Bupa claims a first with Patient Cash plan
Bupa has created a cash plan alternative to health insurance, for companies of any size.
Claiming to be an industry first, Bupa Patient Cash offers a number of the usual health insurance benefits in the form of a low-cost cash plan.
Three levels of cover are available for a fixed annual cost, including up to £600 a year for consultations, up to £2,000 a year for in-patient hospital stays and up to £400 a year for day-patient surgery in a hospital.
Cover of up to £600 per annum is also available for physiotherapy, osteopathy or homoeopathy and all levels of cover include 24-hour access to Bupa’s nurse helpline, which provides information and advice about any healthcare issues.
The plan is available as a company funded, voluntary or flexible benefit; there is no upper age limit and no need for company funded employees to declare pre-existing conditions or be underwritten.
The cost is based on the number of staff covered, starting at £93.50 per employee per year for companies with over 250 employees.
In other Bupa news, the company has recently launched a Community Crops initiative which aims to promote the health benefits associated with gardening and growing fruit and veg.
Bupa care home residents across the UK are appealing for green-fingered volunteers to help with the campaign.
Category: Business Insurance News, Health Insurance News, Insurance News
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