Employees across the UK have a lot to look forward to in the next year despite the apparent doom and gloom surrounding businesses during the recession. Over one in five employers have said they plan to increase the healthcare benefits available to their workforce during the coming year according to an annual survey carried out by Employee Benefits magazine. Costs are being cut in all areas of businesses at the moment but it seems that private health insurance is one area that is still considered a priority by managers and company owners. The health of a company’s workforce may not be immediately considered to be essential to success but it can ultimately affect efficiency and the importance of this has evidently been recognised by these 22 percent of businesses who took part in the survey.


There are many advantages to having a corporate private medical insurance policy and the cost can prove to be very well spent over the long term. Sick days are a major cost to companies and are especially noticeable in smaller businesses. These can be reduced through private health cover by getting staff treated in a much quicker time than they would have on the NHS. Also, by offering good benefits to staff, higher calibre applicants will be attracted to any vacancy that may come up and the overall performance of the business could improve. Finally, private health insurance is a good way for employers to show their staff that they really care about their wellbeing and make it a better place to work in generally. If employees feel good about their job, they are more likely to work harder and less likely to leave the company, reducing time and hassle in finding a replacement.