- Research exposes medical insurance is a crucial driver for over half (57%) of individuals when selecting a job.
- ABI contacts companies to notify staff about the health and health and wellbeing assistance available to them on the first day of a brand-new job and every year.
The Association of British Insurers (ABI) today release a brand-new study report.* It assesses public mindsets towards the function of health and defense insurance coverage, together with NHS services, in assisting individuals to live much healthier lives and avoiding disease longer term. The research study likewise examines how individuals feel about access to independent health care and whether this varies if it is through insurance coverage offered by a company.
The study, commissioned by the ABI from Public First, discovered that medical insurance and earnings defense provided through the office are necessary elements for over half (57%) and almost half (49%) of individuals respectively when they are selecting a job. Seven out of 10 (69%) individuals would likewise think about getting medical insurance if their company provided it to them.
Our recent analysis of the health results of 16,365 individuals highlights a few of the advantages of independent health care for companies too. The research study discovered 2 of out 3 individuals (65%) who accessed professional rehab services through their insurance company didn’t require to take ill leave and one out of 4 (21%) were supported to go back to work.
We are contacting companies to utilize the Day One Statement to notify staff about the advantages available to them on their very first day of a brand-new job and after that on a yearly basis so they can make finest usage of the assistance their company deals. The Mid-life MOT** likewise offers a chance for employees in their 40s and 50s to analyze what health services are provided through the office. Health and health and wellbeing are already consisted of in the MOT therefore including signposting to services available ought to be an ‘easy win’.
Our study findings likewise highlight that over half (54%) of individuals believe the federal government ought to offer tax rewards to companies who provide their staff health and defense advantages. This even more stresses the growing significance of these items to individuals and the function they play in supporting a healthy, efficient labor force. We continue to get in touch with the federal government to cut the rate of Insurance Premium Tax (IPT) on medical insurance to permit more companies and people to access it and see this as a crucial path to enhancing workplace health.
Rebecca Deegan, Head of Protection and Health, ABI, said: “The function insurance companies play to help attain a healthy, growing labor force can’t be undervalued. The sector’s financial investment in avoidance and early medical diagnosis motivates individuals to take control of their health and live much healthier lives.
“As the number of people out of work due to ill-health rises, it’s also in employers’ best interest to inform their employees about the health and wellbeing support available to them, both on day one of a new job and annually. This is vital to encourage staff to make best use of the services on offer to support them to stay in good health.”
For more info, please contact the ABI Press Office.
