A health cash plan is a low cost health plan that pays cash lump sum towards the cost of wide range of treatments such as dental, opticians, hospital stay and alternative therapies.
A health cash plan is different from health insurance or private medical insurance because it is designed to cover everyday healthcare needs, whereas health insurance covers conditions which may or may not arise.
The main advantage of a Health Cash Plan for a diabetic is that unlike health insurance, the cash plan does not take into account existing medical conditions such as diabetes and there is no need for a medical screening.
The traditional health insurance for a diabetic can cost the earth and although the cash plan is not a replacement, it is a good alternative to cover some of the basic healthcare costs.
Other advantages include:
- Children are usually added free of charge
- Premiums are not based on age, gender or current state of health
- Cash back on dental check-ups, investigations, X-rays and hygienist visits
- Includes cover for optical costs like sight tests, prescription glasses and contact lenses
- Up to 4 children (under the age of 18 living at home) get the same level of cover as you
What does it cover?
This will vary from provider to provider and the level of cover you choose but generally a health cash plan will cover:
- Cost of dental treatments (including check-ups and treatments, fillings, crowns, bridges and hygienist fees)
- Optical costs (including sight test fees, glasses, contact lenses, repairs, swimming goggles and sunglasses)
- New child benefit (single payment paid on birth or adoption of a child)
- Hospital benefits
How much does it cost?
This is dependent on the level of cover you choose and premiums can vary. It is important that you read the policy carefully to make sure it meets your needs.