Your business is different from the rest. It makes sense to choose healthcare cover that is too. Here’s how you start to shape your plan:
Choose the cover options that are right for your business.
Decide who to cover and how you’d like to handle existing conditions.
Only pay for the cover you want.*
*If you are buying cover for 1-2 people only, you will need to include either the Treatment Option or the Diagnostics Only Option in your plan. For more information about our cover, any cover limitations and what we don't cover please see our product brochure.
Cover for hospital procedures and operations, including surgery, plus radiotherapy and chemotherapy for cancer when you include Comprehensive Cancer Cover.
Waiting for a diagnosis can be a worrying time. This option makes sure you or your employees can see a specialist quickly if you become unwell.
Help your employees look after their teeth and eyesight with cashback towards dentists’ fees, glasses, contact lenses and eye tests.
Cover for referred treatments by an osteopath, physiotherapist, acupuncturist, homeopath or chiropractor.
Ensures employees with a GP referral are seen quickly by a specialist at a time and place suitable for them.
Look after more than just your employees’ physical health with cover for mental health treatment.
Makes it easy for you and your employees to see a private GP in person, promptly, at a time that’s convenient.
Provides even greater flexibility and choice over where your people are treated. Plus, extra cover for planned, pre-approved treatment abroad and cover for the routine management of chronic conditions like asthma.
If they’re going through difficult times, such as divorce or money problems, this option gives your people a professionally trained expert to talk to; on the phone, or in person, depending on the chosen programme.
Whether travelling for business or pleasure, cover your people for emergency medical treatment. You will also have access to other travel-related benefits.
Health assessments can provide guidance so your employees can make small changes to improve their health and wellbeing.
Underwriting allows you to decide how you'll cover team members for any conditions they might have before joining us. The underwriting option that you choose can affect the cost of your healthcare cover. The underwriting options available are:
To help get you started, here's an example package. It’ll give you a feel for
costs, what’s right for you and how easy it is to make your own plan.
^The above example is based on six employees (aged 25, 30, 35, 40, 45 & 50), living in Guildford, paying annually for a 5% discount, with a £100 excess and a two year moratorium on pre-existing conditions. Treatment, Therapies and Standard Out-patient options included. Costs are representative as of October 2023, and prices will vary depending on location, cover options and ages.
Sources and references
1Canada Life Group, 2022
2Cover Magazine, 2021
As with most private healthcare plans, there are some general exclusions and limitations. Here are some of the most significant things that your plan won't cover:
This information is just a summary of some of the cover we offer and the key exclusions. For more information about our cover, any cover limitations and what we don't cover please see our product brochure.
Here are some other ways you can look after your employees while still keeping an eye on your bottom line.
Every business needs to look after their employees differently to keep them at the top of their game. High pressure jobs might need mental health support. Physically strenuous work might need physio. Whatever your team needs, you can get it.
To get started, take a look at three example plans to give you an idea of how your plan could look and what it might cost. When you've got your head around the cover you might want, pick and choose the options that are right for you.
Sign up to receive our small business health and wellbeing newsletter straight to your inbox each month. Designed specifically for small business owners, our newsletter provides actionable advice and insights to help keep your employees healthy and happy, and to help keep your business growing.
Receive insights from our in-house experts directly to your inbox on a number of health and wellbeing topics.
Read tips for how you can prioritise the health and wellbeing of your team.
We’re proud that our Business Health plan has been rated 5 stars by independent financial information business, Defaqto.
The Defaqto 5-star rating is based on an assessment of the overall product including all options. If some of the options are not selected, this will affect the product’s star rating.
Our small business guide to health insurance covers lots more FAQs, you can read it here.
When providing private health insurance as an employee benefit to your team, it is considered to be a benefit in kind. Your employees will therefore need to pay tax on the benefit amount.
At the end of each tax year, employers have to complete a P11D form for every employee who has received expenses or benefits in addition to their salary (this doesn’t include routine business expenses and benefits like travel and company car fuel).
Read our blog post to find out more about how private medical insurance impacts tax
At AXA Health, we think that the best way for you to get the healthcare cover that’s right for your business and your budget is to let you build your plan yourself. That’s why we offer a range of healthcare cover options, so you only pay for the cover you need^.
As well as tailoring your cover and choosing only the options you need, we also have a number of cost saving options available so you can look after your people whilst still keeping an eye on your bottom line.
Find out more about our cost saving options.
^If you’re buying healthcare cover for 1-2 people only, you will need to include either Treatment or Diagnostics Only in your plan.
Small business health insurance, in most cases, covers the cost of private treatment for new acute conditions that develop after your plan has started (depending on the details of your plan). Chronic conditions generally aren’t covered on most small business health insurance plans.
A chronic condition is a disease, illness or injury that has one or more of the following characteristics:
A pre-existing medical condition is any disease, illness or injury that:
The process of underwriting determines whether pre-existing medical conditions are covered on your plan. The underwriting option that you choose can affect the cost of your healthcare cover.
More information on the process of underwriting can be found in our Small Business Guide to Health Insurance.
At AXA Health, we understand that if you’ve considered adding private health insurance to your employee benefits package then you probably have a lot of questions around how it works. That’s why we’ve created our Small Business Guide to Health Insurance. The guide covers off a number of frequently asked questions, including:
* Phone lines are open 8:30am-5:30pm Monday to Friday. We may record and/or monitor calls for quality assurance, training and as a record of our conversation.
**Discount applies to Nuffield Health fitness and wellbeing centre monthly individual membership only. Your employees must provide proof of membership and/or employer. You, your spouse, partner or dependent must be a named member on a current AXA Health healthcare plan to get a 40% discount and be 18 years or older. As a member, you can access your home club (the one you select on joining) as well as many more clubs around the country. These depend on your home club. You must use your home club at least 50% of the time. The joining fee is £39 and may be subject to change by Nuffield Health. Existing members of Nuffield Health who transfer to a 40% off AXA Health discount will be charged a £39 administration fee by Nuffield Health. AXA Health reserves the right to withdraw or alter this offer at any time. The Read full terms and conditions at axahealth.co.uk/terms/gym-discount.
40% off Nuffield Health 24/7 online memberships - available to your employees and their spouses, with or without an AXA Health membership. Read full terms and conditions at axahealth.co.uk/terms/gym-discount.
40% off the purchase of a Hussle Monthly+ pass is available to members on an AXA Health healthcare plan. A partner or spouse and direct dependants included on their healthcare plan can also get 40% off the purchase of a Hussle Monthly+ pass. 33% off a Hussle Monthly+ pass is available to employees of AXA Health healthcare clients not covered by a company healthcare plan. They must provide proof of employer. Members must be over 16 to redeem AXA Health discounts with Hussle. Some venues have alternative age restrictions and will be flagged on the gym details page. Read full terms and conditions at axahealth.co.uk/terms/gym-discount.