How are businesses using Equipsme plans? 

How are businesses using Equipsme plans? 

By Gavin Shay, Equipsme Distribution Director

When we designed Equipsme plans, we designed them to be flexible – so they could work for more businesses and more people in them, including for whole workforces. 

Businesses can mix and match plan levels, and introduce Equipsme at different stages. 

Here’s 5 examples of how some of our customers are using our plans. 

1. Mix and Match with legacy cover

Medium sized financial services client, c200 employees

  • This client already had traditional PMI for its executive team, but bought our £9 GP Plus - level 4 plan plus Dental & Optical cover for all their uninsured employees. 
  • 5 of their executive team later switched to the top-level Diagnosis and Treatment Plus – Level 1 plan as they preferred the cover and our pricing model.  

2. Length of service cover

Large employer in the food industry 

  • Bought all employees with two years’ service our Diagnosis and Treatment plan - level 2 at £41, our most popular plan level. 
  • Initially 500+ employees – only 3% opted out, and they’ve since added 50 new employees this year as they became eligible. 

3. Basic cover with loyalty upgrades

Small client in the entertainment industry

  • Bought all new joiners the GP Plus £9 entry plan.
  • Then moved people up to Diagnosis and Treatment - level 2 plan at £41 after 1 year of service – rewarding loyalty and boosting retention. 

4. The big switch

Medium-sized firm in the aviation industry

  • This client closed an existing cash plan after employees demanded health insurance in their annual employee survey
  • All new joiners now automatically get Diagnosis and Treatment  - level 2 plan with EAP and Dental & Optical cover. 

5. For the many, not the few

Medium sized Housing Association 

  • This client cancelled an existing PMI scheme which covered around 50% of employees as it was no longer sustainable or good value.
  • After a period of consultation and internal communication, they have now bought our Diagnosis and Treatment - level 2 plan and Dental & Optical as a more inclusive benefit package for all staff members.

Coming soon

We’ll shortly be adding functionality to our website to allow you to get multiple quotes online – so you can find the combination of services, levels and members that work best for your business or your clients. 

Remember

If you’d like support in building a stronger business case for our health benefits, you can read our Return On Investment whitepaper here. We’re also working with our research partners Fruitful Insights to provide bespoke ROI reports based on organisation-specific data and details. 

Find out more about or health insurance plans here. 

Please do get in touch at [email protected] to chat about how we can help you or your clients.