Paycare has confirmed that there will be no price increase on any of its healthcare plans to either corporate of individual customers in 2014.
Kevin Rogers, chief executive of Paycare, said: "Given the current state of the economy and the challenges faced by our clients and policyholders we resolved earlier this year to freeze the premiums on all of our products.
"Clearly, this meant that over a period of several months earlier this year we needed to take a long hard look at our plans. We worked hard to ensure that they continue to improve what we offer and combine the very best and most relevant benefits within the existing price bandings.
"In the corporate sector employee benefits are under increasing attack and we determined to do all we could to protect our policyholders from price increases. Similarly, household budgets are being affected by ever-rising costs."
