Insurance FIRST

Medical Insurance for the workforce

New Zealand’s best employers know that people are the primary source of performance. Look after your employees and they’ll look after the business.

Medical insurance solutions improves employee attitude and productivity. It demonstrates your commitment to your people; at the same time it’s working to improve their wellbeing.
When your employees are feeling good and have tangible evidence that they’re working for a company that cares, the business can only benefit.

	Subsidised Scheme The advantage of a Medical Subsidised Scheme (where the employer pays the basic premiums): •　Pre-existing conditions covered (with a minimum number of employees in the scheme) •　Spouses and Partners also covered for pre-existing conditions •　Spouses and Partners also eligible for a discount of retail rates •　On average, the cost would be around 1% of payroll .

	Benefits to the Employer of the Subsidised Scheme •　Increased Productivity •　Reduced Absenteeism •　Recruitment and Retention Tool •　More cost effective than offering 1% pay rise. •　Virtually 100% take-up

	Benefits to the Employee of the Subsidised Scheme •　Pre-existing conditions covered •　Free for employees •　Has a high perceived value and seen as more valuable than the equivalent 1% pay rise. •　Increases Loyalty and Morale •　Support in times of tragedy