Benefits for your Business
Your success depends on you and your employees so it pays to look after your health and theirs. Healthcare benefits are seen as one of the most important ways of lowering employee turnover by providing a sense of security and the peace of mind that they will have access to the medical treatment they need, when they need it.
A Corporate Healthcare Trust from ProAmica, gives you complete control over the cover provided and the way your money is invested and spent, but it can also deliver real cost savings when compared to a traditional Private Health Insurance Scheme:
- The cost of traditional insured schemes can easily rise by more than 10% year on year. This is driven partly by medical inflation but also the insurance company's need to make a profit and cover their own costs.
- Unlike traditional healthcare insurance, Healthcare Trusts are not subject to Insurance Premium Tax - meaning you could benefit from an immediate cost saving.
- On average, overall savings when using a Trust can be 20% each year. Of course, the savings may be higher or lower than this depending on the size of the Trust and the cost of claims each year. But the costs under a Trust tend to become more predictable and stable as time progresses and trends emerge.
Want to know more about Corporate Healthcare Trusts and the benefits for your business?
Please contact us to discuss your requirements or download our Guide to Healthcare Trusts.