Retirement Planning - Paying your way

The NHS is improving – or so the Government wants us to believe. True, waiting lists may be coming down in some areas. But there are still delays for common procedures and not everyone wants to be treated in a ward – or run the risk of catching a superbug. On retiring and leaving the safety of a company-paid private medical insurance (PMI) scheme, the cost of buying cover can come as a nasty shock. Others may simply find they cannot afford the price once they are over 50. And, for those in robust health, paying regular premiums and having no claims can simply seem like money down the drai...