Research and Markets has announced the
addition of the "New Rehab Health Insurance Opportunities in UK"
report to its offerings.
The report highlights include:
A major review of how workplace absence is
managed made several recommendations including tax relief on spending to keep
sick employees in work (or speed their return to work) such as medical
treatment or vocational rehabilitation.
With promises made on NHS reform, the
government would find it very embarrassing to promote tax relief on corporate
private medical insurance.
The review suggests a new type of insurance
based on offering rehabilitation benefits and keeping people in work.
Insurers and healthcare groups already
offer employee wellness benefits either with or without insurance.
What the review suggests really does not
fit in neatly with any existing insurance proposition, shoe-horning it will be
For the first time in years, the insurance
and healthcare industries have the opportunity to develop brand new insurance
and health combinations around rehabilitation. This may appeal to insurers who
do not want to offer full private medical insurance, protection, insurers
seeking opportunities, and even overseas newcomers who would come in without
the baggage of existing UK insurance operations.
This new report looks at the background to
the review, what the recommendations are, what the insurance and healthcare
industries already offer to the corporate market on helping employees return to
work quickly, and which insurers are most likely to offer this product.
Income protection insurance news: 6 February 2012