Staff
Hospitalisation (collective)
Collective medical expenses insurance is the staff benefit with the highest perceived value per euro that you spend as an employer.
- Who we help
- Employers who want to cover their staff and their families.
- The tax benefit
- A disallowed expense for the employer, exempt from RSZ (national social security) and not taxed for the employee, net more advantageous than a cash bonus.
What does collective medical expenses insurance cover?
Collective hospitalisation cover provides the necessary extra coverage on top of the health insurance fund. Contrary to what the name suggests, these contracts cover a lot more than hospital bills. Five guarantees are insured:
1. Hospital admission
The medical costs arising from admission to hospital.
2. Pre and post costs
The outpatient costs outside the hospital that are linked to that admission, incurred in the months before and after. This typically concerns preliminary examinations and follow-up treatment such as physiotherapy, for 1 month before and 3 months after the admission.
3. Serious illnesses
Outpatient costs arising from a fixed list of serious illnesses. This usually includes cancer, diabetes, and similar conditions.
4. Assistance services
Medical assistance abroad, and often also domestically, think of repatriation. In some situations, this type of assistance is sufficient as financial and practical protection for you and your family abroad.
5. Full service
With third-party payment arrangement, web portal, app, and online claims reporting.
Who is it for?
Every employer with salaried staff on the payroll. To benefit from the group advantages, immediate enrolment, no medical formalities, a minimum number of employees to enrol is required. This varies by insurer, but assume that these advantages are possible starting from 20 employees to enrol. For companies with 5 to 20 staff members, tailored solutions exist.
Our tips
Don't make distinctions
Offer everyone on the payroll the same benefit, and be consistent about it. You have the responsibility to enrol staff members, including those who do not seem to appreciate the benefit, you enrol them too. That is in your interest as an employer.
Don't forget affiliated companies
The moment you introduce such a policy is the ideal opportunity to also open up the collective benefit to management companies or assisting family members in family companies.
Did you know?
Efficient management matters
We work only with insurers that provide the necessary online tools, so that you as the employer and we as the broker can manage your file together.
A dental care plan builds even more loyalty
With an additional dental care plan, you truly make the difference in the constant search for new talent.
There is an immediate financial benefit
Young families who took out this policy privately and are now insured through the employer often save hundreds of euros per year.
We take care of the presentation
We explain the hospitalisation cover to your staff members, in Dutch, French, or English. Periodic communication is extremely important: the basic principles are repeated for newcomers, and questions such as "what do I do with my existing policy?" are addressed.
What is the taxation?
The full taxation of the supplementary health insurance agreement is quite complex, but in most situations it comes down to this: the premium for the collective hospitalisation cover is a disallowed expense for the employer, and the premiums you pay are exempt from RSZ contributions. The benefit is not taxed for the employee.
Does this fit your situation?
You will get an honest answer, even if that answer is "no".
Disclaimer: Life Experts provides insurance solutions for self-employed directors, liberal professions, SMEs and large companies. You will find the basic information for each type of solution on this website. With the product descriptions and the product overview on this website, we do not aim to follow a tax or legal classification, but a pragmatic and practical one. A turnover insurance, for instance, is fiscally a company-director insurance. And a death cover or a disability insurance can be taken out within the tax regimes of IPT, VAPZ, POZ, long-term saving, pension saving, and so on.