Latin America | Change


Flexible package of benefits for your employees

Offering an attractive package of health benefits to employees is important within a competitive business environment. A flexible package of benefits is a valuable tool when recruiting new talent.

Determining the right group type, option, and deductible plan for your business depends on a variety of factors, including the nature of your business, the skills and profile of your workforce, and your employees’ needs. An attractive package of benefits enhances job satisfaction and motivates key workers, and it can also maximize productivity by keeping your workforce in good health, in and out of work.

Bupa offers two group types depending on the size and needs of your business:


Community Rated

This group type has been designed for small to medium sized businesses looking to insure ten employees or more. The quotes are based on the census information received, the employees’ country of residence, and the deductible selected.


Advantages:

  • Standard premiums
  • Flexible underwriting
  • Guaranteed renewal
  • No age limit to apply
  • Renewal rates based on portfolio performance

Experience Rated

Bupa has designed a group type for large businesses looking to insure 70 employees or more. The customized health plan quote is based on census information provided to us by the business, the company’s past claims experience, and the benefits requested.


Advantages:

  • Customized quote
  • One year contract, guaranteed
  • Quarterly claims report to help your business track your group’s loss ratio

We also provide:

  • A training program for the plan administrator to help ensure a successful transition to Bupa
  • Coverage for pre-existing conditions
  • Renewal rates based on your group’s performance

Options

To better help you select the coverage you need for your employees, we offer two options to consider, regardless of the Group type selected:

Option 1
Worldwide area of coverage, excluding the United States of America, with a maximum coverage limit of US$500,000 per member, per membership year.

Option 2
Worldwide area of coverage, including the United States of America, with a maximum coverage limit of US$1,000,000 per member, per membership year.

Deductible Plans

  Plan 1 Plan 2 Plan 3 Plan 4
Worldwide Deductible $0 $500 $2,000 $10,000
USA Deductible $1,000 $2,000 $5,000 $10,000