SME Health Insurance

SME Health insurance – (covering 2-200 staff)

Health insurance is one of the top three most sought after employee benefits requested by employees and in our experience it’s a must for all business owners.

In a recent survey it was estimated that many small businesses would fail if the owner was off work for a long period of time due to illness. Health Insurance provides the ability to arrange treatment without delay and to fit in with your business &/or family needs.

Offering Health Insurance to your employees demonstrates that you take their health very seriously and that you care. It not only provides access to prompt medical treatment, most importantly it will help you recruit and retain quality personnel and at the same time reduce absenteeism.

Already have health insurance cover

If you already have Health Insurance cover and you are fed up with the customary increases in premiums each year, then you have come to the right place. We have over 25 years experience of reviewing Health insurance policies for our clients. If you don’t benchmark your insurance premiums against other insurers each year, then in our experience you won’t be getting the best deal.

We compare the market to cover premiums and benefits from the UK's leading Health insurance providers. These include: Aviva healthcare, AXA PPP healthcare, BUPA, The Exeter, Freedom Health, Vitality Health & WPA. 

After we have fully understood your requirements we will find innovative solutions to best match your needs both in terms of the cost, future premiums, cover provided and the service can expect from the insurers.

We don't charge a fee for our services, were are totally independent and we are not tied to any insurer so you can rest assured that the advice we provide is truly impartial. We are not suggesting you change insurers, but we do recommend a full review to benchmark the terms.

Simply call our offices and we will endeavour to help and guide you – there’s no obligation, no fee and no pushy sales staff.

Who is SME Health Insurance for?

Its design is to protect the Health needs of Directors and Senior Management within a business, as well as all employees.  The minimum requirement for a Group scheme is just two employees.

What does Group Health Insurance cover?

Health Insurance policies are adaptable to meet both your business and financial needs; however in principle they include the following:

• Specialist Consultations
• Diagnostic scans & tests
• Surgical procedures in a private hospital
• Alternative Therapies
• The latest cancer drugs
• Mental Health cover
• Access to a broad range of private hospitals
• Many insurers now give access to private GP and prescriptions services
• Conditions such joint problems (musculoskeletal), Cancer and Mental Health are often fast tracked without the need to see your GP.

What’s not covered?

This is not an exhaustive list; however in the main a Health Insurance policy will not cover the following:

• Pre-existing known medical conditions
• GP fees
• Cosmetic surgery
• Out-patient drugs and dressings
• Unproven treatment
• Pregnancy and childbirth (except complications)
• General dental treatment
• Treatment abroad

What happens when you join?

When you join a Health Insurance policy for the first time you will typically be offered one of two underwriting options, however in the main Health Insurance does not cover any known or on-going medical conditions. The options are Full Medical Underwriting or Moratorium underwriting.

Full Medical Underwriting

This is a method of underwriting where the insurer requires full details of all previous medical history and current state of health for each person to be covered by the policy. This usually involves the completion of a health questionnaire as part of the application for cover.

From this, the insurer’s underwriter can then decide whether to:

• allow cover on standard terms with no personal exclusions applied;
• exclude cover for a specified medical condition and any associated medical conditions;
• exclude cover as above, but with the proviso that the insurer will review the decision at a stated time in the future.

Moratorium

Cover will typically not be provided for any medical conditions which any person was aware of in the five years prior to joining the policy. However if after two years continued membership there has been no re-occurrence of the medical condition and no medical advice or medication had been sought or arranged, then after two years the condition may be eligible for treatment.

With moratorium underwriting, you should be aware that claims will be assessed in accordance with the insurer’s standard policy terms and conditions at the point of claim, which will be based upon your GP records.

How can we help?

As experts within this field of insurance our Consultants will take the time to understand your business requirements and then negotiate and source the best possible terms with insurers for you. We will explain in layman’s terms how the policy works; what’s included or what’s not and the distinct differences from one policy to the next.

“The right insurance package at the right price.”