Health Insurance News

Three business benefits of offering health insurance to your employees

28/03/2017 - 9:00am

Standing out above the crowd can be incredibly challenging for Australian businesses. RSM Global's thinkBIG business report provides insight into why. 35 per cent of those surveyed said hiring great talent was too difficult, 33 per cent said there just wasn't enough time in the day and 25 per cent said a lack of market opportunity was holding them back.

22/03/2017 - 10:32am

The Australian workforce is ageing rapidly. In fact, the increasing age of the nation's population is expected to cost state governments an estimated 6 per cent of GDP up to 2060, according to the Productivity Commission.

In general, an ageing population is a positive sign - it means we're living longer. However, when combined with unhealthy lifestyles and a demanding workplace environment it can lead to increases in health problems that are already prevalent in Australia's workforce.

15/03/2017 - 11:50am

Taking better care of your employees' health isn't just the right thing to do, it's a smart business decision. There's an abundance of research from leading industry authorities that has unequivocally found that healthier employees are happier and more productive.

This means that unhealthy employees could be hurting your bottom line. How much do unhealthy employees really cost businesses and what can corporate health insurance do to minimise that cost?

06/03/2017 - 11:32am

When it comes to supporting the wellbeing of your employees, there are a number of steps that employers can take.

06/03/2017 - 9:26am

When it comes to choosing a health insurance provider, you want be assured that you'll have access to quality healthcare, without any smoke and mirrors. However, according to legal watchdog, the Australian Competition and Consumer Commission (ACCC), some Australians aren't getting the service they deserve.

Here's an overview of what the ACCC is looking to target this year, and what you should consider when choosing your health insurance.

28/02/2017 - 9:14am

You might have a suitable health insurance policy, but are you going to be able to pay the increased premium rates come April 1? Depending on your insurer, your premiums will rise by different amounts, but there is a way to avoid having to pay increased rates.

28/02/2017 - 8:52am

Have you recently looked at the industry weighted premium increases due to commence on April 1 and thought "my health insurance is costing far more than I can afford"? When comparing your health insurance to another, you need to be careful about the conclusions you make.

24/02/2017 - 4:17pm

When was the last time you were forced to hire a new employee because one of your workers left for a competitor? They might have seen a higher pay packet, better corporate structure, or a more attractive benefits package. As many as 40 per cent of employees surveyed by Fast Company in February 2016 listed corporate health insurance as a desirable benefit. The next most popular was paid holiday leave, at 37 per cent.

24/02/2017 - 9:22am

Do you want your business to one day be rated among the best in the world? It might not be for financial performance or technological innovation, but if you can create one of the greatest company cultures ever, your business would be revered. How can you go about doing that?

20/02/2017 - 11:39am

As of April 1 this year, health insurance premiums will increase across the industry, and government rebates on private health insurance will decrease. A Department of Health (DoH) media release from February 10 states that the average premium increase for 2017 will be 4.84 per cent - the previous lowest since 2010 was 5.06 per cent.

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