Health cash plan for employers

Cash Plans allow businesses to extend health cover to staff who wouldn’t normally be entitled to it under existing company terms.

The idea is simple – for a monthly or weekly premium (which can be as low as £1 per person per week), a Cash Plan will pay out cash sums for a range of everyday health care including:

• Dental and Dental Accident fees
• Optical fees
• Complimentary Therapies (including Physiotherapy and Chiropractic treatment)
• Alternative Therapies (including Acupuncture and Homeopathy)
• Chiropody

The scope of Cash Plan cover can also include a wider variety of services and treatments such as; GP helplines, health screening, discounts at health clubs and gyms, and even excess payments.

And the more you pay per week or month, the higher the level of cover and the greater benefit you receive.

Cash Plans can be funded by 1 of 2 ways:
Employer Funded, whereby the employer pays for a set level of cover and employees are given the option to flex up their cover through a salary deduction (to include their dependants or raise their cover level)

Solely Funded by the employee: The level of payout varies between insurers and individual benefit but IHC can help you choose the right product to fit your workforce within your existing policies.