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Group Private Medical Insurance


Do I need it?
Every business depends on the health and performance of its most important asset – its people. It therefore makes sense to ensure that you and your employees are able to perform at the highest levels. Group private medical insurance can help to improve employee well-being and manage their absence due to ill health.
Private healthcare provision is also increasingly perceived as highly valued-employee benefit, proving extremely advantageous for both employee retention and recruitment.
By providing your staff with speedy access to quality medical treatment you can help to get employees back to work in the shortest possible time. In order to be eligible to establish a scheme on a group basis, you will normally need a minimum of three members (employees). Group schemes tend to offer similar benefits to individual policies; however group rates tend to be more cost effective than individual rates. There is also the option to include members' spouses or children.

What are the benefits of group private medical insurance to your business and your staff?

  • Helps to attract and retain quality staff

  • The speed of treatment means your employees can often return to work quicker

  • Employees are given more choice in their treatment; specialists, surgeons and hospitals

  • Employees feel greater reassurance and peace of mind

  • High standards of private accommodation in quality surroundings

    • What is it?
    Our group private medical insurance offers a wide range of medical benefits.
    You and your employees will also have access to:

  • prompt access to diagnosis

  • prompt access to non-emergency treatment

  • prompt medical treatment

  • reduced waiting times, a great help in getting your employees back to work quickly

  • choice of admission time or date at convenient times for work and family commitments

  • choice of consultant or quality assessed hospitals, often close to where the person lives

    • Summary of Options
    In general there are three types of cover available:

    Conventional insurance plans
    These are the most comprehensive type which schedule the benefits in terms of a full refund of costs for in-patient treatments and varying levels of cover or exclusions for outpatient treatments.

    Six week plans
    These work similarly to conventional plans, but will only pay if the specified treatment is unavailable from the NHS within a six week period from diagnosis.

    Cash plans
    These plans pay a defined benefit for each procedure or consultation regardless as to whether or not the benefit meets the cost to you. A number of these plans can be organised to be close to full compensation.

    Each company has different requirements and following a detailed analysis of your requirements we would advise you on which option is the most suitable for your particular situation.

    What should I do now? Because of our wealth of experience in providing group private medical insurance advice to our clients over many years, we are able to offer individually tailored products and services for a range of situations.

    For an informal discussion please call us on 01325 353 888 and we will be happy to discuss this further. Alternatively please email us at webenq@bibinsurance.co.uk.