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The real cost of private medical procedures

A survey by Standard Life Healthcare shows that while two in three people would consider going private, most of them have the wrong idea about how much treatment costs.

Prevention is better than cure Nov 07

Every day we hear or read reports in the media about the poor state of our nation’s health. In the UK heart disease affects 2.6 million people; over two million have diabetes; one in five adults are obese and one in three people are likely to have cancer during their lifetime.

The longer term consequences of ignoring your employees' health can ultimately be very costly to the business. Many illnesses develop so slowly, you don't realise something's wrong until it's serious. By which time, the illness can be more difficult to treat requiring more time off work

Early detection is vital to prolong life expectancy and improve quality of life as many illnesses treated at an early stage will have a greatly improved outcome.

It may not necessarily be the major medical condition that is preventing your staff being their most productive. About 30 percent of employees could be described as being in poor health, suffering for example from stress, lack of sleep, low fitness levels and bad diet. Source: Research by Vielife and the Institute of Health and Productivity Management BUPA

By giving individuals specific information about the health risks that affect them personally; you give them a powerful incentive to take positive action - either to seek treatment or to make changes to the way they live.

Monitoring the health of your staff on a regular basis also demonstrates your commitment to your people and making it easier to recruit, retain and motivate your staff.

Recruitment and retention of key personnel by offering an attractive employee benefits package
Improved performance and productivity
Reduced sickness absence
Reduced insurance related healthcare costs
Meeting regulatory requirements and reducing risk of employee litigation
Demonstrates a commitment to staff welfare and health and wellbeing.

Traditionally the typical cost of a health screen ranged between £200 and £600 a price that prohibited many companies from offering this benefit very widely, these types of screen are usually only available at an executive level. However, the range, availability and cost of screenings have changed considerably making it possible for companies to offer health screens to a wider range of staff.

There are screenings to address weight, blood pressure and cholesterol management, offer advice on exercise programmes and the cessation of smoking, these are available at a starting price of £19.95.

The executive screens include tests for disease, diagnose ill health and also promote a healthy lifestyle and are available within the £200 to £600 range. However, it is now possible to access an executive screen at just below £100.

Accessibility has also improved with several providers having mobile screening facilities enabling screens to be carried out in the workplace and again extending the proportion of staff being screened.

Healthcare cash plans that include health screening as an add-on can also help to broaden the availability of this valuable benefit.

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