SMEs vote PMI as 'most valued benefit'

clock • 1 min read

Half (48%) of SME employees have voted for private medical insurance as their top most valued workplace benefit, according to Ellipse.

Just over a third (37%) voted for life insurance, making it the 2nd most valued overall. In addition, the report found that critical illness took third place with 31% of employees voting it in their top three. The survey of 1,005 UK SME employees, conducted by digital group risk insurer Ellipse in October 2016, found that health and financial benefits are the most sought after workplace benefits by employees. Employees were asked to choose the top three they would value most from a number of different employee benefits (however, they may not necessarily have access to these benefit...

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 PMI

NHS waiting list stagnant in September 2025
PMI

NHS waiting list stagnant in September 2025

7.39m treatments on list

Cameron Roberts
clock 13 November 2025 • 2 min read
Use of insurer-provided health services up by 23%: ABI
PMI

Use of insurer-provided health services up by 23%: ABI

Association calls for IPT freeze

Jaskeet Briah
clock 03 November 2025 • 3 min read
Private healthcare invoices slow in 2025: Healthcode
PMI

Private healthcare invoices slow in 2025: Healthcode

1.6% slowdown in Q3 2025

Cameron Roberts
clock 28 October 2025 • 1 min read