In recent times gone by, when it came to employee benefits, Private Medical Insurance (PMI) was often overlooked. But at Protectus Healthcare, the rate of enquiries from business owners around offering health insurance to staff as a benefit has never been higher.
In today’s fast-paced, high-stress work environment, providing PMI to your employees can be a game changer. Not only can it improve employee satisfaction and retention, but it can also help keep your workforce healthy, happy and productive.
One of the most significant benefits of private healthcare is that it allows you to access medical treatment faster, which sadly in today’s climate is becoming more necessary than ever. The current crisis our National Health Service finds itself in is one of great concern, with appointment and treatment wait times currently at an all-time high. With PMI, employees can bypass the long waiting lists and receive the care and attention they need within days or weeks. With the ability to access medical treatment fast and effectively, your employees are less likely to miss prolonged periods of work due to illness or injury.
But perhaps the most compelling benefit of PMI is that it can be a valuable employee benefit that can help attract and retain talented employees. In today’s competitive job market, top talented candidates have more options than ever before. Offering PMI can be a powerful tool in differentiating your business from competitors and showing your employees that you value their well-being.
From a staff retention perspective, PMI can also help to reduce the cost of sick leave and employee turnover. When employees have access to medical treatment, they are more likely to stay healthy and productive, which can result in lower costs for your business.
So, providing Private Medical Insurance to your employees can be a win-win for both of you. It can improve employee satisfaction and retention, help keep your workforce healthy and productive, and can also help attract and retain top talent. It’s time to give PMI the attention it deserves and make it a part of your employee benefits package.