The benefits of group health insurance
Group Health Insurance is a benefit that some companies offer
their employees, enabling them to receive private medical
treatment quickly and at no cost should they need it. This means
that employees receive the medical treatment they need without
the long wait and undue suffering.
Of course, this type of scheme has many benefits to both the
staff and the employer.
For the employer, a member of staff needing medical treatment
will receive it quickly, thereby helping speed up recovery and
keeping disruption due to sickness in the office to a minimum.
The employee will also be more focussed on their job as they
will not be spending time worrying about a long wait for the
treatment on the NHS, or a diagnosis etc or suffering undue
pain.
For the employee, being a member of a Group Health Insurance
plan has many valuable benefits, which a monetary value cannot
be put on. In the first instance, they don't have to pay out
huge premiums for a private medical insurance plan - which can
literally run into three figures every month. And they have the
peace of mind that should they need it, expert medical help is
available immediately.
As part of the Group Health Insurance Plan, many companies who
do offer this benefit to staff will also pay for their employees
to have a once a year 'healthcheck' at a private hospital. These
health checks cover weight, height, levels of fitness, blood
pressure, blood tests etc and are carried out to check that the
member of staff is in optimum health or to spot a so far
undiagnosed condition. Either way, the screening is beneficial
to staff and their employers.
For an individual who is not part of an employers scheme to have
the same sort of health screening, the cost can be anything from