Business health insurance
Cover your employees for the private diagnosis and treatment of medical conditions, as well as access to additional help and support services.
Get a business health insurance quote
If you’re ready to find out how much business health insurance will cost you, or if you need help with any questions, don’t hesitate to contact one of our advisors. We work independently from providers, and we’ll aim to provide you with an unbiased service with no obligation to purchase. Provide us with your contact information, and a team member will get back to you.
What is business health insurance?
Business health insurance covers employees for diagnosing and treating medical conditions and gives them access to additional health support services. The medical conditions your employees are covered for will vary based on your policy level, provider, members own underwriting terms, additional coverage options you include, and more. As a basic rule, business health insurance aims to cover employees for acute medical conditions, as opposed to chronic medical ailments.
Business health insurance is paid for by the business and provided to its employees as a benefit. While this insurance type may be available to companies of all sizes, different business types may have unique requirements or policies that must be considered when shopping for a policy.
Types of business that offer health insurance
Freelancer & self employed health insurance
If you’re a freelancer or self employed, you’ll understand the implications of being unable to work due to illness. Having private medical cover may help you return to work sooner if you become unwell, reducing some of the risks associated with being absent from your company. As you’ll only be purchasing the policy for one or a few employees, you may be able to tailor the policy around individual employee needs compared to a more significant business that covers a larger group.
SME health insurance
Small to medium sized enterprises will have a larger team than self employed individuals, but they’ll still have flexibility over the type of cover they purchase. You can tailor your private medical coverage around your biggest health risks or concerns, such as mental health or physical therapies.
Corporate health insurance
Larger companies may find that they have access to additional or alternative policies due to the number of employees they have to cover. As the workforce is larger than other business types, it may be more beneficial to purchase a policy that covers the most common health issues, as you’ll need to consider the needs of many employees rather than the specific needs of a few.
Company leavers health insurance
The support you offer your employees through business health insurance doesn’t have to end when they retire. Known as company leavers insurance, we’ll aim to help them transition to a personal policy with the same or similar terms they were covered for when working for you. Just let us know when an employee is nearing retirement, and we’ll help you and them with their new insurance needs.
What does business health insurance cover?
There are many coverage options available with business health insurance, and you may have flexibility over which of these you include in your policy. Some coverage options may only be available on more comprehensive plans, while others may be available to add and remove freely from your base policy. Some examples of the type of options you may have available include:
Access to private hospitals & medical facilities
Medicine, drugs, procedures & treatments
Private GP appointments in-person and virtually
Access to digital health advice and support
Members perks and benefits, such as discounts
Mental health counselling, support and advice
Inpatient and outpatient treatments
Optional therapies, such as physiotherapy
Medical diagnosis and tests
24/7 helplines with medical professionals
Cancer cover
Why should you consider business health insurance?
Provide your employees with access to private health facilities and services.
Flexible policies make it easy to add and remove employees.
Demonstrate to your workforce that you care about their wellbeing.
Your employees may have quick access to diagnosis and treatments.
Offer your employees services which may improve their health, which in return may improve their productivity and reduce absence.
Provide your staff with greater flexibility through virtual and in-person appointments booked around their schedule.
You may be able to deduct the cost of business health insurance from pre tax profits.
Including private medical insurance within your benefits package may attract and retain employees.
Alleviate the cost of private medical insurance from your employees, who may no longer need a personal policy.
How much does business health insurance cost?
How much your company pays for business health insurance will vary based on the policy details, who the provider is, and information unique to your business. We’ll make you aware of any decisions you can make along the way that might affect your price, but here is some general guidance on what's considered when generating a cost:
Compare business health insurance policies
We can help you compare the business health insurance policies available across UK providers. We offer an unbiased service that aims to find you the most competitive policy that offers all of the coverage options you need. You have no obligation to purchase; we only need some basic information to get started.
What our advisors have to say about business health insurance
“Providing health insurance to your employees may bring immediate and longterm benefits that outweigh the direct cost to a business. There are many plans available, and many companies I speak to are surprised about their options after having their first consultation”
Business health insurance FAQs
How many employees can I cover under business health insurance?
How much will business health insurance cost you?
Can employees still use the NHS?
How is business health insurance taxed?
Why choose Premier Choice Group?
Personal market analysis
Our team will personally review your options
Free comparison service
Our no obligation service is entirely free
Independent advice
Our advice is always unbiased and impartial
Fair analysis
We aim to offer a fair analysis of policies available on the market
Single UK-based contact
A UK based company providing a nationwide service
Qualified advisors
Authorised & regulated by the Financial Conduct Authority
Helping you with your employee benefit needs
International Group Health Insurance
Cover your employees for private medical treatment if they travel abroad or relocate to an overseas office.
Learn moreHealthcare Trusts
Provide private healthcare and wellbeing coverage to your employees through a flexible, tax efficient trust that puts you in control of how you deliver health benefits.
Learn moreEmployee Health Assessments
Health assessments may help you to understand the general health of your employees, and whether there are any risks to your staff and business due to health issues. Receive and implement action plans that aim to combat these risks, while benefitting from a healthier workforce.
Learn moreBusiness Health Cash Plans
Help your employees with their health related costs through a business health cash plan. Cover expenses such as dental, optical and subscriptions up to a limit for the employees covered under the plan.
Learn moreBusiness Travel Insurance
Protect individuals or groups of employees when they travel internationally. Cover them for a single trip or opt for an annual policy if your staff travel overseas often.
Learn moreOccupational Health Services
Understand any health risks with your business and create a targeted action plan designed to prevent absence and support employees returning from illness.
Learn moreBusiness Dental Insurance
This would cover your employees for preventative and restorative treatments such as dental checkups, treatments, and consultations.
Learn more