How does your company compare?

A recent survey found that over half (52% of employers) admitted that they had not consulted their staff about healthcare and income protection benefits. This goes to explain why only 11% of employers feel staff are happy with the health benefits that they are offered by their company. 75% of a typical company's staff claim there is a lot of room for improvement in healthcare and insurance provisions.

Whilst 76% of staff would like the offer of health insurance only 20% of firms do offer it. And, 67% of employees would like group life insurance cover but only 12% of companies provide it.

THE COST OF POOR ATTENDANCE LEVELS

Whilst many employers find absence costs them vis-a-vis expenses such as sick pay, there are additional expenses including recruiting and training temporary staff that can cripple their profit margins. The extent of the problem can be seen in recent published surveys (CBI) that show an average cost last year of approximately £476 per employee.

Whilst there is a serious issue of workplace absenteeism, poor attendance is not a problem that employers have to live with. They can take strategic action to reduce absence levels and limit the financial impact of absence. There are encouraging signs that employers, large and small, are becoming increasingly aware of the costs, and that group income protection schemes can provide some of the support that they need.

The main benefit to an employer for offering a group health scheme to employees is that it can reduce the amount of time employees are off due to ill health. This is because it is possible to be diagnosed and treated a lot quicker within the private sector. Not only do your company employees feel more loyal to you as an employer who looks after their health, but they are diagnosed, treated and back at work in quick time.

COULD YOUR COMPANY BENEFIT?

Could your company benefit from a Group Health Insurance Protection scheme? We will be delighted to give you an insurance quote and to discuss your company healthcare insurance needs with you. We are fully independent health insurance brokers with access to a wide range of health insurance schemes. We can tailor your needs to the best insurance plans on the market according to your particular staff and management needs.

We can advise and arrange group cover for you on the following :-

• Income Protection Insurance
• Critical Illness Cover
• Group Private Health Insurance
• Health Trust Fund (an exciting new product)
• Group Life Insurance
• Financial Advice / Services
• Mortgage Protection

CRITICAL ILLNESS INSURANCE UK - Bringing your Group the Best in Healthcare Insurance