Corporate Healthcare Trust by Revelation Healthcare - FAQ's

Corporate Healthcare Trust by Revelation Healthcare

Frequently Asked Questions

Q:	How big does a company have to be to qualify for a self-financing healthcare fund ?
A:	Any organisation with a minimum of 30 employees who become members can qualify

Q:	What does Revelation Healthcare charge?
A:	We take 20% of your fund contributions to cover the cost of our services. For schemes of 500 employees or more, we charge a reduced rate.

Q:	What are the start up costs ?
A:	There aren't any

Q:	Can I impose an excess option ?
A:	Yes, because you set all the rules of the plan. You may find that introducing an excess will discourage your employees from making small claims.

Q:	What happens if the cost of claims exceeds the value of funds put aside?
A:	If it looks like you are going to be short of funds, you will be able to make a top-up payment.

Q:	What if we make few claims and have an underspend ?
A:	The money remains in your fund, gaining interest. If you havn't made many claims in a year, you can take a payment holiday. Alternatively, you may wish to offer your employees additional healthcare benefits at no extra cost to you.

Q:	Can we include family members ?
A:	Yes. Again, you set the rules, so it's up to you to decide whom you wish to include or exclude.

Q:	Will cover be determined by the individual employee's medical history or type of condition ?
A:	Since you determine the scope of cover and the contributions you want to make, if you want to include everyone and all conditions, you can.

Q:	Are medicals needed ?
A:	No

Q:	Is there an annual renewal date ?
A:	Yes, we will set an annual review where we will meet to ensure the fund is working the way you want it to.

To find out more about how your company and its employees can benefit from
Revelation Healthcare’s corporate medical cover:

Call: 0870 850 3408