Compare My Health Insurance

Yes, they are the same. Both terms refer to health insurance designed to protect employees' health and wellbeing while supporting businesses in boosting productivity.

Yes, contributions towards employee health insurance are considered a business expense, which is tax-deductible. Employers should consult with an accountant for specific guidance on their situation.

Aside from price, companies should consider the provider's reviews, cover options, customer service, claims handling, and the range of employee benefits offered.

Yes, health insurance providers allow employees to add family members to their plans, at an additional cost.

Business owners should review levels of cover, premiums, potential medical exclusions, and the list of hospitals available. Using a free comparison service which provides the assistance of a broker can simplify this process, and help ensure the best fit for their requirements.

A broker can provide expert guidance tailored to your specific needs, helping you navigate the complexities of the market. They will compare multiple insurers on your behalf, ensuring you find a policy that offers the best value and cover for your business, plus their services are free.

There are no penalties for switching business health insurance providers, but it’s recommended you do this at the policy's renewal. Our switch and save service can assist in making the transition hassle free.

Many providers offer similar benefits, such as cover levels and hospital lists. Plus, in some cases, you are able to carry-over cover for pre-existing conditions. A knowledgeable broker can help negotiate this aspect, ensuring you retain as many benefits as possible during the switch.

Yes! When switching, you can often negotiate better premium rates or additional benefits. Our team of brokers are skilled negotiators and can leverage their relationships with insurers to secure the best possible deal for your business.

No, their services are free. They receive a commission directly from the insurer for a successful introduction. This means you get the best deal on the market as well as FCA-regulated advice and ongoing support and it doesn't cost your business a penny!

Business health insurance is a type of insurance that provides health benefits to employees of a business, covering medical expenses and facilitating access to healthcare services, which can enhance overall workplace well-being.

Offering health insurance can improve employee morale and job satisfaction, reduce absenteeism due to health issues, and attract and retain top talent, ultimately benefiting the company’s productivity and reputation.

Businesses can choose from various health insurance plans, including group private health insurance, cash plans, and critical illness insurance, each designed to meet different needs and budget considerations.

Business health insurance works by allowing employers to pay a premium to an insurance provider, which in turn provides medical cover for employees. When employees need treatment, they can either claim reimbursement or have their medical bills settled directly by the insurer.

Yes, businesses can offer health insurance to part-time employees, but the specific terms and eligibility criteria may vary depending on the insurance provider and the chosen plan.

While both types of insurance support your business and employees, they serve very different purposes:

• Business Health Insurance (also known as private medical insurance) covers the cost of private healthcare for employees. It helps staff access faster treatment, avoid NHS waiting times, and return to work sooner—boosting productivity and wellbeing.
• Business Protection Insurance is designed to protect the financial stability of the business itself. It includes policies like key person cover, shareholder protection, relevant life cover, and business loan protection—providing financial support if a key individual dies or becomes critically ill.