Group Medical Cover
Three Suppliers - Various Plans
One of the most commonly applied employee benefits in the market place, which comes in various options:
- Hospital and Surgical only plans (includes related specialist tests)
- Hospital and Surgical and added "regardless" specialists and tests plans
- Added Doctors and Prescriptions
- Added Optometrists and Dental plans
- Natural Therapy options (some providers)
- Cover for other treatments such as Chiropractors, Osteopath etc
- Specialist Optical plans as a separate provider.
- There are two main groups:
- Voluntary groups: where a number of employees of a company get together and get a minor discount from the retail pricing - Normally no cover for pre-existing issues is offered regardless of number.
- Compulsory Group: where the employer pays the premium for the minimum cover (or higher cover) and there are enough members in the group. Typically group sizes can be looked at from a minimum of 5 employees, but cover for pre-existing conditions does not happen until over 25+ employees are involved in a "compulsory group" (conditions apply).
Please tell me more about Group Medical
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