Cash Plan.
A Flexible Insurance for
Everyday Healthcare.
Cash Plans help your employees cover everyday healthcare needs – they’ll be provided with an annual allowance, which they can use to claim back the cost for things like dental care, optical care and even specific alternative therapies, such as reflexology or Indian Head Massages.
A Popular Core Benefit.
Providing a Cash Plan is a great, cost-effective way to show a real commitment to your team’s (and their children’s) health and well-being.
Typically, employers fund one standard level of care for all employees, ensuring everyone has basic access to the plan’s benefits. Employees can then choose to flex their coverage on the Zhoosh Platform by upgrading to a higher tier of coverage. They can cover the additional cost by using their employee allowance (if you provide one) or by making a salary sacrifice.
The plans are available year-round (provided an employee hasn’t hit their allowance threshold), ensuring continuous health and well-being support, which makes these plans a consistently appreciated and well-utilised benefit.
A standout feature of Cash Plans is their simplicity and usability. Providers like Medicash, Healthshield, Bupa and Simply Health offer user-friendly reimbursements (often managed through an app) that make submitting claims effortless.
Employees simply upload their receipts and receive a prompt reimbursement, generally within days.
Cash plans are a great core benefit for your team because they address their everyday healthcare needs. Easy access to dental, optical, and therapy care can prevent minor issues from escalating into big ones.
This results in a happier, healthier, and more engaged workforce. Cash plans are a win-win employee benefit that is meaningful, cost-effective, and supportive of your workforce’s well-being.
It’s important to note that Cash Plans are a taxable P11D benefit, meaning the plan’s value must be reported to HMRC and will be subject to tax. Don’t worry; the Zhoosh Platform will calculate this for you and provide a handy report ahead of any HMRC deadlines. You cover your team, and we’ll cover the admin-heavy stuff. Great, right?