Despite the positive attempts by the National Health Service to cut the 'waiting time' for non life threatening operations, it is still considered by some to be too long a time to have to wait. An operation which is carried out in a private hospital can be performed earlier, thereby allowing the patient to resume a normal active life, than might otherwise have been the case. The disadvantage is that all the costs must be paid for out of the patient's private resources.

By insuring against the risk occurring the Insurance Company will meet all or part of the medical bills, thus relieving any financial personal stress.

It is important that the patient informs the insurance company of their intention before undergoing any treatment. This will bring to light any restrictions in cover before the cost is incurred.

Most companies have common exclusions on their plans, this can include chronic illnesses such as arthritis or diabetes, private births (unless complications arise), and dental cover is usually excluded (unless resulting from an accident). 'Top of the range' plans may however include these.

Some plans may divide hospitals into 'inner city' or 'provincial', and it is therefore important to ensure that the hospital which is chosen, appears on the insurance companies list. The hospital should be approved by the insurer for the both the treatment intended, and should be within the band of cover which was selected at the outset.

The premium level is only a part of the overall contract. If a limited financial budget is critical and low cost Private Medical Insurance is necessary, then a 'standard' plan with an excess is an effective way of reducing costs without sacrificing the level of cover. To opt for a 'budget' plan would mean accepting a less comprehensive level of cover for the lower cost premiums.

Contracts are usually renewable annually, and premiums may increase with age. Discounts may be available for certain professions, or because of a long no claims record.

Areas of importance include whether a plan makes provision for Inpatients and Daycare, Outpatient care, or alternative medicine and auxiliary benefits.

Inpatients and outpatients are priority care areas, and limitations on cover should be avoided. Inpatients and outpatients cover provides for hospital charges, specialist's fees, and any additional costs such as ambulance and nursing fees.