Everyone's healthcare needs are different. However, there are key things that you should seek when deciding over which health insurance, corporate or otherwise you should invest in. When looking for a corporate health insurance cover, here are some basic things you should look for and some important questions you should ask as you consider different companies and plans:
• Are you willing to pay for an all-inclusive comprehensive plan or will you settle for less cover?
• How much will you be willing to spend on the premium?
• Have you considered what type of health care plan is most beneficial for your employees?
A professional health insurance broker can help you with the above questions and more in an informed manner. Appointing a company to help you find the best policy which is competitively priced and gives you and your employees’ the level of cover which meets your corporate requirements is a good idea especially if your knowledge in this industry is limited. Depending on your budget, as a rough guide, you should try and take out a policy that gives your employees’ the following benefits:
• Full in-patient
• Full out-patient
• Adequate therapies
• Psychiatric cover
• Full cancer cover
• Access to your local hospitals
If you find that the above comprehensive type of policy is not within your budget, you could for example consider reducing the out-patient to say £1000 and applying an excess to the policy which will help to reduce the premium, or you could also take off the Psychiatric cover from the policy as well which again will help to reduce the premium even further.
• Are you willing to pay for an all-inclusive comprehensive plan or will you settle for less cover?
• How much will you be willing to spend on the premium?
• Have you considered what type of health care plan is most beneficial for your employees?
A professional health insurance broker can help you with the above questions and more in an informed manner. Appointing a company to help you find the best policy which is competitively priced and gives you and your employees’ the level of cover which meets your corporate requirements is a good idea especially if your knowledge in this industry is limited. Depending on your budget, as a rough guide, you should try and take out a policy that gives your employees’ the following benefits:
• Full in-patient
• Full out-patient
• Adequate therapies
• Psychiatric cover
• Full cancer cover
• Access to your local hospitals
If you find that the above comprehensive type of policy is not within your budget, you could for example consider reducing the out-patient to say £1000 and applying an excess to the policy which will help to reduce the premium, or you could also take off the Psychiatric cover from the policy as well which again will help to reduce the premium even further.
