Typical Costs for a Healthcare Trusts

Each Trust is different so costs will vary from client to client. A full written detailed quotation will be provided for each application.

Following is an example set of costs for a small to medium company with 200 employees setting up a trust for the first time.

To set up the Legal Trust Entity, depending on complexity the costs would be approx £3,000- £5,000 + VAT (this is a one off fee, it does not have to be paid annually)

To appoint General & Medical as the Specialist Healthcare Administration Company to the Trust the costs may be agreed as either a flat fee* per adult under administration or as a percentage of the turnover of the Trust Fund.

If the company already had a Trust, they could change their Specialist Healthcare Administration to General & Medical without any Trust set up fees.

Apart from the above the only cost to the Trust is the cost to cover the claims made by the beneficiaries of the Trust.

To appoint General & Medical as the Specialist Healthcare Administration Company to the Trust the costs may be agreed as either a flat fee* per adult under administration or as a percentage of the turnover of the Trust Fund.

If the company already had a Trust, they could change their Specialist Healthcare Administration to General & Medical without any Trust set up fees.

Full details can be found by downloading our Trust Administation brochure