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UK workers increasingly value health cash plans over other benefits

Health cash plans have become the second most popular benefit in the country behind contributory pensions, according to research.

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The 2017 Willis Towers Watson Employee Benefits and Wellbeing Index found that 12% of respondents valued health cash plans the most – two-thirds (66%) of whom earn less than the national average salary.

 

The results see cash plans leapfrog both life and health insurance in the rankings. Contributory pension schemes remain top with 32% of the vote, with health and life insurance pushed into joint third spot (both 11% respectively).

 

Hot on the heels of the top four are health screenings (9%), a benefit that can provide insights into everything from body fat and hearing to blood pressure and lung function.

 

Despite efforts to promote mental health in the workplace and tackle traditional stigmas, counselling and EAP benefits continue to prop up the benefits rankings with just 3% of the vote.

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