What is a Cash plan?

Cash plans are becoming more and more popular with our clients. They are an excellent way of keeping claims down and thereby reducing premiums at renewal. Employees can claim for out-patient treatment on the cash plan reverting to their Private Health Insurance once they have reached their limit or if they need in patient treatment.

A health cash plan can help employees to stay healthy every day by providing access to valuable services and cash benefits towards the cost of their routine healthcare.

Employees can claim money back towards essential health costs such as eyecare, dental treatment, physiotherapy, diagnostic consultations and much more! They also have access to quality health and wellbeing services to complement the cash benefits.

And whilst their employees enjoy the benefits, your clients can enjoy the rewards. Introducing a health cash plan could help them to:

• Reduce absenteeism and related costs
• Recruit and retain staff
• Improve staff morale, motivation and productivity
• Lower the risk of musculoskeletal litigation in conjunction with a robust stress policy and line manager training
• Play an integral part of your clients’ health and safety policy
• Provide a valuable employee benefit package
• Encourage pro-active employee healthcare

Health cash plans are:
• Simple and reliable
• Affordable and alternative healthcare options that can complement PMI
• Easy to introduce and administer
• Cost may be offset against corporation tax

Tags: Cash Plan, Private Health insurance, Westfield

This entry was posted on Tuesday, November 29th, 2011 at 1:52 pm and is filed under Health. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.