WPA Protocol Plc
WPA Protocol administers corporate healthcare trusts. This is an alternative arrangement to private medical insurance whereby larger companies, defined by Protocol as usually those with 400 or more members, can use WPA's infrastructure to administer their own healthcare provision. Companies provide the funds from a trust, and WPA Protocol provides bespoke literature and telephone lines, as well as staff, infrastructure and economies of scale.
Trusts are not charged insurance premium tax and staff are considered to be more likely to claim responsibly from their own company as opposed to an insurer. Savings are estimated to be 7% compared to being fully insured.
Read more about this topic: Western Provident Association
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