Having a Health Insurance Policy for your employees can deliver significant long-term benefits to both your business and your employees.

For your employees, the benefits include:

• Access to high standards of healthcare for a wide range of illnesses and conditions, including mental health and musculoskeletal conditions
• Shorter waiting times for treatment and generally more accessible hours
• More personalised care, based on their preferences
• Sometimes the policy will cover their family members, too
• Often, a 24-hour GP or nurse practitioner phoneline

As a business, you could benefit from a group health insurance policy for these reasons:

• Your staff aren’t subject to NHS waiting lists, helping employees get better and return to work more quickly
• Employees can speak to a doctor outside working hours
• Better healthcare could help improve wellbeing among your team, boosting productivity
• You can attract and retain the best people by offering this benefit as part of the overall remuneration package

Frequently Asked Questions

Is Business Health Insurance cheaper than individual?

Small businesses in Altrincham may find that taking out Corporate Health Insurance is cheaper than individual policies. 

Spreading the risk between as little as two people can help bring down the cost of premiums. Plus, group policies tend to be less flexible and personalised, which can make them cheaper. 

I can help you find a policy to match your companies needs and objectives, to find out more complete our form on our contact us page here.

How much does a Business Health Insurance Policy cost?

There are a number of factors that can impact your cost for Business Health Insurance, including:

• Group size – generally, the higher the number of people covered, the lower the price per employee
• Average age – it is cheaper to cover younger employees. However, because this is a group policy, the premiums will be based on the average age of those covered
• What’s covered – you can choose from various levels of cover. The more comprehensive the cover, the more expensive it will be. Additions include things like outpatient cover, dental care, psychiatric care, physiotherapy and allowing second opinion appointments
• Occupation – the type of work your employees do will affect how at risk they are of getting ill or injured. If they are more likely to claim, the cost will be higher
• Where you’re based – Getting treatment in certain locations like Central London can be more expensive, and this will affect the price of your policy
• The excess – employees will usually pay an excess for treatment. The lower the excess, the higher the premiums

Our small business health insurance broker in Altrincham can help tailor your plan to meet both your needs and budget, simple complete our contact us form here.