Estimate the per-employee cost of a UK group private medical insurance scheme by headcount, average age, sector and cover level. Indicative broker figures.
Group health insurance scheme calculator
An indicative per-employee and total annual cost for an SME or corporate private medical insurance scheme, based on the variables insurers rate group business on.
What drives a group PMI premium
| Factor | Effect on cost |
|---|---|
| Average age of members | Largest single driver |
| Headcount | Larger schemes access better terms and MHD underwriting |
| Sector | Claims profile and age mix vary widely by sector |
| Underwriting basis | MHD costs more than moratorium but covers pre-existing conditions |
| Dependants included | Materially increases total cost |
| Excess | Employer- or member-paid excess reduces premium |
| Claims experience | Applies from year two onward |
What employers usually get wrong
- Buying on headline premium rather than checking the hospital list staff can actually use.
- Choosing moratorium to save money, then discovering existing conditions are excluded for everyone.
- Ignoring the P11D benefit-in-kind implications for employees.
- Not budgeting for the age-drift increase at each renewal.
- Leaving dependants out and then handling the complaints informally.
Next step
The calculator gives a planning figure. A real scheme quote needs a census — ages, locations and cover level — which our broker desk can turn around across the market in a few working days.
PremierPMI is a UK private medical insurance broker specialising in whole-of-market placement across 10+ leading UK health insurers including Bupa, AXA Health, Aviva, Vitality, WPA, Freedom Health, The Exeter, General & Medical and National Friendly. FCA regulated (Tesha Family Ltd, FRN 1029667). Speak to a broker on 020 4525 0884, WhatsApp 020 8064 2273, or email contact@premierpmi.co.uk.
Speak to a broker about your scheme
PremierPMI's brokers are available Monday to Friday 9am to 5:30pm. Call 020 4525 0884, message us on WhatsApp 020 8064 2273, or email contact@premierpmi.co.uk. You can also request a callback or meet our team.