A company Cash Plan is a low cost policy with an excellent value of benefits. Available for company schemes with three or more members and costing from as little as £1 per week a Cash Plan provides cash back for the everyday healthcare costs such as Dental, Optical, Physiotherapy, Osteopathy, Chiropody and Counselling to name a few.
As an Independent Healthcare Insurance broker based in Chelmsford Essex, SMP Healthcare Ltd concentrate their time in finding the right products for their clients, choosing from a wide spectrum of Health Insurance policies. Being a specialist broker they only provide products that fall within the Health Insurance banner which include Private Medical Insurance, Cash Plans, Dental Insurance and Occupation Health solutions.
Lianne Harrington, Senior Healthcare Consultant at SMP Healthcare Ltd has looked at this market over many years and is keen to convey the benefits to business’s within the UK of implementing a Cash Plan.
“A Cash Plan is not Private Medical Insurance and the low cost of the policy reflects this, it is however a brilliant solution for business owners to help combat absenteeism, reward valued members of staff and ensure that they are embracing their own duty of care. A Cash Plan is easy to put in place and in many cases it does not exclude pre-existing conditions for the members. The Dental element is by far one of the most popular benefits and there is no pre-joining dental examination required.”
In the UK there are a whole range of providers who offer Cash Plans; Healthshield, Westfield Health, Simplyhealth and Medicash are some of the better known specialist providers and although their products all vary in price and benefit levels they all offer excellent value for money.
“As a true cost against value comparison using current premiums from one of the specialist Cash Plan providers, for a policy with a cost per employee of *£104 per year, the monetary value of benefits to that employee if they were to claim from every category would be £1385 with full access to Best Doctors and Doctors Online so as you can see, a Cash Plan offers excellent value for money.”
*premium quoted is based on a company scheme with 10 or more members.
Companies who already have Private Medical Insurance in place can run a Cash Plan alongside it to enhance the benefits available for their staff. This combination can also be used as a cost containment solution as they can apply an excess to the Private Medical Insurance to reduce the premium yet claim back the excess if used from the Cash Plan.
If you would like help in selecting a Cash Plan for your staff, the team at SMP Healthcare Ltd will be more than happy to help you. You can complete their on-line quotation form at www.smphealthcare.com or contact them on enquiries@smphealthcare.com or by telephone on 01245 929129.
Distributed by HeadlinePlus Press Release Distribution
Media Contact
Company Name: SMP Healthcare
Contact Person: Media Manager
Email: enquiries@smphealthcare.com
Phone: 01245 929129
City: Essex
State: London
Country: United Kingdom
Website: http://www.smphealthcare.com