Employees simply make a payment to their practitioner and then submit a receipt to the provider who will then refund a percentage of this amount. Health Cash Plan Solutions For Your Business.
Cost-effectiveness
A health cash plan allows an employee to claim money back on everyday healthcare costs, such as dental treatment, eye care and physiotherapy. The money back amount can be up to the annual benefit allowance set by the plan provider and it is paid whether treatment is received on the NHS or privately. Health Cash Plan Solutions For Your Business.
Health cash plans are a cost-effective alternative to traditional private medical insurance (PMI), and can even be used to cover PMI excesses. They are also quick and easy to put in place, making them an attractive employee incentive for a range of businesses.
Medicash offer three different plans; Proactive, Plus and Bespoke. Prices for each differ based on the level of cover and number of employees to be included. However, all plans can be tailored to suit an organisation’s specific needs by up-grading or down-grading coverage options.
Value for money
In a time of tight budgets, health cash plans can offer great value for money. This helps to build a holistic wellbeing programme, which can also contribute towards reduced sickness absence rates.
This can also alleviate pressure on the NHS, which is good for everyone.
Flexibility
A health cash plan offers a flexible solution to cover everyday healthcare expenses with instant, easy access. They can be provided on a company-funded basis or as a voluntary arrangement via salary deduction.
Medicash can offer a full range of flexible, affordable health cash plans to suit your business needs.
Personalisation
When you pay for something, you expect the provider to give you a great customer service experience, right? Sadly, that’s not always the case with employee benefits providers who rely on people actually claiming.
With healthcare costs spiralling, employees need access to affordable, simple health and wellbeing solutions. That’s where a health cash plan comes in needs read more hear.