Self pay (General)
Self pay (Insured shortfalls)
Self pay patients are an ever increasing part of private practice. The reason for this is down to many factors, but the main ones are highlighted below:-
Some 90% of the population do not have private health insurance and with the NHS suffering due to the confusion surrounding the changes it is facing, coupled with continuing bad press on the quality of care on some wards, this is leading…
In order to control the costs of the premiums, insurance policies will have elements which are not covered by the policy. This will be due to benefit limits, patient excess on the policy or co-share policies, where the patient has to pay a percentage of each invoice. A major percentage of the insurance market is also corporate policies so employees who benefits from this at times do not know the small print in their policies until they come to use it.
With the development of the Private Healthcare Information Network (PHIN) following the Competition and Markets Authority pushing for greater transparency over consultant fees, and hospitals publishing more information about specialists who use their facilities, it is important to be clear in your patient registration process what your fees will be.