An employee who feels financially and physically well supported is more likely to remain in your employment. As part of our recent survey, we provided respondents with a list of benefits, asking which ones they offered their employees as core benefits. The two most popular benefits were Life Assurance (88% said they offer this) and Private Medical Insurance (86% said they offer this).The costs for these benefits, when combined with the added value services offered, really has become more competitive in recent years.

Providing a scheme that excludes an employee’s previous medical history and/or includes their family is the most comprehensive way to offer Private Medical Insurance. Of the 86% who offer this benefit, 31% pay for the employees’ family and 50% have an underwriting basis of Medical History Disregarded – meaning an employee’s previous medical history is usually included when making a claim.