Employee Retention with Occupational Health Insurance
41% higher employee retention through occupational health insurance – The health benefit that really works and is tax attractive.
What is Occupational Health Insurance (bKV)?
Occupational health insurance is an employer-funded supplementary insurance that provides your employees with health services at private patient level – and usually without their own contribution.
- Dental prosthetics and high-quality dental treatments
- Vision aids (glasses, contact lenses)
- Alternative practitioner services and alternative healing methods
- Chief physician treatment and single or double room in hospital
- Preventive examinations beyond statutory health insurance standards
- Travel health insurance abroad
The Impact on Employee Retention: Convincing Figures
Occupational health insurance is not a 'nice-to-have', but a strategic instrument with measurable impact.
+41% increase in employee retention – This was shown by a GfK study from 2015 and has been confirmed by numerous companies since.
- Health is a highly emotional topic
- Employees feel valued when their employer invests in their health
- bKV repeatedly reminds employees positively of the employer – every time the employee uses the services
The Advantages for Your Company
Competitive Advantage in the 'War for Talents'
In the fight for qualified skilled workers, bKV is a crucial differentiating feature.
Reduction of Sick Days
Through preventive health measures and faster access to medical care, sick days can be significantly reduced.
Reduction of Fluctuation and Recruitment Costs
Finding and training new employees is expensive. Every prevented termination saves your company tens of thousands of euros.
Improved Working Atmosphere and Higher Motivation
Employees who feel well insured in terms of health are more satisfied and motivated.
Tax Advantages for Your Company
bKV offers attractive tax conditions that make it financially advantageous for both you as an employer and your employees.
Tax Treatment: Both Sides Benefit
The tax handling of bKV is an important factor in the overall cost calculation.
Tax-Free Allowance: 50 Euros Tax-Free
As a fringe benefit, occupational health insurance is generally tax and social insurance free up to the fringe benefit allowance of 50 euros per employee per month.
Flat-Rate Taxation for Higher Contributions
If the contribution exceeds the 50-euro limit, you as an employer can choose flat-rate taxation under §40 EStG.
Deduct bKV as Business Expense
The contributions to occupational health insurance as well as any tax and social insurance contributions you bear can be deducted as business expenses.
Financing Models for SMEs: Which One Fits You?
Full Cost Assumption by the Employer
You cover the contributions completely – the strongest signal of appreciation and the greatest impact on employee retention.
Mixed Model
You finance basic coverage (e.g. up to the 50-euro limit), employees can optionally finance additional modules themselves.
Employee Financing with Group Conditions
You organize the bKV, but employees bear the contributions themselves. The advantage: significantly cheaper conditions through group contracts.
What Our Customers Say
The Advantages for Your Company
"Since introducing bKV, our employee satisfaction has increased significantly. The health services are really appreciated and create loyalty."
"The tax advantages make bKV extremely attractive for us as employers. The costs are manageable and the effect on retention is enormous."