About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   tmmonline.nz  |   landlords.co.nz
Last Article Uploaded: Friday, November 15th, 6:56PM
rss
Latest Headlines

Small firms get staff cover

A new health cover policy for employees is designed to cover a gap in the market, Accuro says.

Friday, January 30th 2015, 6:00AM

by Susan Edmunds

The health insurer has launched StaffSmart, a workplace health cover programme for employers at small businesses.

Kelleigh Aston, general manager of sales and marketing, said most staff products were offered for groups of more than 25 people.
StaffSmart covers 15 to 25.

“We get lots of requests from people saying there’s not enough competition in that up-to-25 space,” she said. “We thought, why don’t we create something?”

The plan is made up of a base plan that covers surgery, cancer treatment, major diagnostic procedures, private hospital admissions and treatments outside New Zealand.

Two option plans can then be added: Specialist Care, which covers specialist visits and testing, and Everyday Care, which covers GP visits, prescriptions and practice nurse visits.

It was a way for employers to offer health cover to employees as a benefit of working for the business, Accuro said.

Aston said that small businesses were not well catered for with staff plans.

The plan includes full underwriting but if staff stay with the company and the plan for three years, pre-existing conditions are removed from the policy.

“A lot of advisers have been asking for something of this type,” Aston said. “Particularly in small rural areas, in the South Island. Twenty-five is too high. Lots of advisers deal with smaller companies.”

She said Accuro had tried to keep the policy as simple and as similar to StaffCare, its policy for bigger firms, as possible.

« Demand for simpler trauma policiesYour job is to simplify regulatory complexity »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Suncorp invests in wellbeing
Suncorp New Zealand has now invested a total of $20 million into wellbeing bonds as part of its focus on identifying sustainable investment opportunities that can deliver positive community outcomes.

AIA adds mental health support
AIA is boosting Vitality members’ donations to the Mental Health Foundation.

Major milestone for Cigna
Cigna, which acquired OnePath Life last year, is on the verge of reaching "a huge milestone".

Fidelity Life gets tick
Fidelity Life has been awarded the Accessibility Tick.

News Bites
Latest Comments
Subscribe Now

Cover Notes - Specific news aimed at risk advisers

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com