Business Health Insurance Comparisons

Business health insurance plans can vary defending on the size and needs of your company. An insurance package that many companies often opt for is Comprehensive Health Insurance.

This plan combines inpatient and outpatient services. The options provided by the plan usually cover:

• Consultations
• Tests (e.g., MRI, X-Ray)
• Surgeries
• Therapies
• Alternative therapies (e.g., acupuncture)
• Exclusive costly medicines sometimes not available through the NHS
• Hospital stays
• Mental Health Cover
• Virtual GP appointments, often within 24 hours conducted on your phone, tablet or computer

Moreover, insurance policies and private facilities often create benefits like the following:

• Possibility to control your treatment by being able choose between specialists, consultants and hospitals
• Reduction in time spent waiting for treatment
• Private rooms with TV’s, Phone, dietary requirements and Flexibility of visiting hours
• Ability to tailor the appointments to the personal schedule of the employee

Business health insurance is suitable for companies of all sizes:

• Small businesses: Compete with larger firms by offering a valuable employee benefit.
• Medium-sized companies: Support growth and retention by investing in employee health.
• Large enterprises: Manage comprehensive employee benefits and maintain a competitive edge.

Yes, business health insurance is considered a benefit-in-kind for employees, which means it is a taxable benefit. This must be reported on a P11D form to HMRC, and employees may pay tax on the value of the cover they receive.

However, the good news is that for businesses, the premiums are typically tax-deductible as a business expense, which can help offset some of the cost. Additionally, providing health insurance can reduce overall employee absence and improve productivity, which often delivers a solid return on investment despite the tax implications.

If you already have a business health insurance policy, we can help you review it. Many businesses renew automatically without checking if they’re still getting the best deal or if the policy still meets their needs.

We’ll:

• Compare your existing policy against current options from top UK providers
• Check if you’re overpaying or under-covered
• Advise on switching or negotiating better terms with your current provider

Switching providers is easier than you might think — and we take care of the entire process for you.

Here’s how it works:

1. We review your current policy and understand what cover you already have.
2. We compare it to other plans from top UK insurers, looking at price, cover, and added benefits.
3. We handle the switch, including helping to ensure continuity of cover, so your employees aren’t left unprotected during the transition.

Our goal is to make switching simple, risk-free, and beneficial — without disruption to your team.

Using a health insurance broker like us gives your business a major advantage when comparing and choosing cover.

Here’s why:

• Independent, impartial advice: We’re not tied to any one provider, so we’ll always recommend the best deal for your needs.
• Save time and effort: We do the research, the comparisons, and the paperwork for you.
• Access to exclusive rates: We often have access to rates or deals not available directly to businesses.
• Tailored advice: We assess your business size, industry, and employee needs to recommend the most relevant policy.
• Ongoing support: From renewals and claims to adjusting your policy as your business grows — we’re here for the long term.

Think of us as your health insurance partner, not just a middleman.

The cost of global health insurance is determined by several criteria, such as age, health history, cover level, and the country to which you are relocating. For example, health cover in the United States is typically more costly than in European countries. 

Your health history also influences the cost. Some insurers may offer international cover for pre-existing ailments, but this will almost certainly increase your premium. Also, the rate for health cover, including foreign medical insurance, rises as you get older. Furthermore, the higher the level of cover and the more optional-extras you choose, the higher the cost will be.