Self-funding medical benefits with Medisure
Medisure pioneered the provision of healthcare on a self-funded basis and is the
largest provider of medical benefits trusts.
The larger your experience rated plan, the more predictable the cost of future claims
becomes, as claims volatility generally decreases in proportion to plan size.
In these circumstances, medical insurance is no longer the most cost effective solution.
By self-funding your healthcare scheme you can automatically benefit from:
-
No
Insurance Premium Tax (IPT) -
Reduction
or elimination of other insurance and tax related costs
-
Better
budgeting certainty
-
Cash
flow advantages
According to the Laing & Buisson Health & Care Cover UK Market Report 2005,
demand for self-funded corporate schemes is up 13% compared with that
for insured cover which has fallen for the second year, indicating that major organisations
are becoming increasingly aware of the benefits of this method of funding medical
benefits.
By self-funding with Medisure you benefit from flexibility and
customisation of benefits, cost containment and
first class service for you and your employees.
Our independence and transparent charging structure means that there are no hidden
insurance or commission charges. You can be confident that your claims fund will
be effectively managed to meet your business objectives and to care for your employees'
health – we ensure the most appropriate, cost-effective treatment options are utilised
within the limits you control.
Because of our market-leading expertise, we can deliver a seamless integration from
your existing arrangement to our enhanced service. A dedicated account management
team will advise and work with you to tailor your healthcare scheme to best meet
your objectives and employee health needs.
We will then handle all the legal, technical and administrative work necessary to
set up the most appropriate medical benefits trust through which to self-fund your
scheme - we have experience of setting up new trusts within extremely short time
scales where necessary, to meet expiry of clients' existing arrangements.
If you already self-fund and have a trust with another provider, then you can still
benefit from Medisure's claims cost management and service without having to set
up a new trust – you simply need to appoint us as your healthcare administrator.
WANT TO UNDERSTAND MORE ABOUT SELF-FUNDING AND THE TRUSTS AVAILABLE FROM MEDISURE?
CALL US ON 0870 908 3393.
