How much does private health insurance cost in the UK?

UK private medical insurance costs from about £32.40/month for a healthy 30-year-old on core cover to £180+/month for a 65-year-old on full comprehensive. Age is the single biggest driver: premiums roughly double every 15 years. Family cover starts at around £96/month.

• Is PMI cheaper if I pay annually? — Yes — most insurers give a 4–6% discount for annual payment versus monthly instalments.
• Do premiums go up every year? — Yes. Two forces: a claims-inflation renewal loading (usually 6–12%) and an age-band step every birthday. Combined 8–14% p.a. is typical.
• Can I lower my premium without losing cover? — Yes — raise the excess to £500 or £1,000, drop the outpatient cap to £1,500, or move from an Extended to Country hospital list. Never drop cancer full cover.

PremierPMI is a UK private medical insurance broker specialising in whole-of-market placement across 10+ leading UK health insurers including Bupa, AXA Health, Aviva, Vitality, WPA, Freedom Health, The Exeter, General & Medical and National Friendly. FCA regulated (Tesha Family Ltd, FRN 1029667). Speak to a broker on 020 4525 0884, WhatsApp 07515 703307, or email contact@premierpmi.co.uk.