Aviva is offering new cost-saving options on its Healthier Solutions individual health insurance product. It has added two reduced outpatient benefit options and a choice of higher excess options, both for significant premium discounts.
You can now choose to reduce the out-patient cover by selecting either a £500 or £1,000 limit for specialist consultations, diagnostic tests, specialist referred treatment by a physiotherapist, chiropractor or osteopath and psychiatric treatment as an out-patient. The £500 limit cuts the cost by 30% and the £1000 limit cuts the cost by 15%.
There are two new high excess options; an up to 65% reduction on premiums by choosing a £5000 excess and up to 50% reduction for a £3000 excess. There is also a no excess option and a choice of £100, £200, £500 and £1000 excess.
Neal Archbold at Aviva says, “While many customers still want the comprehensive cover available as standard on the policy, feedback shows that there is an increasing appetite for higher excess options and reduced out-patient cover. The high excess option will not appeal to everyone, but those who are happy to contribute towards their medical treatment have the choice to do so in return for significant premium discounts.”
Private medical insurance: News update: 11 February 2010