Subsidised cover

The most common type of staff health insurance is subsidised cover. This is when the employer pays for the entire cost of the premium. Our subsidised plans don’t require any underwriting, which means we provide cover for any pre-existing conditions.

Voluntary cover

If an employer offers non-subsidised cover, this is voluntary group health insurance. Voluntary cover provides health insurance for staff at a discounted rate, but the staff member is responsible for paying for their own premiums. Members of a voluntary group need to be fully underwritten and won’t have any pre-existing conditions included in their cover.

Comparison

 

Subsidised Cover 

Voluntary Cover 

Number of employees 

 15+

1+ 

Cover for pre-existing conditions

Yes 

No 

Underwriting required 

 No

Yes 

How are premiums calculated?

Average age of employees 

Actual age 

Add on additional family members 

Yes 

Yes 

Discounts

Wholesale prices 

5% off standard pricing