Anne has recently been made redundant. As part of her employment package with her former employers, she was enrolled on a corporate PMI scheme. She wishes to carry on with this policy but does not believe that she can continue on the same terms as an individual. She has suffered from stress in the past which has caused her to have high blood pressure, for which she is on medication. Anne understands that restrictions would be in place but is willing to part-pay for her medical treatment. What, therefore, should she be looking at?
Warren Chew, Caprica Healthcare Most providers will offer a continuation option to the client on a Continued Personal Medical Exclusion (CPME) basis providing there is no break in cover. In general, providers now have personal plans that would be able to match the benefits of Anne’s existing cover all be it at a greatly increased cost. So there is likely to be an option available to Anne that provides cover for conditions that were eligible under the corporate plan. The key is to establish open communication and ideally arranging a face-to-face meeting before advising Anne. Once the fac...
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