AXA - Global Healthcare iPMI
AXA – Global Healthcare has launched an optional upgrade for companies providing international healthcare cover for their employees based overseas. Those choosing to either purchase or renew the Comprehensive level of AXA’s International Health Plan now have an ‘extended outpatient optional upgrade’, which covers a full refund up to the overall policy limit of £1,500,000, on:
Medical practitioner consultations.
Diagnostic tests.
Out-patient drugs and dressings prescribed by a medical practitioner.
Plus there is increased cover for:
Consultations for treatment of psychiatric illness.
Physiotherapy treatment.
Recent market research commissioned by AXA - Global Healthcare highlighted that as SMEs – particularly smaller firms – have stricter budgets, there is a desire for benefits that will actively support employees on a day-to-day basis, ensuring they will gain the most value from their plan.
SMEs covering up to 49 employees now have four options to choose from to add an upgrade to the International Health Plan Comprehensive cover level: extended out-patient, travel insurance, routine pregnancy cover and dental care.
This extended outpatient option means SMEs can ensure their employees are fully covered for out-patient treatment, but at a cost that is manageable for those that aren’t yet ready to invest in more extensive cover.
Comment: The increased cover options help employers choose the right cover to meet their needs and budget for employees working overseas. The only downside is that more options means more complexity, but that’s a minor issue in most cases.
Plus points: More options on IPMI cover to better meet needs and budget.
Not so plus points: Adds to the cost; Some increase in complexity.
Website: http://www.axapppinternational.com.
Rating (max 10): Innovation: 8. Overall: 8. Gold
Tags: iPMI; AXA PPP