Cash plans are an increasingly popular form of private medical insurance. Cash plans are there to cover you up to a certain limit for those day-to-day medical expenses that, without a cash plan in place, can quickly mount up to a significant sum. With different cash plans offering financial cover for a wide range of medical procedures and services such as over-night stays in hospital, glasses, dental bills, physiotherapy, chiropractor and many more. Cash plans are seen by many as being one of the most cost-effective private medical insurance solutions on the market where they can in some cases pay back five times what they cost (source).
Cash plans work by being able to claim back, up to a certain point, the expenses you may incur for medical treatment. These expenses are claimed by submitting the receipt of the medical treatment to the insurer with which the cash plan policy is held.
The number of cash plans on the market is, however, daunting with hundreds of different options to choose from. ADVO Group have a expert level of knowledge of the cash plan market are are here to offer you their free, independent advice. Make sure you get the cash plan that is the perfect match of your needs and speak to one of our advisers today.