To attract and retain the best talent, it's no longer just about the headline salary number. In fact, nowadays it’s the whole package you can provide for them which is important. Private health insurance for employees is now becoming one of the most sought after employee benefits. As well as this, private health insurance also helps your business get your employees back on their feet faster. In particular in the UK where we have the NHS, some of the waiting lists for certain procedures are incredibly long. This is why having private medical insurance for employees is essential for bypassing this.
Here at Alan & Thomas, we have seen first-hand the rise in demand for this type of commercial insurance cover. More and more businesses are now opting for private health insurance for employees. Especially in line with recent events, offering employer private health insurance can provide significant long-term benefits.
Some of the health insurance benefits for employees can include:
- Minimises disruption through a planned absence
- Increased levels of productivity due to a healthier workforce
- Accelerates return to work due to timely treatment
- Minimises low morale associated with ill health
- Demonstrates to employees that they are valued by the company
- Reduces the likelihood of employee litigation
- Helps to prevent ill health due to regular health screening
- Helps with staff retention and recruitment
Alternative solutions similar to health insurance benefits for employees:
Even if a corporate private medical insurance plan is not right for your business right now, there are other alternatives similar to health insurance benefits for employees you can try. These can still deliver great value to your workforce. One benefit that is very appreciated within A&T's own workforce is a health cash plan. This is a policy that Alan & Thomas purchases for all staff members. This enables employees to claim back the money they spend on dental, opticians, private physio, chiropody and more. Ordinarily, these are expenses that staff would pay out of their own pocket. As a result, this is why being able to claim it back is a notable positive. What’s more, policies like these are usually much cheaper than full private medical insurance for employees. It also benefits the company by helping to maintain a healthy and happy workforce.
Some of the other alternatives to health insurance benefits for employees we can advise you on include:
- Employee Assistance Programmes
- Key Man Insurance
- Income Protection
- Critical Illness Cover
- Death in Service
- Life Assurance
Purchase private health insurance for employees with Alan & Thomas
Here at Alan & Thomas, we are chartered insurance brokers who strive to get our clients the cover that best suits their individual requirements. Should you be looking for private medical insurance for employees or for further information on commercial insurance, please get in touch. We will be able to assist with your enquiries and recommend the most suitable routes to take. Contact us today about employer private health insurance by calling 01202 754900. You can also get in contact with us via email at info@alan-thomas.co.uk.
Private Medical & Employee Benefits Enquiry
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