Corporate health insurance policies do not need to be complicated. Anderson Health help businesses offer comprehensive coverage to their employees.

We currently advise several multi-national organisations on their corporate health insurance policies. Company medical insurance covers a group of people who are usually members of societies, employees of a company or professionals in a common group.

Corporate medical insurance is designed for larger companies with upwards of 100 employees. New employees do not need to declare their medical health as the method of joining is medical history disregarded (MHD).

Unlike the smaller SME groups, corporate policies have a flat rate for all employees under the age of 65. This means that they are not subject to the age-band changes associated with SME schemes.

Corporate medical insurance policies are also known as claims-related schemes because future renewal pricing is determined purely by how that specific company scheme has been performing, from a financial perspective. While a low claiming contract year could result in a rate reduction, a high claims experience could result in a substantial premium increase at renewal time.

Corporate health insurance policies can include coverage for pre-existing policies compared to individual policies that generally exclude pre-existing conditions.

We advise multi-national organisations on corporate health insurance policies