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SMEs continue to offer private medical cover despite downturn

Published on 07/12/2010
The economic downturn has not prevented many small and medium-sized businesses (SMEs) from offering private medical cover, it has been claimed.

According to, while many businesses have been hit hard by the recession, leading them to reduce employee benefits, the SME sector has performed relatively well.

Furthermore, SMEs are especially keen to offer benefits such as private healthcare as they feel the effects of absenteeism more keenly, Peter Taylor, head of business solutions at Bluefin, told the news provider.

Kevin Murdoch, senior proposition development manager at private medical cover provider Aviva UK Health, added. "Employers know the economic environment is tough but also know it's going to get better at some point.

"They don't want to drop a benefit that is highly valued by employees, especially when its removal may be the determining factor that drives the employee to leave when the economy recovers."

Aviva Health UK recently won three prizes at this year's Health Insurance Awards, including the coveted Health Insurance Company of the Year award and the Best Group Private Medical Insurance prize. 
© ActiveQuote Ltd. 2010

Categories:  Health Insurance
SMEs continue to offer private medical cover despite downturnThe economic downturn has not prevented many small and medium-sized businesses (SMEs) from offering private medical cover, it has been claim    tweet it on twittershare with your friends on Facebookshare with your friends on MySpaceBlog it on your LinkedIn profile

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