Posted 22 Oct 2020

Medical insurance for people with diabetes

People with chronic medical conditions like diabetes, often don’t consider health insurance or medical insurance. The fact is that there are options for people with diabetes to get affordable medical insurance.

You could get comprehensive medical insurance that covers a wide range of treatments and specialist care. One of the most common reasons for medical insurance is Cancer Cover which would be included for people with diabetes.
People with chronic medical conditions like diabetes, often don’t consider health insurance or medical insurance.
Most brokers don’t offer medical insurance for people with diabetes because your existing condition won’t be covered. They don’t consider the things that are still covered and great value for money!

Health insurance and diabetes

Here are some of the main questions that we get asked by our customers with diabetes when we look at medical insurance for them.

More information about HEALTH INSURANCE

What isn’t covered by medical insurance for diabetics?

All medical insurance policies will exclude a pre-existing medical condition, but this isn’t always an issue. Medical insurance is designed to complement any treatment that you are already receiving or have already received.

Diabetes care, for example, will be treated and monitored by your GP or via the NHS which is usually very comprehensive. You’ll continue to receive this care from the NHS to help to manage your diabetes so this will not be covered.

If you have further medical or health problems connected to your diabetes, then these would also be treated under your NHS care.

What is covered by medical insurance for people with diabetes?

Medical insurance can cover a vast range of medical conditions and treatments, so you can build your plan to suit you. You’ve got a number of options with most types of private medical insurance, these include:

  • Core Cover
  • Cancer Cover
  • In-patient Care
  • Out-patient Care
  • Dental Cover
  • Global Travel Cover

If you’re a diabetic and you’ve been thinking about getting medical insurance, then these are all the things you can consider. You can tailor your cover to suit your needs and what’s most important to you.

How can I apply for medical insurance with diabetes?

There’s a couple of ways to go about getting health insurance for someone with diabetes and you can choose which is best for you:

Full Medical Underwriting

You could choose to go down the route of getting your application fully underwritten by an underwriter. In this situation, your application would ask for information about your diabetes and anything else pre-existing.

The main point of this option is to make sure that your existing and previous medical conditions are taken into consideration. This means that those conditions and related conditions would be excluded from the life of the plan.

The main benefit of this is that your premiums would be adjusted to take account of the things that won’t be covered.

This is a very sensible option for people with diabetes because it is a chronic condition, so would never be covered anyway. In this situation, you’d know upfront what is and isn’t covered so good for your own peace of mind.

Moratorium Underwriting

The other option for applying for medical insurance with diabetes is moratorium underwriting. This is the quickest and easiest way of applying for health insurance because you won’t have any medical questions to answer.

If you choose to go down this route then you won’t need to supply any medical information at all. You’ll just be asked to select which type of cover you want and what you want to be included in your plan.

When your policy is live, your medical history will only be taken into account at the point of a claim. Anything that you have experienced for a period of time before the plan was activated will be excluded.

How much does medical insurance cost for diabetics?

You’ve got loads of options for taking out a suitable and affordable plan when you apply for medical insurance. In the case of someone with diabetes, as detailed above you could go through medical underwriting which could help to reduce cost.

How you build your plan and what cover you need is entirely up to you. There are lots of options available which can reduce the cost of your cover, such as:

  • Excess
  • No claims discounts
  • Switch and Save
  • Cover options

How can I get cheaper medical insurance for diabetes?

By choosing the right cover and the right insurance company, you can keep the costs down. There’s a lot of different options, types of cover, and insurance providers which can be confusing.

You’ll be able to speak to one of our experts who can get quotes from some of the UK’s biggest health insurance providers.

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Daniel Sharpe-Szunko