What Is Business Health Insurance?
Business Health Insurance allows your staff to see a private consultant, or have treatment in a private hospital, instead of using the NHS.
More choice over treatment, including which specialist you see and where you have your treatment.
Access drugs and treatments including those that are not normally available on the NHS.
What Does Business Health Insurance Cover?
In-patient and out-patient cover is usually standard, along with diagnostics and cancer cover, though in reality, most policies are tailored and set up with mental health cover, physiotherapy cover.
Private GP service, delivered via an app to your smart device. Access an appointment 24/7. GPs have the ability to prescribe medication too, which can be delivered to your door.
Cancer cover, normally standard, this includes chemotherapy and radiotherapy in additon to private home nursing.
Private Medical Insurance is designed to cover Acute conditions. Chronic conditions are normally excluded (this is normally defined as any long term condition that is persistent and cannot be cured).
Why Should You Consider A Policy?
Business Health Insurance as a benefit gets staff back to work quickly by providing them with access to private treatment, the wait times available are much faster than the NHS, therefore, your staff to get the treatment they need and get back to work quickly.
There is a choice of which specialist to see, which can be useful if there is a recommendation to see a certain doctor. Furthermore, private hospitals pride themselves on ‘hotel standard’ accommodation and strict hygiene standards, therefore there is less risk of getting a hospital acquired infection during treatment.
Many Insurers now also offer ‘triage’ style services for physiotherapy allowing your staff access over the telephone to qualified specialists and doctors to evaluate if treatment is necessary. If further treatment is required this can then be organised by the specialist at a time convenient for the patient.
Private Health Insurance is seen as a great benefit by staff and can therefore form an important part of a staff retention, recruitment and well-being strategy. It can also work well to form a package with Group Life Assurance and Group Income Protection.
What Is Not Included?
Cover for pre-existing conditions, unless you are able to get Medical History Disregarded Underwriting
Accident & Emergency
Pregnancy, although some policies have limited cover for complications of pregnancy
Already Have Business Health Insurance?
If you’re already insured we can help with your renewal. Most importantly we can often get you cheaper or better terms on complex schemes or if your policy has been given high increase at renewal. In other words, we can save you time and money.
It costs nothing to find out whether we can secure more competitive terms for you, so give us a call!