The Mutual Revolution: New Insurance To Cover Staff Shortages
Shock figures reveal a staggering 57% of teachers have considered leaving the education sector within the past two years because of health pressures. The latest studies from the Teacher Wellbeing Index expose the problems facing the sector with the recruitment and retention of teachers being a key issue. Now one company, based in the North East, is trying to change the way school finances are run so that profits are fed back into the system rather than being sucked into the private sector. Education Mutual has been set up by schools, for schools and looks to give educators the flexibility to design their own staff absence cover to match each school’s exact needs. This can include existing and ongoing absences, planned surgeries and ongoing maternity leaves, all supported by our fast-track health cover services. With schools struggling to deal with teacher absences and seeing their budgets being squeezed across the country the idea of a mutual, where members all have a democratic say on how money is spent and refunded, is becoming increasingly attractive. The mutual was established in 2018 by education professionals disillusioned with the insurance policies in the sector charging a premium for a decreasing service. Company chairman Nick Hurn OBE said: “Education Mutual provides a new innovative way to manage staff absence and healthcare. Our continuous focus on clinical governance ensures the highest level of service provision and quality outcomes for our members.” Unlike traditional insurance companies, a mutual does not have to make money for investors or shareholders. Instead Education Mutual is owned by its members – schools, colleges and nurseries, all education providers, with the purpose of keeping more of the budget within education. Education Mutual is operated solely for the benefit of the members with all members paying a contribution to the mutual which is used to pay claims. Members can attend Annual General Meetings and vote on important issues such as; who is elected to the board, cover improvements and contribution levels. The mutual board makes key decisions such as what to do with any surplus after payment of claims and administration costs. While a mutual isn’t a new concept (in fact it’s an idea that’s been around for centuries), it has had a resurgence in popularity in recent times because it offers a stable and trusted alternative to traditional insurance. Find out more
Teacher absence tackled by new partnership between Schools Advisory Service and health app
The Schools Advisory Service (SAS), which provides teachers in the UK with absence insurance, has partnered with a Manchester-based healthcare company to provide members with GP appointments via smartphone. The SAS is working with Now Healthcare Group, utilising their Dr Now mobile app which connects users to a qualified doctor via Skype-style video chat. The partnership is set to begin on 1 April and will be available to the SAS’ 100,000 members nationwide. Dr Now is an ‘mHealth’ app which allows those who need to see a doctor the chance to book an appointment at the touch of a button and speak to one via video call on their Android or iOS smartphone. It can also deliver medicines straight to a patient’s home or office for ultimate convenience. The SAS previously relied upon a GP telephone service for when staff fell unwell, but this is to be Lee Dentith replaced with this new arrangement with Now Healthcare Group. Nearly 3 million teaching days are lost through sickness in schools in the UK every year, and the SAS is aiming to reduce this number by providing teachers with quick and easy healthcare – helping them avoid waiting times at the clinic and the hassle of taking time off to see a doctor. Director of Schools Advisory Service, Les Marshall, said: “Our new service from Now Healthcare Group will be an essential element of trying to prevent and reduce staff absences in schools. This service is just what teachers have been asking us to provide for years and to finally be able to provide a service of the highest quality from the market leader demonstrates why Schools Advisory Service is the UK’s largest supplier of staff absence insurance.” Founder & CEO of Now Healthcare Group, Lee Dentith, said: “Now Healthcare Group is thrilled to be working with Schools Advisory Service through this exclusive partnership. We’re looking to significantly reduce the number of sickness days lost by teachers and education workers by giving them access to a GP immediately through our mobile app platform, Dr Now / Now GP. Our partnership will benefit schools, teachers and children alike as we look to minimise disruption to pupils’ education across the country.” https://youtu.be/rHcdD0YKdbs Download the app from the App Store and Google Play.