Health Shield has introduced a number of changes to its existing health cash plans (HCPs) including:
* A new online benefit and resource hub for members, called mywellness. This is a one-stop shop for benefits and various resources designed to encourage members to improve their lifestyle and everyday health and wellbeing.
* A new benefit called Physio Triage which gives members access to advice, support and treatment to help recover from musculoskeletal injuries as quickly as possible.
* A new discounted cancer screening benefit. This includes access to a network of cancer specialists, plus advice and support.
* Workplace Health Screening provided through Prevent plc, which Health Shield recently acquired. This is available to tailored health cash plans with health screening included. Health Shield adds that it is also planning to launch new health screening products in future too. That will include a standalone health screening product.
* Up to 14 hours of care in the home following a hospital stay of two or more nights. This Home Assistance Cover is now extended to parents of new and existing members and parents of partners too.
* Employee assistance programmes and private medical insurance excess cover can now be added to Health Shield’s Essentials and Elements HCPs.
What They Say
CEO Jonathan Burton said: "We listen to what our corporate clients and brokers want and we’re constantly innovating to provide market-leading benefits in a competitive market, to all our members.
"These developments represent part of an ongoing series of initiatives aimed at helping more employees to be happy, healthy and to fulfil their potential and in doing so improve the productivity of our corporate clients."
What We Say
"It’s interesting that pretty much all these changes are not traditional ‘cash’ benefits. Far from a criticism, this simply reflects the fact that modern plans are expected to provide so much more than just money or reimbursing money if something goes wrong.
"Health Shield’s acquisition of Prevent is also opening up new synergies as its services are being rolled out to Health Shield’s customers, so expect this latest launch package to be just part of the journey rather than its end.
"Overall, the changes are welcomed and should prove to be of practical value too. For firms that offer PMI already and are concerned about costs, writing an excess through a HCP can make sense too – although not every HCP provider is happy to see their plans used in this way."