Well firstly, what is Private Medical insurance?
Private Medical Insurance provides quick access to leading UK medical care and hospitals. These policies have changed in recent years, and now aim to complement the NHS, rather than acting as a replacement for NHS care.
Group Private Medical Insurance is a policy that is paid for by the business, and covers either some or all of the costs of the employee seeking Private Medical treatment for acute conditions.
Why does this benefit my business?
Group Private Medical cover improves health in the workplace, reduces absenteeism and shows a real commitment to your employees. Your health is your greatest asset and taking out a policy can help to protect it. It provides individuals with more flexibility in their treatment and quicker access to a wider selection of facilities. Not only does this support your employees in their time of ill health, it also helps to avoid the escalating costs associated with staff awaiting treatment on the NHS through absenteeism, and can be a useful benefit to attract and retain top talent in your business.
What are my options?
There are various plans available, dependent on the cover that is required.
Standard plans are less expensive, but come with more limitations on level of cover. Premier/ Comprehensive Plans offer the broadest range of protection, with fewer restrictions and unlimited cover. You can also include items that are often excluded, such as Dental, Optical and Medical Health, if this is desired.
If you think a Group Private Medical Insurance policy might be for you, Stacey, RK Henshall Protection & Healthcare Consultant, is available to talk through your options regarding types of plans and making it work for you and your business.
Contact us on 01270 758070 or read more on employee protection policies on our website.
