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Corporate Health Insurance News

22/03/2017 - 10:32am

The Australian workforce is ageing rapidly. In fact, the increasing age of the nation's population is expected to cost state governments an estimated 6 per cent of GDP up to 2060, according to the Productivity Commission.

In general, an ageing population is a positive sign - it means we're living longer. However, when combined with unhealthy lifestyles and a demanding workplace environment it can lead to increases in health problems that are already prevalent in Australia's workforce.

15/03/2017 - 11:50am

Taking better care of your employees' health isn't just the right thing to do, it's a smart business decision. There's an abundance of research from leading industry authorities that has unequivocally found that healthier employees are happier and more productive.

This means that unhealthy employees could be hurting your bottom line. How much do unhealthy employees really cost businesses and what can corporate health insurance do to minimise that cost?

06/03/2017 - 11:32am

When it comes to supporting the wellbeing of your employees, there are a number of steps that employers can take.

06/03/2017 - 9:26am

When it comes to choosing a health insurance provider, you want be assured that you'll have access to quality healthcare, without any smoke and mirrors. However, according to legal watchdog, the Australian Competition and Consumer Commission (ACCC), some Australians aren't getting the service they deserve. 

Here's an overview of what the ACCC is looking to target this year, and what you should consider when choosing your health insurance

24/02/2017 - 4:17pm

When was the last time you were forced to hire a new employee because one of your workers left for a competitor? They might have seen a higher pay packet, better corporate structure, or a more attractive benefits package. As many as 40 per cent of employees surveyed by Fast Company in February 2016 listed corporate health insurance as a desirable benefit. The next most popular was paid holiday leave, at 37 per cent.

24/02/2017 - 9:22am

Do you want your business to one day be rated among the best in the world? It might not be for financial performance or technological innovation, but if you can create one of the greatest company cultures ever, your business would be revered. How can you go about doing that?

20/02/2017 - 11:39am

As of April 1 this year, health insurance premiums will increase across the industry, and government rebates on private health insurance will decrease. A Department of Health (DoH) media release from February 10 states that the average premium increase for 2017 will be 4.84 per cent - the previous lowest since 2010 was 5.06 per cent.

25/01/2017 - 1:59pm

What's the average age of employees in your business? Depending on your industry, and the age of your company, it might be higher than you expect. If you've had employees working for you for 20 years, some of them are likely going to be over 50. Of course, having someone work for you for such a long time is a good thing - it shows that your employee retention is good and that people genuinely want to spend time at your place of business.

23/01/2017 - 4:58pm

Ever noticed a relationship between the number of employees on holiday and drops in your business productivity? You're not alone. Of course, when people take sick days or annual leave, you don't have them contributing to your operations - but they still cost you money.

18/01/2017 - 9:52am

Have you ever had to take time off work because of something unexpected? Chances are the people in your workforce have as well, and it might have left you without an employee for a day or two. Depending on the illness, it might have even been longer, and kept your productivity low for a number of weeks. If a core part of your workforce isn't present because of a treatable illness, you'll feel hard done-by.

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