Corporate medical insurance
& healthcare schemes
Whole-of-market access to insurance schemes and self-funded healthcare trusts — built around your headcount, your risk and your budget. PMI for medium and large UK workforces.
- Insurance plans and healthcare trusts compared
- Whole-of-market — Bupa, AXA, Aviva, Vitality, WPA
- Defaqto 5 Star rated cover options highlighted
- Most schemes go live in 1–3 weeks
Fast access to private medical care for your whole workforce
Corporate medical insurance gives your team fast access to private medical care and supports their long-term health and wellbeing. This page explains how corporate health insurance works, what it covers, and how to choose the right plan. As a whole-of-market broker, we compare corporate health insurance plans from Bupa, AXA, Aviva, Vitality and WPA so you don't have to.
What is corporate medical insurance?
Corporate medical insurance is a private medical insurance (PMI) plan a company buys for its employees. It pays for private healthcare, so staff get quick access to consultations, scans, surgery and aftercare without long NHS waiting times.
Corporate health insurance is built around the size of your team. Plans cover medium and large workforces under one insurance contract. The employer pays the premium and the insurer pays the claims. Cover sits alongside the National Health Service to give staff faster diagnosis and treatment.
How does corporate health insurance work?
The company picks the level of cover, the hospital list and the optional extras. The insurance provider prices the plan based on the average risk across the team. Risk is spread across the group, which keeps the premium per head lower than buying individual cover. Once live, employees access private healthcare directly through the insurer. Most insurers offer a private GP service via app, plus a claims helpline. The employer pays one premium, runs one renewal, and gets one bill. That is how corporate health insurance works in practice.
Risk spread across the team
The insurer prices the plan on the average risk across the team — keeping the premium per head lower than buying individual cover.
Direct access via app
Employees access private healthcare directly through the insurer — private GP service via app, plus a claims helpline.
One premium, one renewal
The employer pays one premium, runs one renewal, and gets one bill. Admin sits with the broker, not your finance team.
What does corporate medical insurance cover?
A core corporate health insurance plan covers in-patient and day-patient care: hospital stays, scans and surgery. Out-patient cover for consultations, physio and diagnostic tests can be added on. Cover for cancer and mental health support is built in or optional, depending on the insurer. Common add-ons include dental care, optical, worldwide travel, an employee assistance programme and a cash plan for everyday medical care. Wellbeing benefits like health screenings and online tools are often bundled in. The right plan is built around the wellness goals of your business.
In-patient & day-patient
Hospital stays, scans and surgery — the core of every corporate health insurance plan.
Out-patient & cancer
Consultations, physio, diagnostic tests — plus cover for cancer and mental health support built in or optional.
Dental, optical & cash plan
Add-ons: dental care, optical, worldwide travel, an EAP and a cash plan for everyday medical care.
Wellness & screenings
Wellbeing benefits like health screenings and online tools are often bundled in — built around your business's wellness goals.
Why offer corporate health insurance to your employees?
Healthy staff take fewer sick days. Quick access to private healthcare means employees get back to work faster. That has a clear impact on productivity and the overall cost of absence. Corporate health insurance also helps you attract and retain talent. A solid health plan signals you care about your people. It is one of the most-valued health and wellbeing benefits in the UK and a strong employee health offer alongside pay and pension.
Fewer sick days
Quick access to private healthcare means employees get back to work faster — clear impact on productivity and absence costs.
Attract & retain talent
A solid health plan signals you care about your people — one of the most-valued health and wellbeing benefits in the UK.
Pay, pension & health
A strong employee health offer sits alongside pay and pension as one of the core pillars of a competitive benefits package.
How does corporate cover compare to NHS care?
The NHS is excellent for emergencies. But NHS waiting lists for routine diagnosis and treatment can stretch into many months. That is bad for the patient — and bad for business productivity. Corporate medical insurance gives quick access to private healthcare: same-day GP appointments, fast scans, and short waits for medical treatments. It does not replace the NHS — it sits alongside it. Many insurers fund care that follows a GP referral or a self-referral via their private GP service.
NHS care — for emergencies
Excellent for emergencies and acute care. But NHS waiting lists for routine diagnosis and treatment can stretch into many months — bad for the patient and bad for business productivity.
Corporate cover — alongside the NHS
Same-day GP appointments, fast scans, and short waits for medical treatments. Sits alongside the NHS — many insurers fund care via GP referral or self-referral via their private GP service.
Who are the main UK health insurance providers?
The big four UK health insurers are Bupa, AXA, Aviva and Vitality. WPA also runs strong corporate plans. Each insurance provider has its own private hospital list, GP service and Defaqto rating. We compare every health insurance provider before recommending the right corporate health insurance plans for your team.
Wide hospital access
Largest UK private hospital network and the most-recognised brand — staff can be seen close to home almost anywhere.
Strong on mental health
Best-in-class mental health and therapy access — including direct routes that skip the GP referral.
Often good value
Frequently the keenest pricing on standard corporate plans, especially for younger workforces.
Wellness rewards
Rewards healthy living with wellness perks, gym discounts and wearable rewards. Premiums fall the more your team engage.
Flexible cover options
Highly modular — pick exactly the components your team needs. Strong on transparent pricing.
Are health assessments included?
Many corporate health insurance plans include yearly health assessments or health screenings. These spot health concerns and health risks early — before they grow into bigger problems. Staff get personal advice based on the results.
