The success or failure of any doctor’s office It is based on teamwork. The sum of individual efforts is essential to achieve the best possible group results. But in the same way that it should be demanded, it is also necessary to offer benefits to others so that they feel happy in their workplace. For this reason, one of the recommendations is to have the option of offering medical expenses insurance for your collaborators.
The transformation that the Covid-19 pandemic left in its wake shows the trends that in the workplace range from a technological leap to a change in work models. At the same time, it brings with it new challenges for medical practices that seek to consolidate themselves in the face of the so-called new normality.
Little interest from the Mexican population
The labor outlook is challenging in terms of life benefits and medical expenses, since insurance penetration in the country is still very low. According to the report “Shaping A Brighter Future of Work” published by Zurich in collaboration with the University of Oxford, only 10% of the population in Mexico has life insurance and only 1.5% has a Major Medical Expenses policy.
In this scenario, both large companies and SMEs play a fundamental role. They are one of the engines of economic recovery and to maintain their productive capacity and human capital. They must have solutions within their reach that allow them to continue their growth.
In addition to the need for a professional medical service with a rapid response, medical expense insurance for your employees has evolved to stop being a product that represents an onerous cost. It is now understood as a protection plan that helps to flexibly manage more specific needs for care and medical coverage.
This new concept, which improves the traditional product, has given rise to the interest of employers in acquiring tailored policies, as part of a human capital and business strategy, focused on the permanence of their workforce, attracting talent and maintenance of stable finances.
Aspects you should consider
In this case, Zurich, as an insurer specializing in risk management and prevention, proposes five recommendations that you should consider when purchasing a business medical expense policy for your employees:
- Evaluation of priorities. The coverage and terms of a medical expenses insurance will have to be evaluated in detail in order to contract protection adapted to the collaborators, giving importance to the most probable eventualities over the hypothetical ones or those that are not expected to happen.
- Focus on the result. Companies must ensure that the policies they take out are taken advantage of in all their terms, evaluating the cost-benefit of the coverage acquired.
- Participation of the collaborator in the accident. It is important that employers, through the deductible or coinsurance, make the collaborator an active part of the administration of the policy. In such a way that a different experience of the collaborator is motivated, making him part of the management of his policy, with the support of the employer.
- Strengthen a human capital strategy. Having medical insurance according to the specific needs of employees will allow the retention and attraction of talent to be built on a solid foundation.
- Specialized advice. When contracting or administering business medical expenses insurance, it is best to turn to an expert in the field for the evaluation of the policy, which will allow the client to make the necessary adjustments. Zurich, for example, has a digital quote for medical expenses that allows intermediaries to adapt products to customer needs, in order to adjust price and coverage, giving an immediate response.