Health Care for Small to Medium Businesses

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      7 Feb 2011

      PMI brings better business

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      A report under taken by the Forum for Private Business has found that small business health insurance must be made more easily available even if that means that insurance companies must team up with other industry wide organisations to make sure that provision of healthcare is made cheap enough for the entire business community to benefit from private health insurance.

      The report stated that all small businesses need to be encouraged to take out a policy for their workforce as it has been found out that the provision of corporate healthcare is more likely to "cut absenteeism and boost staff satisfaction". The main thrust of this being that with a good quality comprehensive system of medical coverage the workforce is more likely to return speedily to the workplace, both because they are returning to health more quickly and because a healthy workplace is more often that not a happy workplace and a place people would prefer to be rather than the clinic.

      The benefit of this move by the forum is that it puts forward a plan where there can be a collective, rather than an individualistic approach, where several companies can band together to get a policy which is affordable enough for everybody to benefit. This is the best approach for anybody who has a very small company, this way an umbrella organisation would be the insurers.

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      9 Jun 2010

      Blue sky working...

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      One of the things that the newspapers report often is how much it costs industry in terms of money when work days are lost to illness.

      In some industries, the rates are higher than others - this could be for a number of reasons, including things like the stress levels of the job, or it could be to do with slightly more worrying things like flu epidemics.

      But in the general run of things, most people are at work every working day with only a small fraction of the working year (if any) lost to illness. Businesses take care of employees more and more these days partly in order to keep up with the ever changing health and safety legislation, but also out of a sense of duty to their employees - by adding value to the job and valuing the individual, it makes good business sense as well as keeping the people happy.

      The things a business can do to encourage confidence in individuals are many - it could be simple things like installing a good quality water cooler, offering discounted gym membership, or offering corporate medical insurance.

      Investing in the workforce has been the norm for a good while now, and it is a trend that is set to continue as businesses build on the idea that a healthy and confident workforce is the strongest asset available.

       

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      Blue sky working

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    We are a small group of enthusiastic people who work in the business world. The news we write will hopefully be helpful or engaging to our audience.
    Part of this site was created by Equator Digital Agency who are based in Glasgow.

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