Later this year, Bupa is launching a new flexible private medical insurance for businesses employing more than 50 people. Companies will be able to build their own tailored health insurance packages using benefit options, so will not have to pay for cover they don’t want or need.
BUPA Select will be available from 1 December with core cover and options on out-patient care, add-on cash packages and a range of underwriting and excess options.
Companies can also choose to exclude cancer or psychiatric cover, have a rolling excess or add an annual benefit maximum to their policy, allowing them to control costs and minimise exposure to high claims.
There will also be packages available to cover overseas and offshore employees based in Jersey, Guernsey or the Isle of Man.