AXA – Global Healthcare has launched a new optional upgrade for companies providing international healthcare cover for their employees based overseas. Those choosing to either purchase or renew the Comprehensive level of AXA’s International Health Plan now have an ‘extended out-patient optional upgrade’, which covers a full refund up to the overall policy limit of £1,500,000, on:
- Medical practitioner consultations
- Diagnostic tests
- Out-patient drugs and dressings prescribed by a medical practitioner
And increased cover for:
- Consultations for treatment of psychiatric illness
- Physiotherapy treatment.
Recent market research commissioned by AXA – Global Healthcare highlighted that as SMEs – particularly smaller firms – have stricter budgets, there is a desire for benefits that will actively support employees on a day-to-day basis, ensuring they will gain the most value from their plan.
SMEs covering up to 49 employees now have four options to choose from if they wish to add an upgrade to the International Health Plan Comprehensive cover level; extended out-patient, travel insurance, routine pregnancy cover or dental care.
This new extended out-patient option means that SMEs can ensure their employees are fully covered for out-patient treatment, but at a cost that is manageable for those that aren’t yet ready to invest in more extensive cover.
Kevin Melton, Global Head of Sales and Marketing, commented: “In today’s connected world, it’s becoming increasingly common for smaller businesses to have employees based overseas. Some will even offer the opportunity to travel as a way of attracting and retaining talent, but it’s important to ensure that staff have the means to take care of their health, and the health of their families, while working abroad.
“Providing benefits such as international healthcare can be a source of significant pressure for SMEs, where, arguably, budgets can be tighter than in larger companies but flexibility is still particularly important. This new optional upgrade allows us to cater for a wider range of requirements because companies can choose to add different options for different employees, depending on what’s important.”