There are 7 benefit categories and 7 cover levels. Each cover level gives you a pot of money that your employees can use towards everyday healthcare costs. Only 4 of the benefit categories have a maximum spend attached. Complementary therapies are not one of those categories.
When it comes to buying Health Insurance for your business, which underwriting can you choose? If you have a business with 15 or more employees then you could opt for Medical History Disregarded underwriting. This is also referred to as MHD. If you choose this underwriting type, your policy will cover pre-existing medical conditions. Why would you choose Medical History Disregarded Underwriting? When you buy Health Insurance as an individual or SME, MHD underwriting is not available. There are insurers who will offer this to company schemes of 15 or more main members, however it is more common in the…
As many businesses do not have the need for a full time occupational health provision, often this is dealt with on an ad-hoc basis. The business would pay for the services of an occupational health specialist as and when they need to do so.
When you look at the options for employee benefits, you could consider a whole range of products: Private Medical Insurance Cash Plans Dental Insurance Employee Assistance Programmes Did you also know about Hospital Treatment Insurance from Westfield Health? Surgery Choices 1 and 2 offer your employees easy access to private surgery and medical treatment. This is a community rated policy. The cost for each member of staff is exactly the same regardless of their age or location. Hospital Treatment Insurance is designed to cover non-urgent surgical procedures. It does not offer surgical procedures for cancer, heart disease or emergency treatment….
With mental health problems becoming more common in the workplace with a huge 70 million workdays being lost in the UK each year, having a good employee assistance programme (EAP) could help you as an employer to avoid experiencing staff absence due to mental health issues.
So, 5 really important questions to ask you……… Are you a business owner or manager? Do you have a duty of care towards your staff? Have you ever heard of a health cash plan? Can you take advantage of a great low cost health plan? Why haven’t you considered a cash plan before now? Health Cash Plans are not private medical insurance. A health cash plan is not the same thing as a health insurance policy. Each UK provider has their own benefit categories but in general they offer cover for everyday healthcare costs such as: Dental ∙ Optical ∙…
Purchasing company health insurance policy/ business private medical insurance can be a daunting prospect. Especially true if you don’t know the market. Knowing the mistakes to avoid can save you valuable time and money. There are many options when it comes to buying company private health insurance for your business. The trick is not to pay for benefits you know you won’t need. The duty of care you have for your staff is important. Buying the right company health insurance policy could ensure that you have this covered for a minimal outlay. Staff like to be valued, what better way…
A health cash plan is not a private medical insurance policy although they can be used well side by side. As an example, private medical insurance will offer cover for the high cost in-patient and day-patient surgery, hospital charges and anaesthetists costs. Health cash plans are far cheaper than private medical insurance and the benefits they offer reflect this price difference.
Private medical insurance cover is the “go to” employee benefit for many employers. There are many other plans available in the UK including policies such as dental insurance and health cash plans.
When you are looking at the benefits available to your employees and have 50 or more employees to consider, Healthshield are one of the UK’s leading providers who are able to offer a tailored cash plan.