Business Report
Author: Ian Youngman, independent
writer on insurance and healthcare
Pages: 150
Cost: £650 (reduced from £900!)
Report summary: corporate healthcare report: Self Funding Healthcare for Companies
The new
research report “Self Funding Healthcare for Companies” studies
the growth of self-funding corporate healthcare and the use of
healthcare trusts.
The
government mantra is that individuals and employers must take more
responsibility for health and finance. Companies want a healthy
workforce, for the sake of the individuals and the business.
Traditionally,
the answer has been to buy corporate private medical insurance, but
medical inflation and insurer price rises make this more expensive
every year. Large excesses, complex systems of encouraging a healthy
workforce, and co-payments have all been tried to keep costs down, But
all have serious drawbacks –employee anger at finding they have to
pay a large share of each claim, employee annoyance at inability to
choose hospital, or unexpected and hard to control bills.
While
corporate private medical insurance has been in the doldrums for the
last decade, an increasing number of companies, often quite small
ones, are turning to self-funded health care by using healthcare
trusts.
Scope
of the report:
- Private health and reform of NHS, sickness and welfare benefits
- The growth of self-funding healthcare
- The healthcare trust market and providers
- Advantages and disadvantages of self-funding
- The effect of new age and gender insurance legislation
“Self Funding Healthcare for Companies” offers a comprehensive
independent analysis of the healthcare trust market and alternatives.
Highlights:
- Over a million people are covered by healthcare trusts
- Many insurers are offering them to balance the loss of corporate PMI
business
Key
areas covered
- What
a healthcare trust is
- Why
healthcare trust schemes are not private medical insurance
- What
healthcare trusts can cover that may not be available on PMI
- The
use of stop loss insurance
- Who
a healthcare trust is for
- Who
a healthcare trust is not for
- Corporate
PMI versus healthcare trusts
- The
size of the healthcare trust market
- Corporate
profiles of providers of healthcare trusts
- What
healthcare trust schemes can cover that health insurance cannot
- Potential
problems with healthcare trust schemes
- The
potential
- Conclusions
- Case
studies
Reasons
to buy:
- Why companies may consider healthcare trusts and self-funding?
- Which providers are at the forefront of innovation in the healthcare
trust market?
-
What factors limit the growth of this sector?
Report contents
- Strategic
overview
- Health
insurance in the UK
- The need
- The
private health market
- How
private healthcare works
- NHS reform
- The
private health market view on NHS reform
- NHS
and private patients
- Welfare
reform
- Sickness
absence reform
- The
OFT review of the private healthcare market
- The
OFT review of the dental market
- The
gender ruling
- The
new age laws
- The
health insurance market
- Insurance
market size
- PMI
costs for employers
- Popularity
of health insurance benefits
- Employers
will need to offer more employee benefits
- Even
the low paid will pay for private healthcare
- Profiles
of leading providers in mainstream health insurance
- Competing
traditional products
- Health
savings accounts
- What
a healthcare trust is
- Why
healthcare trust schemes are not private medical insurance insurance
- What
healthcare trusts can cover that may not be available on PMI
- Stop loss insurance
- Who
a healthcare trust is for
- Who
a healthcare trust is not for
- Corporate
PMI versus healthcare trusts
- The
size of the healthcare trust market
- Corporate
profiles of providers of healthcare trusts
- What
healthcare trust schemes can cover that health insurance cannot
- Potential
problems with healthcare trust schemes
- The potential
- Conclusions
- Case studies
Companies Mentioned
- Aetna
- Allianz
- Avantis
Health
- Aviva
Health
- AXA
PPP healthcare
- Benenden
Healthcare
- Bupa
- CIGNA
- CS
Healthcare
- DKV
- EngageMutual
- Exeter
- General
and Medical Healthcare
- Healix
- Health
Shield
- Medical
Care Direct
- New
Vision Healthcare
- PruHealth
- Simplyhealth
- WPA
- Westfield
- Zurich
About the author
Ian Youngman is a writer and researcher
specialising in insurance and health. He writes regularly for a variety
of magazines, newsletters, and on-line services. He also publishes a
range of insurance reports and undertakes research for companies. An
ACII, with an honours degree in economics from the University of
Liverpool, Ian was a co-founder of The General Insurance Market Research
Association. He also has widespread experience within the insurance
industry at management level, working for brokers, a bank, and an
insurance company.
