Pricing
Pricing
How Is Private Medical Insurance Priced?
Private medical insurance pricing varies from business to business and is tailored to your specific workforce and requirements. There is no one-size-fits-all cost.
Premiums are fundamentally calculated based on the age profile of your employees, your business postcode, the level of benefits you choose, and each insurer’s own pricing structure. Factors such as outpatient cover, excess levels, hospital networks, and group size can also influence the final premium.
Every organisation is different, we provide personalised quotes to ensure you receive cover that aligns with your budget while delivering the right level of protection for your team.
Real Client Examples
Example Premiums Based on Real Clients
Below are real-world examples showing how age, postcode and group size influence pricing. These are illustrative examples, your quote will be tailored to your business.
Some businesses choose to include family members. Family cover can be employer-funded or salary deducted, depending on your structure.
It’s also worth noting that long-standing clients often started on lower premiums when first taking out cover.
Employee Size | Additional Family | Area | Monthly Cost | Equater to x Per Head |
Company of 1 Owner | Plus 3 Family Members | Leicestershire | £85 | £28 |
Company of 2 Employees | Plus 4 Family Members | Birmingham | £195 | £32 |
Company of 10 Employees | Plus 9 Family Members | Northamptonshire | £546 | £28 |
Company of 16 Employees | Plus 8 Family Members | Leicestershire | £1,045 | £43 |
Company of 19 Employees | Plus 10 Family Members | London | £2,111 | £72 |
Company of 23 Employees | None | Derbyshire | £283 | £12 |
Company of 111 Employees | Plus 56 Family Members | Leicestershire | £3,378.09 | £20 |
* Figures as per 2025/2026 premiums
Can You Get It Cheaper Elsewhere?
Insurers provide brokers with the same base rates, pricing is designed to be fair and consistent across the market.
While very large corporate brokers may occasionally secure slight advantages, the real difference lies in:
How your policy is structured
How your cover is negotiated
The level of ongoing service you receive
We pride ourselves on honest advice, strong negotiation, accessibility, and long-term client relationships.
The Cost of NOT Having Private Medical Insurance
- Your stress levels whilst on a waiting list affecting your productivity in life
- Your staffs stress levels with extra work as others are off ill waiting to be seen by a GP
- Higher Absenteeism and presenteeism
- All affecting the bottom line:
- £47 billion lost annually in the UK for days not worked
- £21 billion lost with illness whilst at work reducing output (Presenteeism)
- £7 billion lost in re recruitment and conflict.
Be a GREAT employer. Enquire about private medical costs today!
Get in Touch
Either call us directly on 01664 431196, or book a 15 minute discovery call, when it suits you best. Please choose an available date and time from our meeting calendar.