AXA Insurance has launched Better Me Business, an employee benefits solution designed for small and medium-sized enterprises (SMEs) and start-ups in Singapore. It features a wide range of plan and rider options that cater to different coverage needs and budgets, and goes beyond medical benefits to include supplementary health and wellness services that can help boost employee satisfaction and productivity.
Better Me Business is part of the enhanced #BetterMe by AXA employee benefits proposition which supports businesses of all sizes and needs. SMEs and start-ups of any size can look to this solution for comprehensive employee benefits coverage as it does not come with any minimum group size requirement.
Here’s an overview of what companies and their employees will get with Better Me Business:
- Comprehensive coverage without the constraints of sub-limits
Unlike many employee benefits offerings in the market which come with sub-limits for different benefits under inpatient coverage, Better Me Business provides coverage with annual policy limits. With this benefits structure, employees have greater certainty about how much of their medical bills will be covered if they have to undergo medical procedures, whether major or minor.
- A range of health and wellness services for employees
SMEs and start-ups will be empowered to support their employees’ health and well-being with additional benefits, that are more often associated with larger companies, such as a chronic disease management program, mental support through in-person or virtual consultations, fitness and wellness experiences at exclusive rates, and discounted health screening packages.
- An added layer of personalisation with the option for employees to enhance their coverage according to their needs
Companies may not be able to cater to the individual coverage needs of all their employees. With Better Me Business, employees who need more coverage have the flexibility of enhancing their company-provided insurance plan by increasing the level of coverage or adding on new coverage, such as critical illness insurance, personal accident insurance, general practitioner coverage, specialist coverage, and dental coverage.
- Convenience of accessing policy information and services through digital platforms
Through a one-stop HR portal, companies will be able to conveniently access their organisation’s policy details and manage it with greater visibility. They will be able to easily track claims and generate reports on the platform, which helps to reduce administrative work and increase efficiency.
Employees too will enjoy greater convenience with policy information available at their fingertips via the MyAXA app and portal, including personal policies they may have with AXA. They can also easily access a range of wellness services as well as file and track claims via MyAXA.
More from AXA:
Only 15% of Singaporeans have sufficient critical illness coverage - AXA survey
Insurer makes sustainable investing accessible to Singaporeans
AXA Hong Kong and Macau stands with Employee Benefits customers by providing free new physical and mental protection
P.S: Join 10,000+ financial advisers, leaders, and senior executives on our complimentary VIP Weekly Newsletter