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Small Business Health Insurance

Helping you find the best small business health insurance policy for your company or group.

Compare small business health insurance policies

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What is small business health insurance?

Small business health insurance covers the cost of providing employees, directors and stakeholders with access to private healthcare services such as diagnosis and treatment. There are many small business health insurance providers to choose from, all offering a unique range of additional medical protection and benefits, such as 24/7 access to health advice, digital resources and rewards simply for being a member with them.

The benefits of small business health insurance

A small business health insurance policy needs to match the conditions of the company and workforce or team it is covering. For example, if you direct a labour intensive workforce, additional treatments such as physiotherapy and osteopathy may be an important inclusion in your small business health insurance policy. Tailoring your policy around such details is a great benefit, as these will ensure that everyone in your team gets the most out of their private cover. We can support businesses in understanding the different options and how to best cover their workforce, but below are some of the common benefits small businesses may realise from a small business health insurance policy:

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Reduce employee absence

Free health insurance comparison

Increase staff productivity

Independent Advice

Attract & retain members of staff

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New employees can be added to the policy at any time

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Fast access to diagnosis & treatment

FCA Approved Advisors

Provider rewards & benefits

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Encourages healthy lifestyles among staff

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Employee peace of mind

FCA Approved Advisors

Access to useful resources & health help

Why choose Equity Health for your small business health insurance?

Understanding all the plans, policies and protection available from the different small business health insurance providers, such as their benefits and exclusions, may be time-consuming as well as it being difficult to access all of the information you need. As independent brokers we can advise and answer critical questions on all of the providers we work with, without being biased. You’ll be allocated a Personal Account Manager who will work with you directly to discuss available small business health insurance options, your full requirements and budget.

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You don't pay any fees

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Independent advice

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Full market comparison

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Bespoke to you

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Ongoing service

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Specialist advice

After searching for company medical insurance and discovering what a minefield it is, I contacted Equity Health for advice. They searched the market and found the best policy on our behalf to meet our requirements and budget. They provided excellent service and make the process so easy.
- Trusted customer, Feefo
StarStarStarStarStar

Small Business Health Insurance: Mental Health in the Workplace UK

Over 20%

of adults in September 2020 reported levels of mental distress needing treatment,

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8.7% Higher

Increased from 20.8% in 2019 to 29.5% in April 2020 and then fell back down to 20.8% by September 2020

79% of UK workers

experienced work-related stress, and in April 2020, mental distress was

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8.1% Higher

than it was between 2017 and 2019.

49% of employees

felt comfortable talking to their line manager about mental health.

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£42bn-£45bn

the cost of poor mental health from employees for UK employers each year (as of 2020).

As the above statistics show, the issue of mental health in the workplace in the UK is still prevalent in 2020 - and has only been exacerbated by the COVID-19 pandemic, with many suffering from stress, anxiety and a host of negative issues while at work. When it comes to dealing with mental health in the workplace, what can you as a small business do to help out?

How can health insurance support positive mental health in the workplace?

  • 1. Accessibility to care

    Many employees won’t feel comfortable or know where to refer themselves to if they require mental health help. Medical professionals and health workers will be available 24/7 via the providers’ application, making them easily accessible when an employee needs support.

  • 2. Counselling & health resources

    Health insurance providers may include access to private counselling, helplines and digital health resources as part of your cover. Medical professionals and the readily available resources may be qualified to advise and help to diagnose mental health issues before further treatment is needed.

  • 3. Promotes a healthy lifestyle

    Having access to private health treatment may encourage your employees to utilise the benefits available to them, which may help towards improving their lifestyle. Some insurers may offer incentives for employees taking health actions such as exercising, which in turn may help to create a healthy culture amongst your workforce.

  • 4. Greater flexibility

    Private health insurance access may lead to reduced waiting times in comparison to public treatments and offers more flexibility in appointment times and locations. This flexibility allows employees to seek mental health treatment around their schedule, without causing conflict with other arrangements they may have.

Find the right policy for your staff
Many health insurance policies will include mental health cover or have the option to include related diagnostics and treatments within your benefits. Offering health insurance as a small business can be the first steps towards supporting the mental health of your workforce, and providing this may demonstrates to your employees that you care for their mental wellbeing.

Understanding the cost of small business health insurance

Small business health insurance is no different to a personal policy in the sense that the price will reflect the conditions of those being covered, the level of protection opted for and how many staff members are within your business. We can discuss the options available for reducing your premiums, but here are the factors and conditions that will influence the price of your small business health insurance policy:

  • Age of policyholders
  • Location
  • Level of cover
  • Hospital lists
  • Number of named employees
  • Underwriting
  • Claims history
  • Outpatient cover
  • Additional cover options

What happens if an employee leaves the company?

Your employee may have the option to continue their cover under a personal health insurance policy with the same benefits and underwriting in the time after leaving. In this event, we can offer to help any of your employees leaving employment with you find a new health insurance policy that works for them.

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Other Business Health Insurance Services

If small business health insurance isn’t wasn’t the kind of cover you were looking for, you can browse some of the other business insurance pages we have below for more information.

Corporate
Health Insurance

Corporate Health Insurance team of people our of work having fun

Corporate Health Insurance is a type of business health insurance for large companies and their workforce. Learn more about our corporate health insurance with the link below.

Learn More

Health Insurance
Renewals

Health insurance renewals couple climbing over rocks holding hands

Need to start considering whether you're going to renew your policy with your current provider, or considering a new provider? You can learn more about our health insurance renewals here.

Learn More
Request your free no obligation quote
Our small business health insurance specialists are available to provide full online support and compare the different policies available to you free of charge. Fill out the form using the button below, or call us on 01202 800 400 if you’d rather speak to us to learn more about the different options there are for medical insurance for small businesses.

Small Business Health Insurance Blogs

Below you'll find our latest blogs covering the topic of small business health insurance. To see more articles like this, you can view our Health Insurance News & Blogs page here.

All Blog Posts:

Small Business
Health Insurance

Affordable Business Health Insurance.  Our dedicated business team will find the most tax efficient solution.

February 18th 2019
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Small Business
Health Insurance

Affordable Business Health Insurance.  Our dedicated business team will find the most tax efficient solution.

February 18th 2019
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Small Business
Health Insurance

Affordable Business Health Insurance.  Our dedicated business team will find the most tax efficient solution.

February 18th 2019
Health

Small Business
Health Insurance

Affordable Business Health Insurance.  Our dedicated business team will find the most tax efficient solution.

February 18th 2019
Health

Small Business
Health Insurance

Affordable Business Health Insurance.  Our dedicated business team will find the most tax efficient solution.

February 18th 2019
Health

Small Business
Health Insurance

Affordable Business Health Insurance.  Our dedicated business team will find the most tax efficient solution.

February 18th 2019
Health

Small Business Health Insurance FAQs

What is small business health insurance?

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I already have small business health insurance, can I switch providers?

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Who qualifies for small business health insurance?

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Why should a small business have health insurance?

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Is a small business required to provide health insurance?

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How much should a small business spend on health insurance?

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What is the best health insurance for a small business?

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What is the average cost of health insurance for small businesses?

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