Private health insurance is there to cover some, or all, of the costs of medical treatment, whilst giving you more choice and faster access to consultations, diagnosis and treatment.

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The Guardian reported that the NHS waiting list could reach 7.4 million by 2024. Today, it has already reached that number. They went on to say that the back log could hit between 7 million and 12 million by 2025. BBC News reported that 1 in 9 people are on the NHS waiting list and 1 in 20 have been waiting for treatment for more than a year.

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A report published in 2022 by Laing & Buisson stated that 10.6% of the population are covered by private medical insurance. Demand is particularly highest in the 45 to 64-year-old age group. According to one survey, more than one in two people would self-pay for private treatment. And a survey conducted by The Exeter found that of those self-paying for treatment, 44% used and 15% used a loan facility. The case for paying for private medical insurance on a monthly basis is very compelling.