Bupa has launched a new cash plan product with YuLife, with a view to improving employee wellbeing while reducing absence in the workplace.
This new option will run alongside Bupa’s existing cash plan, with employers given the option to upgrade to this premium product at renewal.
The new plan offers employees a range of digital healthcare services that are integrated into the YuLife app. This includes an online GP service, MSK support and a skin cancer detection tool. Employees will also have access to Bupa’s EAP and the company 24/7 nurse helpline.
As with other cash plan products, employees can use the digital service to claim back the cost of a wide range of everyday healthcare treatments, including dental and optical care, therapies, diagnostics and prescriptions.
Three tiers of cover are available, offering increasing levels of reimbursement, with a book-rated pricing model, which Bupa says should give employers greater predictability over long-term costs.
Employers also benefit from anonymised, real-time workforce wellbeing insights through Yunity, YuLife’s intelligence layer. This provides visibility into how benefits are being used, identifies emerging trends and key risks, and enables early intervention to support healthier, more productive teams.
Early results around employee engagement with the YuLife platform show the approach is already having a measurable impact, including increasing physical activity by 20 per cent reducing stress levels by 53 per cent, and cutting absenteeism by 11.5 per cent
The companies said this new product – ‘Bupa x YuLife Health Cash Plan’ – comes as UK businesses face growing challenges around absence and presenteeism, with around 150 million working days lost to illness each year and a further £25bn lost to employees working while unwell.
Bupa UK Insurance director of product and proposition Dan Sullivan, says: “Businesses are under growing pressure from rising levels of absence and poor workforce wellbeing. Employers are looking for solutions that not only support people when they become unwell, but help them stay healthy in the first place.
“Expanding access to healthcare is central to Bupa’s strategy. By bringing together high-quality care, preventive support and digital wellbeing services, we’re evolving to meet the changing needs of our customers and making healthcare accessible and affordable for more people.”
Josh Hart, co-founder and chief product officer at YuLife, adds: “This Cash Plan is the all-in-one employee benefit, built for companies of every size and priced so more of them can offer it. Instead of absorbing the cost of people being off work, employers now have a Bupa x YuLife solution they can put in place today.”