Follow us on:

CloseClose

REBA’s Inside Track: government backs group risk insurance as a ‘valuable source of support’

By Dawn Lewis, content editor at REBA 19 August 2021.

It’s more than two years since the government launched its Health is Everyone’s Business consultation. At the time, no one could have imagined just how timely and much needed this study was going to be, as we now emerge from a pandemic with a renewed focus on health and wellbeing.

The consultation considered how go­vernment and employers can take action to reduce ill health-related job loss, particularly for disabled people and those with long-term health conditions. It explored changes to Statutory Sick Pay (SSP), Occupational Health (OH), information and advice, and employer guidance.

Central to the government’s response is the desire “to see employers creating healthier workplaces and offering the right support to their staff”.

Where does group risk insurance fit?

The consultation did not focus on the provision of employee benefits. As stated above, the main aims were around improving OH services and the guidance employers receive about health and wellbeing. However, the consultation received several responses about the importance of insurance products, such as group income protection (GIP), as another way of supporting employees’ health and wellbeing.

Please click here to view the full article.

Join now

If you are active in the group risk market and would be interested in gaining a greater share of voice and working more closely with your contemporaries in the industry please get in touch by completing this page.

Benefits of membership:

A STAKE IN POLICY

A STAKE IN POLICY

The opportunity to influence group risk policymaking.

VALUE BY ASSOCIATION

VALUE BY ASSOCIATION

GRiD is a respected voice in the protection sector – as such, membership enhances the status of member organisations.

ACCESS TO EXCLUSIVE INFORMATION

ACCESS TO EXCLUSIVE INFORMATION

Privileged access to output from the various working groups, including consultation responses, regulatory updates, employer research and pan industry claims data. GRiD members also gain exclusive access to industry speakers at member meetings.

Please enter your details:

Member register
  •     Already a member? Please login.