhanced customer service: Moving to a provider known for better customer support or faster claim handling can improve your overall experience.

Cons:

Waiting periods: New policies may include waiting periods for certain treatments, which could delay access to care.

Pre-existing conditions: Switching can sometimes mean reduced cover or exclusions for conditions you developed under your previous policy.

Disruption: The process of switching can feel disruptive, especially if you’re in the middle of ongoing treatment.

At Capture Health, we help you weigh these pros and cons carefully, ensuring that if you do switch, it’s a beneficial move that meets your health and financial needs.