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How offering a cash plan can be more beneficial than a pay rise


Instead of a very small increase on their basic salaries, employees at Thomas Owen Care, a care home company in Huddersfield, have been able to claim back £100s of pounds in every day healthcare costs, by utilising a company paid health cash plan.


Administered by Simplyhealth, employees at Thomas Owen Care can claim back money on dental and optical bills, as well as on trips to the physiotherapist and osteopath.


Joe Martin for Thomas Owen Care comments: "We pride ourselves on looking after the health and wellbeing of our employees. As such, we want to offer our staff a benefit that will also help them in their everyday lives. The physiotherapy benefit is really useful, as they often need to lift heavy objects, which can have an impact on their back health. Over the last couple of years we would only have been able to provide our staff with a very small increase on their wages. A health cash plan is an affordable cost that will benefit every one of our 110 employees, helping to take care of their healthcare needs."


Howard Hughes for Simplyhealth says, "Health cash plans are often seen as affordable ways to reward staff and to invest in their health and wellbeing. By introducing cash plans, employees feel cared for and in turn more motivated to achieve company goals, resulting in a productive workforce that has a positive effect on the bottom line."

Private medical insurance news: 28 January 2012