When a member of staff goes off sick, there is an impact on productivity and in some cases other members of the team will need to step in to ensure things get done. But when a member of staff has a longer term condition the disruption to the business could be significant. The aim would be to get the employee fit and back to work as quickly as possible.
Waiting for appointments on the NHS could take up to 18 weeks and this is before you are even seen by a specialist, never mind being treated. The impact on business can be huge – so what can an employer do?
With the increasing pressure on and cut backs within the NHS, more and more people are turning to the private medical sector. Employers who are able are providing their employees with private medical insurance. This benefit makes staff feel valued, but also gets employees treated and back into the workplace as soon as reasonably practical. It is important that employees are supported while they are off, but equally, it is important to ensure the business is able to function efficiently with all staff performing at their optimum level.
There is a range of providers and group schemes work in several different ways. In some cases each employee will have their own policy, in some cases usually for larger companies, it is a group scheme and often with an individual employee’s medical history disregarded. In larger companies partners or families are often also insured for senior members of management, while in other companies some or all of the staff are able to pay for family members to be covered at the corporate discount rate.
Providing private medical insurance is a cost to your business, but it can also provide long term cost savings and be a way of protecting your business, keeping staff healthy and in work longer.