Low Cost, Tax-Efficient, High Engagement
Health cash plans offer a cost-effective way to enhance benefits without stretching budgets.
Tax-free refunds of employees’ routine healthcare costs
Free child membership
Cover for pre-existing health conditions
Cinema, restaurant, retail, gym, and holiday discounts
Confidential counselling can also be added
A typical employer investment of just £1.50 per employee per week creates only a small tax charge because HMRC deems this ‘additional salary’ but all of the costs and discounts employees recover from the plan are tax-free.
The best cash plans use smartphone apps for instant access to benefits and processing claims, creating high visibility and regular employee engagement.
Typically Four Benefit Levels
There are typically four benefit levels, reimbursing the same items to progressively higher annual limits. As an employer, you must fully fund one of these levels.
Your contribution also secures free membership for at least four children per employee (subject to benefit and age limits). There’s no payroll admin for you, because employees who want to upgrade cover or add a partner can do this via personal direct debits.
Popular Everyday Uses
Here are some examples of what cash plans can cover:
Did you know?
Your cash plan can be tailored to include PMI claims excess cover and an Employee Assistance Programme – saving you money on a standalone EAP.
What Our Clients Say
Partnerships built on trust, results, and understanding - here's what our clients have to say.
“By identifying and recognising our specific requirements and priorities, Fulcrum has helped us to tailor our company benefits around a relatively strong local National Health Service. This has resulted in significantly reduced insurance costs without reducing the speed or quality of care. We have always found their honest and pragmatic approach to be a good fit with our own business.”
“With our previous provider, I always felt like ‘just a number’ calling them with any queries – whereas an expert outfit like Fulcrum offers personalised service. After meeting them, we discovered there is much to insurance plan design which can impact massively on premiums”.
“Your team are a credit to Fulcrum. Michelle has been excellent with progress and updates to the schemes we’ve implemented.”
“Fulcrum has helped us to protect more employees, through better plan design.”
“Fulcrum thinks in a much more creative and strategic way than the average broker, and as a result provides a much higher value of service. We have saved approximately £50k in direct costs and far more in management time, as administration is far simpler.”
“Good engineers are thin on the ground and it’s important to us to attract and retain some of the best in the industry. Feedback tells us our employees value the benefits aspect of their package, and we are keen go the extra mile with this. We have found Fulcrum’s service to be second to none, extremely knowledgeable and professional.”
“Our experience with the team at Fulcrum has been nothing short of fantastic. They are friendly, approachable and very quick to respond to any queries. They spend time to explain situations and processes, to ensure that we understand them fully which demonstrates their dedication to great customer service”.
“Fulcrum’s advice and hands on approach has enabled us to provide a competitive and comprehensive Benefits package for our Employees.”
“I was initially sceptical that Fulcrum would be able to help us with our staff benefits packages as I felt we already had good value from providers. However, their careful and methodical analysis, combined with some innovative thinking, ended up with a great result with considerable savings for us. What’s more, the savings kicked in immediately. We continue to be delighted with their service.”
“Through diligent assessment of the market and tough negotiations on our behalf Fulcrum has saved us many thousands of pounds on our staff benefits. As well as major cost savings, the team at Fulcrum are exceptional in their professionalism and customer service”.
Trusted by world leaders investing in employee success
