VitalityHealth has launched ‘Healthy Business Discount' for businesses with two to nine insured employees.
The proposition will provide small businesses with the opportunity to get a discount for a fully comprehensive healthcare plan combined with wellness benefits such as reduced price gym membership and free health checks.
The proposition is available to all new clients with two to nine employees making a specific request for a Healthy Business Discount quote.
For businesses to have access to the new scheme, Vitality will liaise directly with employees and will ask two questions about their medical and claims history.
The questions are as follows:
- Have you or any dependant to be insured on the plan been diagnosed with and/or had any consultations, tests or treatment for any cancer, mental or heart conditions in the last two years, or any joint disorder or disease (including arthritis and back problems) in the last six months?
- Have you or any dependant to be insured on the plan made a claim on your private medical insurance policy within the last two years (excluding any dental or travel claims)?
The business will receive a 25% discount on the price of their health insurance if they answer no to both questions.
Companies will still receive a 10% discount even if employees answer no to the question about their medical history but have not made a claim.
VitalityHealth has also invested in digital software by working with DocuSign to enable members to respond quickly and securely via their smart phones, tablets or PCs.
Neville Koopowitz, CEO of VitalityHealth, said: "There is growing evidence that companies which invest in the health and wellbeing of their staff see greater productivity returns. We understand that one of the key barriers for small businesses to invest in private healthcare for their employees is the cost.
"At Vitality our philosophy is to remove or reduce the barriers to getting healthy and we've applied that thinking to our new Healthy Business Discount proposition.
"By thinking differently we can now offer discounts that wouldn't have been available through traditional underwriting practices and at the same time deliver holistic healthcare and wellness solutions to more of Britain's small businesses."
