This new corporate health cash plan offers a choice of five benefit/premium levels, with premiums ranging from £1 to £7.50 a week (£4.33 to £32.50 a month).
Maximum benefits for Level 1 and Level 5 plans are 100% of cost up to an annual limit of:
|Benefit||Level 1||Level 5|
|Wellbeing (physiotherapy; osteopathy; chiropractic; acupuncture)||£150||£750|
|Complementary therapies (homeopathy; reflexology; aromatherapy)||£50||£250|
|Prescriptions maximum each year||1||5|
|Hospital inpatient per night up to 28 nights a year||£10||£50|
|Hospital parental stay up to 28 nights||£10||£50|
|Day case up 10 visits||£10||£50|
Immediate cover is provided and pre-existing conditions are included. Benefit levels are annual sums. Dependant children up to 18th birthday are covered free.
What They Say
Deputy CEO Stephen Pugh said: “Our new cash plan policy is specifically designed for the business to business market."
What We Say
"A good case can probably be made to make health cash plans compulsory for firms, given the low cost to employers, the help cash plans give in meeting an employer’s duty of care and their value to employees. At times of economic difficulty, the benefits of all three can be magnified too. This plan has a high minimum scheme size (50) and does not cover PECs, but still provides an attractive range of benefits and is available from just £1 a week. 28 days worldwide cover and discounted gym membership will be valued by some too.
"The main criticism is that there is very little to differentiate UK Healthcare from other good health cash plan products. That is a pity, but should not exclude them from consideration."