A flexible approach to corporate health insurance

Using a flexible, modular approach, our corporate health care allows you to construct a corporate health insurance plan that perfectly suits your company's requirements.

Adaptable funding, realistic prices

We can offer a range of funding options depending on the number of employees in your plan. These include:

• Fully insured - where you simply pay a premium and we carry all of the risk
• Fully insured with profit share - this is available for plans with 250 employees or more. It's the same as the fully insured option except that if your claims end up below an agreed level, you will be entitled to a part refund of premium
• Stop loss - is usually available for plans of around 700 or more employees. This option means we share the risk with you but we cap your risk by covering claims that go above a certain level. This cap can either be on an aggregated claims spend basis, for example we cover all claims costs if the total claims spend in a plan year exceeds 125% of the claims fund for that year (allowing for any membership adjustments). Or you can choose to have claims capped at an individual claim level, for example we would pay for all further costs once spend on an individual claim had exceeded £50,000 in a plan year

Whichever corporate health insurance option you choose, we think you'll find our prices will be appropriate to the risk and won't leave you with a nasty surprise at the end of the year. You'll also find there are lots of ways to keep your premiums down, including selecting just the right benefits package, choosing from a wide range of excess options or opting for our NHS wait option.

We will generally expect the employer to fund their employees' premiums, but allow them to include their families through payroll deductions. However, if you run a flexible employee benefits scheme you'll find that we have a flexible attitude to underwriting them as well. The modular nature of corporate health insurance from Standard Life makes it ideally suited to companies who want to introduce a degree of personal choice to their employees' healthcare plan.