Post by moon125 on Nov 5, 2024 4:48:04 GMT
VHI is a form of voluntary health insurance that a company provides to its staff as a bonus. Essentially, this means that management enters into an agreement with a health insurance company, partially or fully paying for the cost of medical services for its employees (and sometimes their family members). We will tell you below how this approach affects motivation and loyalty.
What is included in voluntary health insurance?
As part of the voluntary health insurance program, employees have access to a wide range of medical services, including specialist consultations, treatment procedures, diagnostics, laboratory tests, etc. In addition, an individual mobile application is provided for convenient management of services and interaction with the insurance company.
Standard VHI package
Standard VHI package
Each insurance company offers different packages of VHI services, so it is important to carefully study the terms of the policy before shopify website design purchasing it in order to understand what specific medical services and procedures are included in the insurance.
Benefits of voluntary health insurance for a company
Increased productivity. Employees who take care of their health have a good overall physical condition and can cope with work tasks better and faster.
Reduced absenteeism. Regular check-ups and timely treatment allow employees to prevent serious illnesses or complications, which in turn reduces the number of days spent on sick leave.
Increased employee satisfaction: Access to VHI can be an attractive benefit for attracting and retaining talent.
Reflection of concern for staff. Providing voluntary health insurance demonstrates the company's concern for the health of its employees, which can strengthen the corporate culture, increase loyalty and the attractiveness of the HR brand.
Z - care
Z - care
Benefits of a voluntary health insurance policy for staff
Reducing personal costs for services in medical institutions.
Receiving qualified medical care.
Checking the current state of health, timely detection of diseases.
An incentive to monitor your health (get tested, undergo examinations, visit doctors, etc.).
survey platform
Find out the opinion
of employees
Just!
How to implement voluntary health insurance in a company
Here are the key steps that can help you implement VHI in your company:
Conduct an employee needs analysis
Conduct a survey of employees to understand their health insurance needs.
Here are examples of questions you can ask:
What medical services and procedures do you consider most important when choosing health insurance?
How often do you visit doctors for preventive examinations and consultations? What additional services or coverage under the VHI for family members would be most useful for you?
Is it important for you to have dental coverage in your VHI program?
Additionally, the program can include voluntary health insurance for family members. Expanding coverage to families can be an important factor in strengthening employee loyalty, as it will allow them to not only take care of their own health, but also the health of their loved ones.
Select a provider
Voluntary medical insurance policies are issued through the insurance company with which the company concludes an agreement. It is better not to choose the cheapest insurance companies, since they are often limited in providing services and access to medical institutions. In other words, employees will not be able to use the services of voluntary medical insurance, and you will waste money.
What to look for when choosing an insurance company
What to look for when choosing an insurance company
What are the best criteria to use to choose an insurance company:
Number of partner clinics. The more clinics work with the insurance company, the more convenient it is for employees. Firstly, they are not limited geographically in any way, you do not need to travel across the city to see a doctor. You can choose a convenient time and day to visit a doctor. Secondly, a large selection of clinics allows you to choose specialists according to your needs and preferences, which increases the level of satisfaction with VHI.
License validity period (can be found on the company's website). Reliable insurance companies operate under licenses with an unlimited validity period. If the license expires in 1-2 years, this may be a signal that the insurance company has certain problems. We recommend that you study the information about the company in more detail. It may have debts to the tax office or clients.
HR Reviews. The HR community often discusses various aspects of working with service providers, including insurance companies. Reviews from other HR professionals can give you an idea of the quality of service, level of support, and pricing policy of the insurance company.
Technology. It is important that the insurance company has a user-friendly website and mobile application. Availability of online consultation functionality with doctors or the ability to make an appointment via a mobile application can also significantly simplify the process of receiving medical care.
Now create a comparison table for presentation to management.
Table template for choosing an insurance company
Table template for choosing an insurance company
Agree on the insurance program and budget with management
Emphasize the benefits that implementing VHI can bring to a business, such as increased productivity, reduced employee turnover, improved company image, etc.
