Group medical insurance is designed to support employees who need medical attention, whether it supports them financially or gets them access to the best care sooner. Many plans also provide preventive support to help keep your employees healthy as well.
The cost of this policy can be outweighed by the reduction in time key employees take off sick due to illness or injury by receiving preferential medical treatment.
Such benefits can be very appealing and are regarded highly by employees. Many policies can provide the option for employees to add their family members at their own expense and this can also be seen as a real benefit.
You can provide your employees with cover for:
- Eye care
- Dental care
- Private medical expenses
- Prescription expenses
- Psychiatric treatment
- Hospital stays amongst other things
Policies can be very flexible, with you choosing how extensive the cover will be, how many employees you which to cover and you can also bring down the cost by including an excess or deferred period. There any many options available allowing you to tailor your policy to suit your employees and company needs and your budget.
