Company Health Plan or Insurance Policy?
Discussion
Hi everyone
My employer has given me the choice of either private health care or an insurance policy that would pay out a lump sum in the event of being diagnosed with something nasty.
From what I can gather through Google the insurance policy would not appear on my P11D but the private health care would. I don't know what kind of BIK the health care would attract.
Does anyone know of any advantages/disadvantages of one over the other?
I'd be most grateful for opinions.
Many thanks in advance.
My employer has given me the choice of either private health care or an insurance policy that would pay out a lump sum in the event of being diagnosed with something nasty.
From what I can gather through Google the insurance policy would not appear on my P11D but the private health care would. I don't know what kind of BIK the health care would attract.
Does anyone know of any advantages/disadvantages of one over the other?
I'd be most grateful for opinions.
Many thanks in advance.
You joined a motoring forum to ask a question about private health!
My bik for a private health policy is a few hundred per year.
As to which you should choose depends on whether you want to be able to use private health and beat the nhs waiting lists or just claim money if you have a qualifying illness and then you can keep the money and go nhs or buy yourself private treatment.
My bik for a private health policy is a few hundred per year.
As to which you should choose depends on whether you want to be able to use private health and beat the nhs waiting lists or just claim money if you have a qualifying illness and then you can keep the money and go nhs or buy yourself private treatment.
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