Why Private Medical Insurance?
It’s not just NHS wait times that make PMI a valuable benefit.
Group Medical Insurance typically allows employees to receive treatment on acute conditions. Acute conditions are deemed to be curable with treatment. Most providers also now include health and reward benefits that can save employees money and encourage them to live healthier lifestyles.
Group schemes are also often less expensive than if private medical insurance is purchased individually.
If you are concerned about the cost of Group Medical Insurance, it should be noted that this cost will potentially be offset by a workforce who are better able to keep themselves healthy and able to work. It is also seen as a valuable offering for recruitment and retention. This can help save on the cost associated with staff turnover.