A corporate health insurance policy will show that you value your staff and see them as more than just an asset. Benefits include increased productivity, reduced absenteeism and mental health cover. Corporate health insurance policies can also be tailored to suit small, medium and large businesses.
There are many benefits to private health insurance. It allows you to choose from a wider selection of hospitals, treatment options and specialists. Private health care also offers decreased wait times and peace of mind by helping to pay for treatments in the event of unexpected health issues.
Corporate health insurance can be an effective way of keeping the staff you can’t afford to lose. However, introducing a plan may be complex and challenging, and sometimes doing so can cost more than you’d thought. We have a look at these challenges and suggest solutions.
Two large health funds, HCF and HBF are in talks for a merger. This would make them the third largest fund in Australia, strengthening their position and announcing them as a major player in Australian health insurance. We have a closer look.
Health insurance premiums are are set to increase on April 1 and some industry commentators have taken this chance to criticise health funds, labelling them greedy and the increases excessive. Is this really the case, and what’s driving these premium increases?