Group Medical

A company that provides Group Insurance for their staff shows that they are among New Zealand’s best and most community minded employers.

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They show that they understand that people are an organisation’s most important and valuable asset.

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But what benefits does an employer get for providing a subsidised health insurance?

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Attract potential staff

• Health insurance is a highly valued employee benefit.

• A subsidised health insurance scheme is rated as more important than corporate reputation and is the most important fringe benefit when assessing new employers – more important than car parking or subsidised income protection.

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Retain key staff

• Employers who pay for health insurance usually enjoy higher levels of employee satisfaction.

• Having staff absent for a long period of time due to illness can increase the level of stress experienced by other employees.

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Reduce absence

• Subsidising health insurance can reduce time off due to medical reasons.

• Full-time employees with health insurance subsidised by employers took on average 2.2 fewer days off work than those without health insurance.