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Employee reward and benefits news
Tax breaks would encourage private healthcare benefits, employers say
Most employers believe that tax breaks should be implemented in order to encourage businesses to provide private healthcare employee benefits for their workers, new research shows.
Over half of the HR executives surveyed agreed that the government should grant tax breaks to all companies in an effort to promote health insurance as an employee benefit for the whole workforce.
Furthermore, it was revealed that while 40 per cent of organisations currently offer their employees private medical insurance, some 46 per cent of this group only provide it to senior or middle management.
Fifty two per cent of those questioned also said they would be more likely to provide private healthcare cover to all of their employees if the government offered a tax break for those workers who are standard-rate taxpayers.
Simplyhealth spokesperson Howard Hughes commented: "Our findings confirm that there is appetite for a new approach to employee health and wellbeing."
Posted by Editorial Team
February 7th 2012
