Tycoinsurance Employee Benefits can offer a full review of the healthcare market as well as advice and proactive management of group healthcare and health cash plans.
The Group Private Medical Insurance (PMI) market is a changing one, which is seeing significant price rises due to the increased costs within private medicine. However, we are able to not merely ‘broke’ this type of arrangement, but negotiate and work with the ‘whole of market’ to ensure that an employers needs and circumstances are understood by the healthcare insurance underwriters.
It is possible to make significant savings to group health insurance, while also improving the cover that is being provided. Our experiences show that unless you know your client and understand their needs, it is difficult to provide a tailored and appropriate solution.
At Tyco we do take time to work with, and understand, our clients and ensure that recommended providers supply the levels of medical and dental cover that are needed. It may well be that, in particular areas, NHS hospitals are appropriate for some clients, thus potentially reducing costs.
Our specialist team know the healthcare market inside out and can ensure that all group health insurance plans are monitored to remain cost effective for clients.
In addition to the conventional group PMI cover, we can also provide advice on a range of other complementary services, including:
- Cash Plans
- Dental Plans
- Hospital Plans
- International Healthcare
Tycoinsurance Employee Benefits provides innovative advice and solutions from the ‘whole of market’ for Group Life Assurance, Group Income Protection and Group Critical Illness. Consultancy on business protection insurance is also an important additional proposition we can provide for clients.
It is not merely a question of getting the best rate, based upon a list of data. However, our service in this specialist field does mean that we can secure the best possible rates for your Group Life Assurance (GLA), Spouse/Dependants Pensions, Group Income Protection (GPHi) and Group Critical Illness (CIC).
Getting data that is as accurate as possible helps to provide accurate and competitive results. Issues, such as catastrophe limits, could also be a serious consideration for some clients.
Absence management tracking can provide an employer with valuable data and, with this, we can assist with addressing related issues.
With Group Income Protection insurance there are many different ways in which cover could be considered, such as restricting the term the payments are paid or increasing the deferred period.
Discrimination legislation is another area in which we can provide proactive advice on all aspects of group risk and, indeed, employee benefits in general.
While not technically group risk, we also provide a full proposition around business protection insurance. This can include Keyman Insurance (also known as Keyperson insurance), Co-shareholder cover and Partnership Protection.
In addition, if you require individual life assurance, critical illness cover or any personal protection cover, we can assist.