What is small business health insurance?
Small business health insurance is an insurance policy that business owners can buy to help look after the health and wellbeing of your employees with private healthcare.
Our small business health insurance plans provide cover for 1-249 employees. We think that the best way for you to get the cover that's right for you and your company is to let you build your plan yourself, so we offer a range of affordable cover options for you to choose from. 90% of our small business customers stay with us, so we think they agree too.
Whether your priority is giving your employees quick access to diagnosis and treatment, mental health support for the pressures which come with your area of work, or speedy physiotherapy access for your team, you can choose the best combination of cover for your business and budget. Plus, you and your employees can also add family members to your plan to get healthcare cover at business rates.
Build our cover around your business
Your business is different from the rest. It makes sense to choose healthcare cover that is too. Here’s how you start to shape your plan:
Step one
Choose the cover options that are right for your business.
Step two
Decide who to cover and how you’d like to handle existing conditions.
Step three
Only pay for the cover you want.*
*If you are buying cover for 1-2 people only, you will need to include either the Treatment Option or the Diagnostics Only Option in your plan. For more information about our cover, any cover limitations and what we don't cover please see our product brochure.
Get covered for an average of £27.11 per employee, per month*
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Did you know you can combine our 3 most popular cover options including |
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*The above example is based on three employees (aged 25, 35 and 40), living in a TN2 postcode, with a £100 excess and a two year moratorium on pre-existing conditions. Treatment with Cancer Cover, Therapies and Mental Health Cover included (over 50% of our customers chose these options in the last 6 months), plus our Guided option. The total cost for this Business Health plan is £81.33 per month, which is equivalent to £27.11 per employee. Costs are representative as of October 2024, and prices will vary depending on location, cover options and ages.
Every cover option includes these benefits as standard
- 24/7 access to a private GP
Access to phone and video appointments with a GP or Advanced Clinical Practitioner via our AXA Doctor at Hand service, powered by Doctor Care Anywhere. Appointments subject to availability. Advanced Clinical Practitioners available 8am-10pm. - Muscles, bones and joints support
Get to the bottom of aches and pains with no need for a GP referral. Speak to the right expert over the phone or online. Our muscles, bones and joints service is available for members aged 18 and over. - Cancer and heart care
Telephone support from our experienced healthcare practioners, through the uncertainty of serious illness. - Health information phone line
24/7 health support through our health information phone line. - Access to wellbeing incentives
Alongside your plan, you'll have access to up to 40% off monthly gym memberships for you and all your employees. Find out more and get full terms and conditions.
What our members say
"AXA Health were very responsive and so empathetic to my needs and kept me informed throughout. The Cancer Care team have been amazing - so kind and caring." - Mrs Curling, Wiltshire
"This is the first time I have used private healthcare and I was not sure how it worked. AXA Health made it all very easy to arrange an appointment and cover the costs. I was seen quickly and treated with courtesy and care." - Mrs Wheelar, Surrey
What do I need to get a small business health insurance quote?
Get an indicative online quote for business health insurance in minutes.
Here’s some information you’ll need:
- Details such as your name, email address and business postcode
Business health insurance FAQs
Our small business guide to health insurance covers lots more FAQs, you can read it here.
How does health insurance impact tax?
When providing private health insurance as an employee benefit to your team, it is considered to be a benefit in kind. Your employees will therefore need to pay tax on the benefit amount.
At the end of each tax year, employers have to complete a P11D form for every employee who has received expenses or benefits in addition to their salary (this doesn’t include routine business expenses and benefits like travel and company car fuel).
Read our blog post to find out more about how private medical insurance impacts tax
How much does business health insurance cost?
At AXA Health, we think that the best way for you to get the healthcare cover that’s right for your business and your budget is to let you build your plan yourself. That’s why we offer a range of healthcare cover options, so you only pay for the cover you need^.
As well as tailoring your cover and choosing only the options you need, we also have a number of cost saving options available so you can look after your people whilst still keeping an eye on your bottom line.
Find out more about our cost saving options.
^If you’re buying healthcare cover for 1-2 people only, you will need to include either the Treatment option or Diagnostics Only option in your plan.
What are chronic conditions?
Small business health insurance, in most cases, covers the cost of private treatment for new acute conditions that develop after your plan has started (depending on the details of your plan). Chronic conditions generally aren’t covered on most small business health insurance plans.
A chronic condition is a disease, illness or injury that has one or more of the following characteristics:
- It needs ongoing or long-term monitoring through consultations, examinations, check-ups and/or tests
- It needs ongoing or long-term control or relief of symptoms
- It requires your rehabilitation or for you to be specially trained to cope with it
- It continues indefinitely
- It has no known cure
- It comes back or is likely to come back
What is a pre-existing condition?
A pre-existing medical condition is any disease, illness or injury that:
- You have received medication, advice or treatment for in the five years before the start of your cover, or
- You have experienced symptoms of in the five years before the start of your cover whether or not the condition was diagnosed.
The process of underwriting determines whether pre-existing medical conditions are covered on your plan. The underwriting option that you choose can affect the cost of your healthcare cover.
More information on the process of underwriting can be found in our Small Business Guide to Health Insurance.
Want to find out more?
If you still have questions, we've created our Small Business Guide to Health Insurance. The guide covers off a number of frequently asked questions, including:
- What underwriting options are available and what can’t I claim for?
- How does private health insurance impact tax?
- How does the claims process work?
How does private healthcare cover affect your tax?
If you take out a business healthcare plan rather than a personal one, you could be eligible for tax relief. But don’t forget, when you offer private healthcare cover for employees as a benefit, it will have certain tax implications for you and your staff.
Find out more about the tax impliacations of providing health insurance as a benefit for your employees.
Self-employed and looking for healthcare cover?
With our health insurance for the self-employed, you’ll have someone on your side helping you get diagnosed and treated quickly, so you can get back to running your business.
We’re proud that our Business Health plan has been rated 5 stars by independent financial information business, Defaqto. The Defaqto 5-star rating is based on an assessment of the overall product including all options. If some of the options are not selected, this will affect the product’s star rating.
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*Phone lines are open 8:30am-5:30pm Monday to Friday. We may record and/or monitor calls for quality assurance, training and as a record of our conversation.