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

  • 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

DWP launches Occupational Health Taskforce

DWP launches Occupational Health Taskforce

Tackles workplace sickness

Jaskeet Briah
clock 21 February 2024 • 3 min read
Canada Life appoints interim MD for group protection

Canada Life appoints interim MD for group protection

Tim Stoves departs after six years in the role

Cameron Roberts
clock 13 February 2024 • 1 min read
Increased demand for mental health support in 2024

Increased demand for mental health support in 2024

41% of employers expecting a rise in demand

Cameron Roberts
clock 13 February 2024 • 1 min read