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PruHealth was launched in 2004 as a collaboration between Prudential and the South African Health Insurance leader Discovery. PruHealth combines the strengths of the two companies:
Prudential's brand and financial strength in the UK and Discovery's product, underwriting and management expertise for private medical care.
PruHealth PMI benefits everyone - not just those who claim PruHealth has become well known for its innovative approach which offers members incentives to look after their health through a unique Vitality programme.
This approach is based on the theory that the only sustainable way to manage costs is to manage the health of members. Those who engage with the Vitality programme could be rewarded at renewal. They also get great potential discounts with a range olVitalily partners to help them improve their health. and to treat themselves when they do.
An award-winning approach PruHealth has won several awards, both for innovation and product excellence. At the Health Insurance Awards in 2008, PruHealth secured the Best Individual PMI Provider Award for the third year running.
PRODUCT RANGE
- Individual private medical insurance
- Group private medical insurance
- Cost-plus and healthcare trust schemes
PRODUCT PORTFOLIO
PruHealth provides private medical insurance (PMI) that offers your clients the highest standards of care and treatment possible, PruHealth PMI can be tailored to suit different health and wellbeing strategies depending on your client's requirements. Better still, whichever plan your client chooses. they'll be able to take advantage of the following exceptional value-added benefits:
An extensive range of hospitals PruHealth members can be covered for treatment at over 200 private hospitals.
Gold standard cancer cover We were recently accredited with Cancerbackup's Gold Standard for cancer cover. We cover cancer in all forms at all stages, including palliative care
Fast and simple claims process Our requirements around claims and authorisation have been streamlined so that our members may not have to complete long-winded claim forms for standard claims.
Subsidised rates with our partners We offer great potential discounts With a range of health and wellbeing partners, including gyms, health screens. health resorts and smoking cessation programmes. along with reward partners fortravel and cinema tickets, providing a fully integrated corporate wellness solution for your clients.
For individuals
25% no claims bonus when they renew If members don't need to make a claim, they'll automatically get back at least 25% of this year's premium off the cost of next year's cover. By fully engaging in the Vitality programme. this discount can increase to 50. 75 or even 100%.
For groups
Personal Health Fund To pay for things not normally covered by PMI such as health screens and treatment for chronic conditions,
Member reward options To encourage employees to be healthier and reward them for not claiming. members could receive cash back at renewal. Or groups could opt to increase the member's Personal Health Fund which can be used for additional treatments not usually covered by PMI,
Profit share for employers For groups. we aim to reduce the cost of cover by taking 25% of this year's unclaimed premium* off the next year's renewal premium. We also cap any loading due to high claims at 10%. excluding age and medical inflation.
Note: Unclaimed premium is the difference between any premiums paid (before loadings or discounts) less any claims paid
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