It is a frequent query of many about the average cost of family health insurance in the UK. While there are rough estimates based on recent experience that can be provided by our private medical insurance brokers, costs do change quite drastically. To provide a better answer to this frequent query, we have compiled current quotes from top providers to present you with a better idea of family private health insurance prices.
Significant Point
The figures given here are predicated on some assumptions and should therefore not be the same as your personal costs. The quickest and most precise method of determining how much your family’s policy will be is to ask for a personalised comparison quote.
What Affects the Price of Family Health Insurance?
Private medical insurance in the UK is very personalizable, and numerous factors determine costs, particularly for covering more than one family member. The primary factors that impact your family policy premium are:
- Number of individuals on the policy
- Age of family members
- Area in the UK
- Family health history
- Whether parents are or were smokers
- Current cost of private medical treatment and procedures
- Hospital list chosen
- Policy excess value
- Underwriting approach (moratorium or full medical underwriting)
- Coverage level (inpatient, outpatient, or both)
- Optional extras such as physiotherapy, dental, or travel cover
Physiotherapy and Other Therapies
Lots of families would like to have physiotherapy or complementary therapies as part of their policies. Some insurers automatically add it in, but this is not always the case. If it’s something that your active lifestyle requires, make sure it’s included—your broker can help you navigate the best one.
How We Calculated the Average Costs
To provide estimates of family health insurance prices, we obtained quotes for notional families of 3, 4, and 5 members. We referenced our research on:
- Ten locations across the UK (London, Manchester, Birmingham, Glasgow, etc.)
- Five major providers’ quotes: Bupa, AXA PPP, Vitality, Aviva, and WPA
- Moratorium underwriting (excluding any treatment for conditions within the last 5 years)
- A policy excess of about £200
- £500 outpatient cover per member included
- No other extras such as dental or optical
- Children all below 15 years old
- Parents’ ages range from 20, 30, 40, 50, and 60 years old
- Inpatient and outpatient treatment comprehensive policies
Average Monthly Premiums by Family Size
Family of 3 (2 adults + 1 child below 15)
| Parents’ Ages | Monthly Premium (£) |
|---|---|
| 20 | £85.65 |
| 30 | £111.35 |
| 40 | £126.59 |
| 50 | £166.49 |
| 60 | £241.85 |
Family of 4 (2 adults + 2 children below 15)
| Parents’ Ages | Monthly Premium (£) |
|---|---|
| 20 | £94.77 |
| 30 | £118.39 |
| 40 | £139.37 |
| 50 | £178.16 |
| 60 | £251.07 |
Family of 5 (2 adults + 3 children below 15)
| Parents’ Ages | Monthly Premium (£) |
|---|---|
| 20 | £117.39 |
| 30 | £144.33 |
| 40 | £172.37 |
| 50 | £215.51 |
| 60 | £295.79 |
Key Takeaways
- The age of the adults in the policy has a profound effect on the cost.
- Children add expense, but less so than adults’ ages.
- Location, underwriting process, and amount of cover all have significant roles to play.
- These are averages for illustrative purposes only.
Ready to Find the Right Policy for Your Family?
For a personalized quote according to your individual situation, ask for a free comparison. Our skilled brokers will assist you to obtain cheap, appropriate private health insurance to maintain your family insured.