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 Ltd, 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 healthcare provider, Simplyhealth, employees at Thomas Owen Care Ltd have been able to claim back money on dental and optical bills, as well as on trips to the physiotherapist and osteopath, up to annual limits, since September 2010.
Joe Martin, Director for Thomas Owen Care comments: "Due to the economic climate over the past few years, we, like many other organisations have had to rationalise our operational costs, and have had to carefully consider the benefits package available to staff. We pride ourselves on looking after the health and wellbeing of our employees. As such, we wanted to offer our staff a benefit that would also help them in their everyday lives. The physiotherapy benefit is really useful to our employees 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, spokesperson for Simplyhealth said: "Health cash plans are often seen as affordable ways for organisations 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. Happy employees are also much easier to retain, while a benefits package that includes a valued health plan, can act as a draw for new talent."
Thomas Owen Care Ltd is a family owned care home company. It first opened as a mental health nursing home in 1989, but has since acquired two further residential care homes, with 34 beds each, for older people and those with dementia. Thomas Owen Care Ltd are also about to open Hopton Care Cottages, a new luxury 60 bed ground floor care home, in West Yorkshire.
Simplyhealth provides health cash plans, dental plans, self funded health plans and private medical insurance to 11,000 companies in the UK. Our plans can help recruit and retain staff, manage absence and help employers fulfil their duty of care needs.
For further information about Simplyhealth please visit www.simplyhealth.co.uk/forbusiness or call 0845 075 0063.
Notes to editors
- We became Simplyhealth in 2009 after bringing together HSA, BCWA, LHF, HealthSure, Totally Active, our family of health companies have joined together over the last ten years to form Simplyhealth
- We've been providing healthcare solutions for 140 years, dedicated to serving our customers and patients through a variety of cash plans, dental plans, private medical insurance, self funded health plans and mobility and living aids
- Simplyhealth is a trading name of Simplyhealth Access, which is authorised and regulated by the Financial Services Authority Simplyhealth as it stands today, now covers nearly four million people with health plans (more than any other company) and helps 20,000 companies with their employees' health
- Simplyhealth is committed to making a positive impact on its communities. Each year, we donate over £1 million to health related charities and causes
The information contained in these articles is intended to be for general interest, and should not be relied upon for specific conditions or complaints. You should always consult your GP or other healthcare practitioner for specific advice. The information provided is not the opinion of Simplyhealth and has been sourced through a third party.