Private Medical Insurance (PMI) is a well-established way for employers to provide access to private healthcare. For many organisations, it remains a familiar and effective part of a broader reward and benefits strategy.
Against a backdrop of rising healthcare costs, insurance premium tax (IPT), pressure on services, changing workforce expectations and evolving health and wellbeing strategies, businesses across a wide range of sectors are increasingly turning to healthcare trusts as a viable business funded alternative to PMI.
This whitepaper provides an insight into how a Healthcare Trust can work for a business – as well as dispelling some of the myths that currently exist about this alternative to private medical insurance.
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