Private Medical Insurance
Supporting your workforce with rapid, high-quality healthcare.
What is Private Medical Insurance?
Private Medical Insurance covers the cost of private medical treatment in times of illness, disease or injury. Here’s what Private Medical Insurance offers:
- Rapid Access to Care: Immediate treatment options at your employees’ choice of hospital.
- Reduced Waiting Times: Skip the lengthy NHS queues for faster diagnosis and treatment.
- Choice of Specialists: Access to a network of leading healthcare providers including Bupa and Aviva.
- Comprehensive Coverage: Includes diagnostics, treatments, and outpatient services.
Why choose Private Medical Insurance?
Private Medical Insurance for employees offers a comprehensive safety net prioritising swift, high-quality care.
This level of care ensures that your team can focus on recovery without the added stress of long waits and limited options, ultimately leading to faster return-to-work times and reduced absenteeism.
By investing in Private Medical Insurance benefit for employees, you’re not just providing healthcare; you’re investing in the overall success of your business.
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Interested in this benefit?
Our team would be delighted to answer any queries you have about our Private Medical Insurance or any of our employee benefit solutions.
FAQs
We want you to have the simplest, easiest experience possible when choosing the right employee benefits. But we know you might have a few questions. Read on for more information here. If you still have questions, talk to us.
Reduce sick leave
Get staff back to work faster
Flexible scheme
Different levels and packages of care are available
Attract staff
Attract and retain great talent
Private Medical Insurance benefit for employees is highly flexible and can be tailored to meet their specific needs. You can choose from various levels of coverage to ensure your team has access to essential services, including therapies, cancer care, outpatient care, and mental health support. Additionally, you can enhance your plan with optional features like dental and optical care, as well as worldwide travel insurance.
At Bravo Benefits, we do the heavy lifting to find the right Private Medical Insurance provider that fits your needs. Our Consultants take a tailored approach, guiding you through a personalised consultation to select the best level of care and features for your team. We’re here to support you every step of the way, ensuring your employees get the most from their plan. With our Smart Hive app, your employees can easily access all the details of their scheme and other benefits, giving them more control and leaving you with less to manage.
Yes. When an employer pays for private medical insurance as part of an employees benefits package , the HMRC regard it as a ‘benefit in kind’. Each year the P11D collects details of the cost of these benefits in kind and the employee pays tax on this cost.
Private Medical Insurance typically covers the cost of private medical treatment for acute conditions, including outpatient, inpatient, and day-patient procedures, surgeries, and other medical expenses. It does not cover chronic or long-lasting conditions.
Acute conditions are short-term illnesses that start after the policy begins, such as appendicitis, broken bones, or asthma attacks. These conditions respond quickly to treatment.
Chronic conditions are long-term and persistent, such as arthritis and diabetes. These are not usually covered under standard Private Medical Insurance plans.
Private Medical Insurance is a business expense eligible for tax relief, but it is considered a taxable benefit for employees and subject to P11D.