What is PMI?
It covers the costs of Private Medical Insurance for curable, short term illnesses or injuries.
Why buy it?
Helps avoid lengthy absences from work and reduces high business costs caused by you having to wait for treatment on NHS.
Convenience – allows you to plan your treatment to suit you, the business and at your chosen hospital.
Provides the benefit of privacy in an en-suite room with TV and other home comforts (no mixed wards).
How much?
Insurers now offer flexible private health cover to suit all budgets – including options where you can select your own premium contributions!
You have the flexibility to apply different benefit levels for various grades of staff.
Discounts are available when NHS and PMI covers are blended.
Is it good for business?
PMI is still considered an attractive benefit by both new and existing employees.
Employee absence is still a significant cost for businesses and PMI does get employees back to work asap –no need to rely on NHS waiting lists.
Staff feel more valued, which improves staff retention.
PMI is currently still a tax deductible business expense.
and finally
The NHS has spent £1.5m on private health treatment for staff over the last 3 years. The statistics released in answer to Freedom of Information request show that over 3000 staff has received private treatment since 2006!!
If you would like a quotation for Private Medical Insurance please contact us on 0800 435 648 or admin@lyndhursfm.co.uk
