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HealthcareDeposit AccountPrivate medical insurance with a real dierence
An introduction
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About us
National Friendly is a healthcare provider with over 140 years o experience. We were ormed way back in
1868, long beore there was a National Health Service. In act, we were asked by the government to help
run state healthcare rom 1912, and then later in 1948 help set up the NHS as we know it today.
As a riendly society, we do not have any shareholders. Instead we use our prots to benet our
customers, who are our members. By working solely or our members, we can ocus on providing only
the best services possible.
Which is why, when you open a Healthcare Deposit Account, you enjoy all the advantages membershipbrings.
As a riendly society and a mutual, we use our profts to beneft our members
This brochure is an overview o our Healthcare Deposit Account. I youd like more inormation,
please read the Your policy explained document.
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Why do I need privatemedical insurance?
1 Treatment in hygienic surroundings
With superbugs and MRSA threats constantly being reported, 62% o people taking private medical
insurance said that gaining access to clean hospitals was the main reason why they opted or private care 1.
2 Access to treatment quickly
The government has stated that no one should have to wait more than 18 weeks rom reerral to
treatment on the NHS2. However, eeling unwell or in pain or 18 weeks can be too long to bear
or many. Private medical insurance gives you access to treatment immediately ater diagnosis,
eliminating the anxiety o waiting or medical care.
3 Private acilities
Whether you choose to have your treatment in a private hospital or be treated privately in an NHS
hospital, you can enjoy the privacy o your own en-suite room.
4 Choice about where you are treated
As a private patient, youll have more choice about where you want to be treated, who treats you and
when you want the treatment to take place. Youll avoid the postcode lottery oten associated with some
orms o healthcare3.
Getting quick and easy access to the right health cover when you need it is essential.
Whilst the NHS aims to treat everyone as quickly as they can, oten they are so overstretched
that this isnt always possible. Thats where private medical insurance can help.
Private medical insurance can provide peace o mind along with reedom o choice when it comes to both
your health and the health o your amily. For an agreed monthly payment you get quick access to a wide
range o treatments at clean, private hospitals, anywhere in the country.
1http://www.privatehealth.co.uk/news/september-2006/superbugs-patient-concerns/?locale=en
2http://www.dh.gov.uk/en/Publicationsandstatistics/Statistics/Perormancedataandstatistics/18WeeksReerraltoTreatmentstatistics/index.htm
3http://www.telegraph.co.uk/health/2700686/Healthcare-postcode-lottery-means-patients-losing-out-on-cancer-treatments.html
4 reasons or choosing private medical insurance
When you consider the benets o private medical insurance against the reality o standard healthcare,private medical insurance really does start to make sense.
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Private medical insurancewith a real dierence
Traditionally, private medical insurance has been considered by some as expensive and restrictive when it
comes to claims, and even wasteul with some people being covered or an amount ar greater than
they need.
Thats why the Healthcare Deposit Account has been created. It provides ast and comprehensive
healthcare when you need it most, but in a very dierent way. Unlike other policies, your premiums wont
increase each year and youll build a cash und which youll use towards each claim. The way the plan is
set up keeps your premiums to a minimum, making this cover very aordable.
Why were unique
Problems withtraditional cover
The benefts o the HealthcareDeposit Account
Yearly premium increases
Each year your premiums are reviewed based on
your current age and health, so theyre likely
to increase.
Fix your premiums or lie
We will never increase your monthly premiums,
well just increase your minority share o each claim
when you reach 65. So, as your minimum premium
is based on your joining age it makes sense to join
sooner rather than later.
Reduced premiums may mean reduced cover
Reducing the cost o premiums usually means
limiting the number o benefts you can claim or.
Comprehensive cover
Cover includes consultations, surgery, recognised
alternative therapies, cancer and heart treatment.
You are also covered or a range o dental and
optical claims as standard.
Rejection on renewal
I your health has deteriorated, its possible that your
cover wont be renewed or the ollowing year.
Cover or as long as you want it
Your Healthcare Deposit Account continues or
as long as you want it to with no renewal notices
or premium reviews. Well simply write to you
each year to confrm how much you have in your
personal deposit account.
Excess to pay when you claim
You suddenly need cash to und towards your claim.
You simply pay your share and no more
This is a simple deduction rom the balance you have
built with us.
Limited choice o treatment location
You may have to use treatment providers that have
already been designated.
Choose rom unrestricted network o hospitals
You can choose where you have your treatment.
More cover than you needSome minimum levels o annual cover are sometimes
unnecessarily high, which increases premiums.
You select your level o cover and premium
From 5,000 to 100,000, you select the amount
o cover you think you need. This, along with your
age, will dictate your monthly premium. So you
can select a monthly premium that you know you
can aord.
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Plus extra benefts
You wont pay or other peoples claims.
We wont infate the premium o those who dont claim to subsidise those who do.
Your individual premium is based on you and you alone not our other customers.
Cash back or NHS stays. I you decide to have treatment in an NHS hospital you can
claim cash back or up to 10 overnight stays.
Problems with traditionalcover (continued)
The benefts o the HealthcareDeposit Account (continued)
No claims discount
They always sound good, but i you claim even a
small amount you lose your no claims discount and
premiums can increase substantially.
Your health is important
We consider your health too important so we never
discourage you rom claiming. I you do claim, it
will not aect your premiums.
Limits on certain claims
You may only be covered up to a certain amount
each year or some conditions/treatments.
No limits or separate procedures
All medical claims can be claimed rom your annual
allowance. Only dental & optical and NHS claims
have separate set limits.