If the economic aspect is the main obstacle to implementing a VHI program (usually the company compensates for the costs of insurance services), you can offer to reduce the financial burden by sharing the costs with employees. For example, the company can cover the basic insurance plan, and let the team pay for additional services.
What is included in voluntary health insurance?
As part of the voluntary health insurance program, employees have access to a wide range of medical services, including specialist consultations, treatment procedures, diagnostics, laboratory tests, etc. In addition, an individual mobile application is provided for convenient management of services and interaction with the insurance company.
Standard VHI package
Standard VHI package
Each insurance company offers different packages of VHI services, so it is important to carefully study the terms of the policy before shopify website design purchasing it in order to understand what specific medical services and procedures are included in the insurance.
Benefits of voluntary health insurance for a company
Increased productivity. Employees who take care of their health have a good overall physical condition and can cope with work tasks better and faster.
Reduced absenteeism. Regular check-ups and timely treatment allow employees to prevent serious illnesses or complications, which in turn reduces the number of days spent on sick leave.
Increased employee satisfaction: Access to VHI can be an attractive benefit for attracting and retaining talent.
Reflection of concern for staff. Providing voluntary health insurance demonstrates the company's concern for the health of its employees, which can strengthen the corporate culture, increase loyalty and the attractiveness of the HR brand.
Z - care
Z - care
Benefits of a voluntary health insurance policy for staff
Reducing personal costs for services in medical institutions.
Receiving qualified medical care.
Checking the current state of health, timely detection of diseases.
An incentive to monitor your health (get tested, undergo examinations, visit doctors, etc.).
survey platform
Find out the opinion
of employees
Just!
How to implement voluntary health insurance in a company
Here are the key steps that can help you implement VHI in your company:
Conduct an employee needs analysis
Conduct a survey of employees to understand their health insurance needs.
Here are examples of questions you can ask:
What medical services and procedures do you consider most important when choosing health insurance?
How often do you visit doctors for preventive examinations and consultations? What additional services or coverage under the VHI for family members would be most useful for you?
Is it important for you to have dental coverage in your VHI program?
Additionally, the program can include voluntary health insurance for family members. Expanding coverage to families can be an important factor in strengthening employee loyalty, as it will allow them to not only take care of their own health, but also the health of their loved ones.
Select a provider
Voluntary medical insurance policies are issued through the insurance company with which the company concludes an agreement. It is better not to choose the cheapest insurance companies, since they are often limited in providing services and access to medical institutions. In other words, employees will not be able to use the services of voluntary medical insurance, and you will waste money.
What to look for when choosing an insurance company
What to look for when choosing an insurance company
What are the best criteria to use to choose an insurance company:
Number of partner clinics. The more clinics work with the insurance company, the more convenient it is for employees. Firstly, they are not limited geographically in any way, you do not need to travel across the city to see a doctor. You can choose a convenient time and day to visit a doctor. Secondly, a large selection of clinics allows you to choose specialists according to your needs and preferences, which increases the level of satisfaction with VHI.
License validity period (can be found on the company's website). Reliable insurance companies operate under licenses with an unlimited validity period. If the license expires in 1-2 years, this may be a signal that the insurance company has certain problems. We recommend that you study the information about the company in more detail. It may have debts to the tax office or clients.
HR Reviews. The HR community often discusses various aspects of working with service providers, including insurance companies. Reviews from other HR professionals can give you an idea of the quality of service, level of support, and pricing policy of the insurance company.
Technology. It is important that the insurance company has a user-friendly website and mobile application. Availability of online consultation functionality with doctors or the ability to make an appointment via a mobile application can also significantly simplify the process of receiving medical care.
Now create a comparison table for presentation to management.
Table template for choosing an insurance company
Table template for choosing an insurance company
Agree on the insurance program and budget with management
Emphasize the benefits that implementing VHI can bring to a business, such as increased productivity, reduced employee turnover, improved company image, etc.
If the economic aspect is the main obstacle to implementing a VHI program (usually the company compensates for the costs of insurance services), you can offer to reduce the financial burden by sharing the costs with employees. For example, the company can cover the basic insurance plan, and let the team pay for additional services.