Stebby, the largest wellness marketplace in the Baltics, has added the ability to purchase and manage health insurance packages to the platform, which now allows companies to take out a health insurance policy, offer compensation for wellness services and see an overview of all contracts in the same environment. This is a unique opportunity across the Baltics.
To keep workers healthy and happy
The new health insurance module offers all companies the opportunity to purchase 360° Health Protection packages, with three strands that complement the health and well-being of employees according to individual preferences. The main elements of the packages are support for sport, treatment options and staying healthy in general.
As the provision of universal health insurance to employees has become a common practice for employers, alongside the provision of health compensation, contracting and policy administration between different providers, insurance brokers and accountants is often confusing and time-consuming. Nor does it provide any certainty that the employee will know how to use or be aware of the benefits on offer, which means that the whole benefit can be lost without the employer and employee knowing.
Stebby solves the problem and provides a single environment for selecting and managing health compensation options, whether the employee is offered wellness services or health insurance.
The employer can choose the services to be reimbursed, the insurance packages, the amount to be reimbursed and everything else. The rest is done by a platform that keeps an eye on spending, tax exemptions, offers the possibility of various reports and advises companies and users on how to make the best choices for health. This way, in one environment, employers can keep an eye on their company’s health expenditure and employees can make the right choices in just a few moments.
According to Kristjan Novitski, CEO of Stebby, managing health insurance together with health compensation in one environment is a step forward towards a healthier workforce and society, and 360° Health Protection enables easy access to insurance services with simple packages.
Novitski says that thanks to the new features of the Stebby platform, such as the health insurance module and the 360° Health Protection , employers can invest in their employees’ health in an easy-to-manage and secure environment, regardless of the number of employees. Employees, on the other hand, can make the best choice for their own health according to the options offered.
“All the time and resources previously spent on bookkeeping or unused services will stay in the past, as the employer only pays for what the employee actually uses,” he explains.
Valikut jagub kõigile
The 360° Health Protection packages are offered in partnership with IIZI Kindlustusmaakler AS, with whom the best options were found to take care of the well-being of the community. The packages are called Be Healthy, Fast Treatment and Cared For. Their monthly price is within the limits of the employer’s tax-free health benefits, i.e. up to €33 per month. This in turn means that for companies, the health insurance packages are tax-free, helping to avoid extra costs and personal income tax.
The Estonian tax system supports the provision of health and sports compensation by an employer to an employee up to €100 in a quarter. The law was adopted in 2018 and thousands of employers have taken advantage of this opportunity through Stebby.
With more than 1700 companies, 180 000 users and more than 2000 service providers, Stebby is the largest wellness marketplace in the Baltics. Find out more on the Stebby website stebby.eu.
