Private medical insurance helps to recruit
Private medical insurance had a significant impact in helping employers attract new recruits last year. In a survey conducted in 2008 of 211 employers with a workforce of 675,000 people 68% of employers have highlighted private health insurance to be a useful in recruitment. Furthermore 63% agreed it improved employee motivation.
With a cost to employers of over £1 billion each year, four in ten companies now provide their whole workforce with private healthcare policies.
80% of employers believe the schemes have helped their employees returning to work more quickly after absence. Two thirds of these employers said the schemes improved performance of their staff who were suffering from a disease, illness or injury.
Corporate private medical insurance costs on average £506 per person per year (based on 2008 prices.) However, 61% of employers provide limited benefits to permanent employees and line managers and extend greater cover to directors and senior managers.
Source: Personnel Today
Medical Insurance helps new recruits
With a cost to employers of over £1 billion each year, four in ten companies now provide their whole workforce with private healthcare policies.
80% of employers believe the schemes have helped their employees returning to work more quickly after absence. Two thirds of these employers said the schemes improved performance of their staff who were suffering from a disease, illness or injury.
Corporate private medical insurance costs on average £506 per person per year (based on 2008 prices.) However, 61% of employers provide limited benefits to permanent employees and line managers and extend greater cover to directors and senior managers.
Source: Personnel Today
Medical Insurance helps new recruits
Labels: company medical insurance, Employee Medical Benefits
Posted by Health Insurance News at 09:00