Compromise on how quickly you can get cover
Some less expensive policies only allow you to go
private i you have to wait weeks or NHS treatment.
Youll be seen straight away
With the Healthcare Deposit Account, you always
have the option to go private straight away with
an unrestricted choice o UK1 private hospitals and
treatment locations. Or, i youd preer to save
money on treatment, you can opt to use the NHS.
I youre unsure, our claims process is managed by
doctors and nurses wholl give you proessional
medical guidance throughout your treatment to
help you decide.
1For the purposes o this plan this means England, Scotland, Wales, Northern Ireland, the Channel Islands and the Isle o Man.
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What we cover- a summary
With the Healthcare Deposit Account you can eel reassured that the competitive monthly premiums youll
pay will provide the comprehensive cover youd expect.
This is a brie summary o what we do and dont cover. For ull details please read pages
12-14 in the Your policy explained document.
Included
Medical cover
3Hospital charges3Consultant ees3Radiotherapy and chemotherapy3Cancer treatment3Heart surgery3Other surgery (including minor and oral)3Psychiatric treatment (acute)3Specialist consultations3MRI, CT PET scans3Other diagnostic tests3Physiotherapy3Chiropody/podiatry3Chiropractic/osteopathic3Alternative therapies3Nursing at home3Private ambulance3Dental cover (ater frst 6 months)3Fillings, dentures3Optical cover (ater frst 6 months)3Glasses, contact lenses, laser eye treatment
ater 2 years
3NHS hospital stay cashback
Excluded
Medical cover
7Any condition you had beore you joined,unless we knew about it when you joinedand agreed to cover it OR you opted or
moratorium cover and have had no symptoms
or at least two years during the policy
7Costs in relation to childbirth orertility treatment
7Cosmetic treatments7GP charges7HIV or AIDS related conditions7Long-term conditions7Out-patient drugs and dressings7Overseas treatmentDental cover
7Check upsOptical cover
7Eye tests
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What our cover costs
The Healthcare Deposit Account gives you the reedom to decide how much cover you need or the
monthly premium you can aord.
You simply look up your age, choose how much cover you require and this tells you how much your
monthly premium will be. Your premiums are xed or lie so you will never be aected by premium rises i
we change them in the uture or new customers.
The table below shows the maximum levels o cover available each year, but the amount you
can claim will also depend on your personal deposit account balance.
1Available or the rst ten years o policy only 2Maximum ten nights per annum
Choose your premium Maximum cover available each year
Fixed monthly premium basedon your joining age
10 yearTop-up1premium
DepositAccountMedical
cover
10 yearTop-up1medicalcover
Dental &opticalcover
NHSpaymentsper night2
Age 0 -17 18 -29 30 -49 50 -60 61 -64 65-70
10 3 7 7 7 7 7
Either
10
or
15
5,000
Either
30,000
or
45,000
150 10
20 3 7 7 7 7 7 10,000 300 20
30 3 3 7 7 7 7 15,000 450 30
40 3 3 3 7 7 7 20,000 600 40
50 3 3 3 3 7 7 25,000 750 50
60 3 3 3 3 3 7 30,000 900 60
70 3 3 3 3 3 3 35,000 1,050 70
80 3 3 3 3 3 3 40,000 1,200 80
90 3 3 3 3 3 3 45,000 1,350 90
1003 3
3
3
3 3
50,000 1,500 100120 3 3 3 3 3 3 60,000 1,800 120
140 3 3 3 3 3 3 70,000 2,100 140
150 3 3 3 3 3 3 75,000 2,250 150
200 3 3 3 3 3 3 100,000 3,000 200
Explaining the top-up cover
You have the choice o either 10 a month which gives you an extra 30,000 o medical cover, or
15 a month which gives you an extra 45,000 o medical cover.
Your personal deposit account balance will be used towards the claim rst, beore the top-up is used.
Your top-up cover will reduce each time you use it .
The top-up does not include cover or dental or optical claims or NHS hospital stay payments.
It lasts or ten years or until it runs out, whichever is sooner. At this point you should ensure your
personal deposit account balance is enough to cover your own share o any claims.
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HealthcareDepositAccountscheme
Fixedmonthlypremium
50 a month
Top-uppremium 10 a
month= 30,000medical cover
Personaldeposit account
25 a month
x 24 months
= 600
Claim payment600 x 10= 6,000
+ 4,000 fromtop-up cover= 10,000
2525
10%90%
Miss Lanes medical bill is paid in
ull and her 30,000 top-up is
reduced by 4,000 to 26,000.
A claim in action
Miss Lane is 55 years old
She pays 50 a month xed premium and 10 top-up premium
Shes been a policyholder or 2 years and has made no claims
She has her ull 30,000 medical top-up available
She needs to make a medical claim or 10,000
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Healthtrust Ltd is authorised & regulated by the Financial Services Authority
You can apply to join the Healthcare Deposit Account by printing off and
completing one of the applications forms listed here. Either send it to the
address below or fax to 01794 330 090.
Use this application form if you are generally well and have no existing
medical conditions - apply here
Use this application form if you have some existing medical conditions
to declare - apply here
Use this application form if you have existing medical conditions and
also currently have private medical insurance cover - apply here
You can download the full policy document detailing all the benets, terms
and conditions by clicking here.
PO Box 273 Romsey SO51 9WZ
T: 0800 083 4116
F: 01794 330 090E: [email protected]
www.healthtrust.uk.com
P R I V A T E M E D I C A L I N SU R ANC E A DV I C E
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