Health insurance shouldn’t be a rainy-day policy – to make it worthwhile for your business it needs to be used, and be actively helping people look after their health, stay well, and get better, faster.
So how does Equipsme actually work?
Use of Equipsme plans
The good news is that Equipsme plans ARE being used.
We spend a lot of time with businesses rolling out our plans, introducing them to employees, and helping them understand their benefits.
- <10% : When companies buy a group health insurance plan with Equipsme for all its employees, typically less than 10 percent of people opt out which indicates it’s highly valued as an employee benefit.
- 40%+ : 4 out of 10 of our members use our Thriva health check kits. They also go on to buy more health tests for themselves.
- 30%+ : Around a third of our members use our 24/7 GP service, 35% of them out of hours in evenings or weekends.
- 1 in 4 : While most callers (85%) get what they need in their appointment, a quarter of calls also result in an open referral to see a private specialist.
- Top calls to the GP line are around MSK issues, ear, nose and throat issues (including coughs and colds), skin conditions, urology and gastroenterology conditions – reflecting some of the most common reasons for sickness absence.
- 40% : MSK conditions represented c40 percent of claims last year. Other top claims include skin conditions, ear, nose and throat issues, abdominal conditions and cysts/lumps.
Impact of Equipsme plans
We can also confidently say that Equipsme plans can have a positive impact on the health of workforces - and on things like return-to-work times and sickness absence rates.
- ½ the time : In our recent Return on Investment whitepaper with workplace health experts Fruitful Insights, we found that on average using Equipsme to get private treatment can cut the time waiting for treatment in half – so helping people really get back to work faster.
- 3.4 v 6 days : We found that with our plans the estimated absence per employee goes from 6 days without PMI, to 3.4 days with it.
- £2.78 : Added up, we calculate a conservative return on investment for a company with average UK salaries is £2.78 or more for every £1 invested in Equipsme plans.
In short, Equipsme plans ARE working – for both employees and their families and for the businesses they work for.
So, if you’re looking for practical, everyday health support and benefits that can work for your entire workforce – AND which are proven to improve productivity, get in touch.
Find out more about our pricing and plans here.
Please do get in touch at [email protected] to chat about how we can help you or your clients.
