Bupa’s plan is being launched on Tuesday and will offer three levels of cover giving employers the option to cover different employees at different levels within their organisation.
Employees can claim back up to £2,295 a year towards the cost of their everyday healthcare expenses. The new cash plan provides up to £200 a year for optical care, £200 a year for dental treatment and up to £400 a year for consultations, scans and diagnostic tests for employees. It also offers up to £45 a year for prescriptions and £300 a year for medical appliances (such as the use of a wheelchair.)
All levels of cover include access to a 24-hour helpline offering advice on medical, tax and welfare issues. With no underwriting and no upper age limit, employees can start claiming on their cash plan immediately using a straight-forward claims process which is often completed within two working days. The insurance can also be extended to provide cover for an entire family starting from an additional £1 per employee per week.
Emma Exelby, sales manager at Bupa cash plan, said the choice and affordability of products had been extended enabling brokers to provide their clients with a comprehensive product to suit every healthcare budget.
She said: “As well as appealing to employees, this product also helps employers to meet some of their duty of care requirements with our optical benefit which offers cash back for sight tests, glasses and contact lenses.”
Source : ftadviser.com
