Latest Survey - Healthy companies more profitable and productive

At the end of March, think tank Reform published its findings on the state of Occupational Health within the UK. The Fit for Recovery survey outlines the basic and essential truth that companies with healthier employees enjoy both higher levels of productivity and profits. Download the PDF of this survey here.

Advantage through health

In these unprecedented economic times, any advantage that a business can achieve could make a huge impact on its success. A companies employees are its most valuable assets, investing in their health and wellbeing makes perfect sense.

NHS to take the lead

Reform suggest that if more employers were to make healthcare a priority, this would have the effect of reducing the strain on the NHS budget. There is also a strong suggestion that the NHS (Britains largest employer) could grasp the baton in this area and set the example by which others could follow. At preset sickness rates within the NHS are almost 50% higher than in the private healthcare sector. It is calculated that if the National Health Service could make improvments to its sickness leveks, then £1 billion pounds a year could be saved.

Incentives

Fit for recovery also spotlights the role that health incentives could play in improving health within the workplace.

Individuals – through creative use of direct payments, of bonuses for healthy living and of charges for healthcare. The most forward looking business health insurance, small and large companies are already providing healthy living bonus schemes for their customers.

Your thoughts

What is your opinion on the Fit for Recovery report? Could businesses be doing more to protect the health of their employees?

Health Insurance for the Self Employed

If you are self employed and are looking for private health insurance then there is plenty of completive deals out there in the current markets.

Sometimes the costs are a little higher but there is many covers specially designed to suit the self employed and their families from the uncertainties in life - and could provide you with much needed finance in the event of an accident.

self employed health insurance specially caters for small businesses and the self employed,  If ever looking for quotes then its best advised to shop around and see what’s out there for your budget and your family requirements.

Private Medical Insurance and Small Business Health Insurance

There are 2 main types: firstly there is small business health insurance, this type is for business and corporate customers who would like to offer their employees with free or discounted private healthcare, It is a good incentive to attract the best employees and can give you an edge over your competitors when recruiting, the second is private health insurance: this type is geared towards, and is very popular among individuals and young professional families.

We will be concentrating on the small business health insurance side of the business and will be going into greater detail in the coming posts so stay tuned, the first of our 15 part series will be “Do I really need private medical insurance”.

Health Insurance and Safety

With health and safety now one of the most important topics that business owners and managers in the workplace need to learn, there is a whole lot of rules and is a bit of a mine field, first up is to get small business health insurance, it is a great way to reward your employees for their hard work, commitment and loyalty and not only does it offer your employees great medical treatment when needed it also covers your company against employee sickness among other things, once you have found the best policies for your business you can move onto appointing a health and safety officer and a first aider, whether you go and hire someone with the skills or appoint one of your employees to learn through attending courses is irrelevant, as long as you have people in place,  whoever I always see it best to give your current employees the chance learn and better themselves, the more measures you take to guard the health and safety of your workforce the better placed you will be to deal with any relating issues.

Mixed Fortunes for Private Health Insurance

2008 was not a great year for Bupa compared to 2007 at least, Investments and big acquisitions of tickets left the private health insurance company with a 53% fall in surplus (profit). In 2007, operations surplus stood at £398m wile in 2007 they stood at £187.1m, down £210.9m on the previous year.  

With the current financial crises it is expected that there will be more loses in the coming years as there is not many businesses immune to the credit crunch.

Please voice your opinion if you have one on this issue.

Small Business Health Insurance - The Benefits

Benefits of small business health insurance in the UK

Anyone looking to get health insurance cover in the United Kingdom for their business and business employees should look into getting small business health insurance UK to cover the cost of any consequences or illnesses and even in the event of death in the work place. The benefits are the for all to see and when an employee can’t work due to illness or injury then that way the company won’t lose out on any revenue and the same goes for employee, When companies are looking to hire the best talent on available it is always a good incentive to be able to offer them Private health insurance.

Healthy Businesses in 2009

In these unprecedented economic times, there are no doubts that small businesses are having to adapt and prioritise their spending activity. Budgets all round are being tightened and focus is being shifted onto those areas that are essential to the efficient day-to-day business operations. We at HISB at concerned with where Private Medical Insurance ranks within this hierarchy of priorities.

Taking into account the current financial climate, what is the outlook of private healthcare insurance within your small business?

• Are you planning to open a new healthcare policy to cover your employees?
• Are you increasing or enhancing any existing cover that you may have?
• Are you going to analyse the climate over the next few months and make a decision from there?

We look forward to hearing from all small businesses within the blogging community with their thoughts on this matter.