The above is an example of the types of treatments that can be included and the costs with them.
The Benefits
While the NHS provides heavily reduced cost medical treatment, it can sometimes be a struggle to cover the expense of routine appointments. If, for example, employees refrain from attending a dental appointment or physiotherapy session, their condition can worsen. Wearing glasses with an out-of-date prescription can cause headaches and nausea, leading to lack of engagement or sick leave.
A company health plan provides a level of security that gives an employee the confidence to receive medical treatment when it’s needed. Even if the policy is paid for solely by the employee, there’s a benefit in that the premiums are exempt from NICs, as well as the financial benefits of pay-outs.
A plan that’s funded by the employer is a fantastic perk and likely to attract new talent. And it’s a foundation for healthy, engaged employees.