It is important to compare health insurance on a regular basis to make sure you have the right policy to suit your needs – we recommend you do this every year for the maximum benefit.
Not only does this give you the opportunity to check the specifics of your cover, but also makes sure that it still suits your budget.
If you are suffering from a particular health condition then this is crucial – your health care needs will change as time goes on, so your health insurance policy should adapt as well.
It is not only individual cover that needs to be regularly assessed, as family health insurance policies are also likely to need changing every so often.
When the time does come to switch providers, you must make sure that all payments with your current policy are up to date, otherwise the process could be slowed down significantly.
Although there is no legislation in place, the majority of health funds will permit a level of portability for some extra services such as dental and ancillary cover.
If a fund offers portability to its extras cover, it is required to inform new members of any decreased benefits they may face.