Corporate Benefits Solutions

The International Medical Fund Trust was established in 2000 and as a more viable alternative to traditional employee and group benefit schemes for domestic and international markets offshore. The trust is a specialised offshore facility through which trust facilitated employee and group benefits programs can be facilitated.

There are numerous benefits and advantages of using the trust to facilitate your employee or group benefits scheme. Some of the key benefits include the ability to eliminate of unnecessary layers of complexity and costs that would otherwise be incurred with a commercial insurer or self insured captive schemes.

Using the International Medical Fund Trust as an alternative through which to facilitate your employee or group benefits scheme also provides unmatched flexibility and freedom to deliver any combination of benefits to any employee or group virtually anywhere in the world, at a fraction of the cost of traditional solutions.

Why Healthcare Trusts

In the UK and USA group health trusts have longed been viewed as more equitable alternatives to commercial and offshore captive international medical schemes. More than 10% of the UK workforce is now reportedly receive their medical coverage through corporate health trusts.

In the US major companies such as General Motors and the Ford have established health trusts to cover their retiree workforces. Municipalities, schools and other public sector employers in the US also cover their employees through health benefits trusts.

Trusts are becoming the preferred alternative, because they are:

• More cost effective
• More flexible
• Can be tailored to meet specific requirements
• Not subject to market driven price rises
• Will produce annual surpluses (real cash savings)
• Absolutely transparent