Bupa runs health assessments at its own clinics across the UK, and many insurers fund check-ups at independent providers like Nuffield Health. Others link checks to a digital health app or wellbeing platform. Health assessments are one of the strongest day-to-day parts of any health insurance solution.
How does corporate cover support employee health and wellbeing?
Modern corporate medical insurance goes beyond hospital claims. It protects employee health and wellbeing every day. That means private GP appointments, mental health support, physio, an employee assistance programme and access to wellbeing services. Cover for both physical and mental health helps people stay well at home and at work. Staff can also add a partner and children to many plans, so health and wellbeing benefits reach the whole family — at an extra cost.
Day-to-day support
Private GP appointments, mental health support, physio, an EAP and access to wellbeing services — not just claims.
Whole-person cover
Cover for both physical and mental health helps people stay well at home and at work — a complete wellbeing offer.
Family cover available
Most plans let staff add a partner and children at an extra cost — so wellbeing benefits reach the whole family.
What is the difference between insurance and a healthcare trust?
A health insurance policy is a fixed contract with an insurer. You pay a premium, the insurer pays the claims. Insurance Premium Tax (IPT) applies to every premium. A healthcare trust works differently. The company self-funds medical benefits in a ring-fenced trust. There is no IPT — only VAT on the admin fee. A healthcare trust often suits larger workforces with steady claims. Both routes can deliver a flexible healthcare package — your broker will model the maths.
Health insurance policy
A fixed contract with an insurer. Predictable cost, IPT applies.
- ✓Pay a premium, insurer pays the claims
- ✓Predictable monthly cost, capped exposure
- ✓Insurer handles all claims management
- ✓Insurance Premium Tax (IPT) added to every premium
- ✓Easiest route for SMEs and growing businesses
Healthcare trust
Self-funded, ring-fenced. Suits larger workforces with steady claims.
- ✓Company self-funds medical benefits in a ring-fenced trust
- ✓No IPT — only VAT on the admin fee
- ✓More control over claims management
- ✓Often saves money for firms with predictable claims
- ✓Best fit for larger headcounts & mature schemes
How much does corporate medical insurance cost?
Cost depends on the number of employees, their age, where they live, and the level of cover. As a rough guide, basic plans for a healthy 30-year-old can start at around £40 per employee per month. Older staff and richer cover cost more.
Premiums are a tax deductible business expense. Each employee pays tax on the cover as a P11D benefit. We can give you an indicative quote in 24 hours and a full set of corporate health insurance options once we have your data.
- Premium scales with team age, postcode and team size
- Tax deductible business expense for the company
- P11D benefit on each employee — speak to your accountant
- Indicative quote in 24 hours, full options thereafter
The Montgomery corporate medical promise
Whole-of-market quotes
Bupa, AXA, Aviva, Vitality and WPA — PMI and trust options compared side by side.
Defaqto 5 Star plans
We highlight the highest-rated cover on the market — transparent ratings, no hidden trade-offs.
PMI vs trust modelled
For larger schemes we model both routes side by side — including IPT and admin-fee impact.
One dedicated adviser
Charles personally handles every corporate enquiry. No call-centre handovers.
WhatsApp support
Real-time updates, claim help and renewal tweaks — no email tag, no phone trees.
Annual scheme reviews
We re-broke your cover every renewal. If a better plan comes up, you'll be the first to know.
Don't take our word for it
Key takeaways
Corporate medical insurance gives staff quick access to private healthcare.
Cover usually includes consultations, scans, surgery, mental health and a private GP service.
A healthcare trust is an alternative for larger workforces — no IPT, more control over claims.
The main UK health insurance providers are Bupa, AXA, Aviva, Vitality and WPA.
Plans can be tailored with a cash plan, EAP, dental care and health assessments.
Premiums are a tax deductible business expense; staff pay tax on cover as a P11D benefit.
A whole-of-market broker compares premiums, cover and Defaqto ratings on your behalf.
Corporate medical insurance, answered
Is corporate medical insurance worth the cost?
For most firms, yes. The cost of a few days' lost productivity per employee usually outweighs the premium. It also helps you keep good people in the business.
Is corporate medical insurance tax deductible?
The premium is a tax deductible business expense. Each employee is taxed on the cover as a P11D benefit, and the company pays Class 1A National Insurance. Always consult your accountant.
What is a healthcare trust?
A healthcare trust is a self-funded scheme run by the company. There is no IPT — just VAT on the admin fee. It can save money for firms with steady claims, but takes more management.
Are pre-existing conditions covered?
It depends on the underwriting. Moratorium cover excludes pre-existing conditions for two clear years. Medical History Disregarded covers them from day one but costs more.
Can family members be added?
Yes. Most corporate health insurance plans let employees add a partner and children. The company can fund this or staff can pay extra.
Does cover include mental health?
Most modern plans cover mental health conditions like anxiety and depression. Cover limits vary. An employee assistance programme is often bundled in for extra mental health support.
What is the difference between corporate and group health insurance?
The terms overlap. "Group health" usually means any business plan with 2+ staff. "Corporate" usually means larger schemes with bespoke pricing or a healthcare trust.
How long does it take to set up cover?
Most schemes go live in 1–3 weeks. We handle the quotes, paperwork and staff onboarding for you.
Ready to compare schemes?
Book a 15-minute no-obligation call with Charles to compare corporate medical insurance options and find the right plan for your business.
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