UK insurer Norwich Union has revealed plans to make its employers healthcare insurance scheme, Solutions, available to companies with two to nine employees. The move will enable small businesses to benefit from the Solutions plan, which was only previously available to companies with between 10 and 249 employees.
The introduction of ‘Solutions 2-9’ completes Norwich Union Healthcare’s ambition to introduce benefit flexibility across their whole private medical insurance product range, and means that intermediaries can now tailor the most appropriate corporate benefits package from one comprehensive product.
The success of Health Solutions for the individual market, and the ongoing appeal of solutions for 10-249 employees, convinced us that a comprehensive core product with options to pick and choose extras is what the market needs, said Mark Noble, head of intermediary sales at Norwich Union Healthcare.
The Solutions 2-9 product will include a set of core benefits and a selection of additional benefits that the employer has the option to choose from, tailoring options to fit best with their company structure.
Further details regarding the launch will be announced in September.