Medical Insurance Advisors Australia is among Australia’s leading independent corporate medical health insurance consultancies. With over 3 decades experience in development, execution, ongoing tracking and service for corporate health plans for companies of any size. Many businesses choose to provide corporate medical health insurance plans to their team, customers or members – and you will find there are numerous different options to select from. As the job marketplace becomes more aggressive – due in part to perhaps a shrinking, aging work force – staff retention hasn’t been more significant. Businesses are trying to create themselves as companies of choice in their industry to attract and keep the best talent – and motivators are a favorite way to do that.
With health threats like cancer, diabetes mellitus, obesity, heart troubles and stress changing Australians of all ages, companies might want to take into account offering an appropriate medical health insurance plan to their team. Also to supplying workers with greater peace of mind, this kind of motivator often enhances productivity at work and results in increased staff loyalty at your company. Regardless if you’re keen to provide an employer subsidised medical health insurance plan or an unsubsidised company health plan, HICA could work with you to ascertain the cover choices which best suit your particular conditions.
With regards to selecting the right business health plan, you’ve plenty of options to consider. There are a total of 35 authorized health funds in Australia and each provides a wide array of choices. Employers will have to take perhaps a number of factors into account – including the value of any subsidy they intend to provide and the sources which will be necessary to implement, review and manage the corporate medical health insurance plan. It’s also important to take into consideration whether the cover will apply to all personnel or only people who meet selected criteria, and also the degree of support, service and care which will be provided by the company medical health insurance plan. Smaller firms may have their very own medical health insurance needs and are also likely to face cost problems, that could impact the kind of cover they choose. You’ll also need to think about which plans may be most appealing to your employees. The benefits of employer subsidised schemes – where the employer pays all or perhaps a part of their staff’s medical health insurance coverage premiums – must be weighed up against the advantages of unsubsidised insurance plans.