HEALTHCARE CASH
PLANS
An affordable healthcare benefit for your employees.
Health cash plans help employees claim money back on everyday healthcare costs like dental check-ups, eye tests, and physiotherapy.
We understand health cash plans
Whether you’re a small business looking to introduce your first employee benefit or a larger organisation wanting to enhance your existing benefits package, a health cash plan for employees offers a practical and affordable way to invest in your workforce.
Unlike private medical insurance, health cash plans help employees claim money back on everyday healthcare expenses, making them a practical benefit that staff are likely to use regularly.
With a health cash plan, employees can claim cashback on routine healthcare costs such as dental treatment, eye tests, prescription charges, physiotherapy, and other eligible treatments. This helps reduce out-of-pocket expenses while encouraging employees to take better care of their health.
FREQUENTLY ASKED QUESTIONS
What does a health cash plan typically cover?
Health cash plans usually reimburse employees for a range of everyday healthcare expenses, which may include:
- Dental check-ups and treatments
- Eye tests and prescription glasses or contact lenses
- Physiotherapy and chiropractic treatment
- Prescription charges
- Specialist consultations
- Health screenings
The exact benefits and claim limits will depend on the provider and level of cover selected.
How is a health cash plan different from private medical insurance?
While private medical insurance (PMI) covers the cost of private treatment for serious or acute medical conditions, a health cash plan focuses on everyday healthcare expenses.
Health cash plans are typically more affordable and designed to help employees manage routine healthcare costs rather than major medical treatment.
How much does a health cash plan cost for businesses?
Health cash plans are generally one of the most affordable employee benefits available. The cost depends on factors such as:
- The number of employees covered
- The level of benefits selected
- The provider and policy structure
Many businesses choose health cash plans because they provide valuable support for employees at a relatively low cost per person.
Can employees add their family members to a health cash plan?
Some health cash plan providers allow employees to upgrade their cover or add family members such as partners or children, usually at an additional cost. This allows employees to extend the benefits of the plan to their household.
Are health cash plans taxable benefits?
In the UK, employer-funded health cash plans are usually treated as a Benefit in Kind (BIK), meaning employees may pay tax on the value of the benefit. Employers may also need to pay National Insurance contributions.
Our insurance specialists can provide guidance on the tax treatment for your business.
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Leylands Business Park,
Colden Common,
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