All the strongest companies in the country have one thing in common: they offer their employees health insurance. This is a statement that you must take into account if you aspire to become a large company.
You may still think that taking out company health insurance only benefits your employees, but it is not true.
We, as insurance experts, want to talk to you in this post about the tax advantages of company health insurance, because it has them and they are very significant.
What is business health insurance?
Medical insurance for companies is a solution to prevent absenteeism by covering the medical services that your employees need, this insurance covers most of the services that may arise in the day-to-day of a company, and that your employees may need throughout the day. throughout his life.
The level of private insurance coverage will always depend on the type of contract, and above all on the specific offer of the insurer with which you make it. Normally, with the services of a company health insurance, the employee can benefit from general medicine, and all medical specialties, therapeutic methods, diagnostic tests, and some dental treatments.
The most common is that the company offers this type of health policy to its employees as part of the social benefits.
What coverage and services does company health insurance include?
Now that you know what medical insurance for companies is, we are going to list the main coverage and services that they include.
Coverage includes the medical insurance companies.
The company’s medical insurance covers include consultations with primary care doctors, as well as all medical specialties.
In addition, within these coverages are included, the diagnostic tests necessary for each of these specialties, such as blood tests, radiology, resonances, and a long list of services.
And the copayment issue? We know that this is something that worries us a lot when it comes to contracting health insurance, for this reason, you have the possibility of contracting insurance without copay or health insurance with copays and even then the first 6 services would have no cost.
What services are included in the company health insurance?
The services of our private medical insurance perfectly complete each of the coverages offered.
These include a second medical opinion, the emergency service abroad (up to €12,000 per year), 24-hour telephone medical advice, professional doctors at your disposal all day long, as well as the emergency telephone service, or all the management online related to your health (appointment request, download of analytics, reimbursement requests, medical authorizations, etc).
What are the advantages of business health insurance?
Once all the coverage and services included in the medical service for companies have been listed, we want to talk to you about the benefits it brings to your company. Although today, in this post, we want to focus on the prosecutors, we do not want to stop listing the social ones, since we believe that they are also fundamental.
Social advantages The rate of absenteeism from work for medical reasons according to studies has grown by 21% since 2014. Up to 70% of those consultations that these employees attend could be made by telephone or by video conference with a private doctor. This is why contracting private health insurance for your company would involve a notable reduction in absenteeism.
In addition to this, it has been shown that if your company has health insurance, regardless of providing a very considerable improvement in the corporate image, it creates a better relationship with each of its employees, improving the work environment, strengthening ties between company and workers and loyalty to each of them with the brand.
Tax advantages of company health insurance
When a company decides to have health insurance for its employees, there are several possibilities when it comes to paying for it: – The company can cover 100% of the cost of the insurance. – The company is responsible for a certain percentage of the final cost of the insurance and the employee for another. – The interested employee is responsible for 100% of the insurance payment.
Each of these options has important tax advantages for company health insurance that you should know about.
If it is the company that is in charge, the health insurance that the company pays for its employees is a deductible expense in Company taxes. (Up to a limit of €500 per year per employee) for employees if the insurance is paid for by the company, the health insurance is exempt from IRPF, therefore, it is not commuted in the IRPF for the worker, up to €500 per year, which can be considered as an alternative to a salary increase.
If both company and employee assume a part of the cost or the employee assumes it completely; the part assumed by the worker will be deducted from his payroll and will reduce his tax base. But what if the employee assumes 100% of the cost of the insurance, how is it different from doing it on their own? Well, many employees look for cheap health insurance, making use of a health insurance comparator, but contracted by the company, you can benefit from savings of up to 40% by comparing two completely similar policies, since as a group discount will always be greater.
Regarding the company, in this case, it will have the same benefit stated above.
What medical insurance for companies to choose in Sanitas.segurosmedicos.center?
It is very likely that after reading everything we have told you so far you are interested in taking out insurance for your company, but what is the best health insurance?
Sanitas Global Care
The perfect international medical insurance if your company has employees who are going to live or already reside abroad. This insurance provides global coverage worldwide with which any of your employees will have excellent health care anywhere in the world.
Sanitas Pymes Digital
With this insurance, you will take care of your company through the care of your employees. The best health insurance for SMEs In addition to a revolution in the field of digital health. Your workers will be healthier, more motivated, and consequently more committed to your company.
Sanitas Pro Pymes starts
The best medical insurance for those companies with more than 5 and less than 75 employees. You will be an SME that takes care of its employees as if it were multinational and that is appreciated.
Sanitas companies
And for those companies with more than 75 employees that want to take care of each one of their workers, there is this complementary health insurance. Complete medical coverage that adapts to the needs of each business.
