Three quarters of intermediaries see rising interest in low-cost health cover

Benenden Health research shows

Jaskeet Briah
clock • 1 min read

Three quarters (85%) of intermediaries have seen an increased priority among businesses for low-cost health cover for its employees, according to new research by Benenden Health.

Research of 54 intermediary brokers in the healthcare sector found that an additional 41% of firms have seen a "significant" increased interest in low-cost health cover. Low-cost cover was more favourable for businesses than digital GP services (82%), employee assisted programmes (79%) and cash plans (77%). Intermediaries also reported seeing a greater interest in hybrid health cover products (64%), which includes cover that applies to an "equal mix of all" and to some specific employees, Benenden Health detailed. Rebecca Mian, head of HR at Benenden Health, commented: "A one-size ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Group Protection

L&G launches workplace burnout prevention model

L&G launches workplace burnout prevention model

"Addressing the negative culture first is paramount"

Jaskeet Briah
clock 08 May 2024 • 2 min read
94% of insurance counselling appointments accessed by employees: ABI

94% of insurance counselling appointments accessed by employees: ABI

More customers are using health services through protection

Jaskeet Briah
clock 07 May 2024 • 4 min read
Aviva's wellbeing app sees employee registrations jump 146%

Aviva's wellbeing app sees employee registrations jump 146%

Over half of people had high cholesterol

Jaskeet Briah
clock 29 April 2024 • 2 min read