A business health insurance plan can be a great initiative for both the company and the employees themselves, ensuring that staff get the appropriate medical care and treatment while also helping the business with retention and job satisfaction.
If your company has implemented a corporate health plan in the workplace then you may notice some changes to your policy from April 2013.
Federal health minister Tanya Plibersek announced on February 8 that private health insurance premiums will increase by an average of 5.6 per cent, with some within the industry stating that the rise in health premiums helps to cover the increase in healthcare costs.
Private Healthcare Australia chief executive officer Dr Michael Armitage echoes these sentiments saying that the premium increase is necessary to "ensure funds remain financially viable, meet statutory prudential requirements; and, most importantly continue to provide members with access to quality health care".
In light of these impending changes, your company may want to review its existing business health plans to ensure that it is especially tailored to the current needs of employees and that there is no unnecessary expenditure.
Your health consultant can help you to compare health insurance policies to ensure you get the best value and maybe make some savings in the process.