New AXA Health Insurance Plan

The six week option is one way in which private health insurance companies try to reduce health cover premiums for their clients. As an extension to this type of scheme AXA PPP Healthcare have launched a new product for the business health insurance market: Corporate Health Plan 6.

In 1979 AXA PPP were the first company to introduce the six week option as part of their health insurance offerings. With the six week health insurance option customers commit to using the NHS as long as they can get their treatment within six weeks. If this cannot be guaranteed then they go privately.

The latest product Corporate Health Plan 6 was trialled in August and reportedly will enable companies to reduce their premiums by 15%. With this plan outpatient treatment can be accessed immediately and the six week plan is implemented with any inpatient treatment.

Cost is obviously a concern for every business but never more so than during a recession. Chris Rofe, AXA PPP healthcare head of client relationships said:

‘Businesses are under considerable pressure to contain their costs and Corporate Health Plan 6 is a valuable new cost-saving option for employers.

'It's also an attractive option for companies who want to consider different levels of cover for their workforce or as part of a flexible benefits package.'

Flexibility is something that is very much in focus at the moment in the health insurance industry. It helps the consumer because it gives us more options including being able to reduce costs.