Skip to Content

What kinds of businesses can take out corporate health cover?

14 July 2020 - 12:08pm

Your employees are the greatest asset to your company. Their skills and expertise are what give your business strategy depth and value. By protecting their health and well-being, you are also prioritising the priceless resource that keeps your business in motion and allows you to meet your bottom line. Providing access to medical treatment and other necessary health benefits through corporate health cover not only shows that you value the lives of your employees, but that you're working to reduce absenteeism and improve productivity levels to encourage a happy and healthy work environment across the board.

But is showing interest in corporate health cover enough? Are all types of businesses eligible for a cover plan? Let's take a closer look at what kind of businesses are qualified to take out corporate cover and offer maximum health benefits to employees:

Who is eligible for corporate health cover?

Have you been told in the past that your business isn't eligible for corporate health cover because it's too small? Or, perhaps you thought your industry type wasn't fit for a corporate health plan?

These are a few of many myths that have been debunked when it comes to working out a corporate health cover package. There's no such thing as a business being too small for concessions, for example, discounts or access to dedicated corporate health insurance products.

Additionally, regardless of industry type, a corporate health plan can be a valuable component of a remuneration package. This case is especially worthwhile when you are chasing skilled employees from a limited talent pool; the better health cover you can offer, the greater your chances of gaining and retaining these employees.

While any industry can gain a corporate health plan, there are restricted insurers, according to the Australian Government Department of Health. These providers only offer policies to certain industries, companies or groups.

What can you do to set your business up for success?

Offering corporate health cover is one of the many ways you can make your business more appealing to prospective employees. Positioning your business to provide the best benefits and retain the greatest employees is one of the many ways you can make your company stand out for those looking for a different career path as they navigate the torrential backlash of the current COVID-19 economy.

Offering employees corporate health cover during a global pandemic alone shows how much you value the health and wellbeing of your employees and their family members.

If you believe in the value of your employees and want to ensure they remain healthy, productive and highly beneficial to your company, now's a great time to reach out to HICA for more information about a corporate health insurance plan.

At HICA, we consider ourselves the experts in the corporate health cover space. With nearly 40 years of experience, we can accommodate any business, regardless of its size, to get a better deal. We want to provide as much information and assistance as possible in navigating the different corporate health cover options and finding one that works best for your business and needs of your employees.

Whether you're looking for a health cover plan for your small business or you're working in an industry that needs a significant customised plan to suit the way your business works, we can help. We have the experience and can provide the support so you can thoroughly understand which one of the variety of options makes the most sense for your company.

We want you to feel comfortable in choosing a corporate health cover package, and that's why make ourselves accessible to clients whenever needed. All of the plans we offer are supported by our professional team who you can connect with online or over the phone for additional information or assistance if necessary.

Are you ready to learn more about our corporate health cover options and how one of our solutions can best accommodate your business? Contact HICA today for your no-obligation consultation - at no cost - to learn more about the products and services we have available.