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Illustration of Scheme to retain staff

Medical Insurance: The New Key to Employee Retention?

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Fiji Care’s Chief Operating Officer, Krishika Narayan, highlighted the increasing use of medical insurance by businesses as a strategy to retain employees during the Nadi Chamber of Commerce and Industry’s annual business forum. She noted a significant demand for private sector medical insurance, with many corporations, universities, and banks customizing medical schemes to meet their needs.

Narayan pointed out that this trend has proven effective for businesses, especially amid the growing pressures on public health facilities. While there is a rising interest in obtaining medical insurance, she also identified a challenge: the shortage of private hospitals leading to heightened costs for medical claims, hospitalizations, and treatments.

Recognizing these challenges, Narayan emphasized the importance of investment in the medical sector. As part of Fiji Care’s commitment, the company plans substantial capital investments aimed at developing advanced medical facilities in Nadi over the next three years. This initiative not only signals a response to current market demands but may also enhance the overall healthcare landscape in Fiji, fostering both employee satisfaction and community health improvements.

With these positive developments on the horizon, there is reason to be hopeful about the future of healthcare in Fiji. The ambition to expand medical infrastructure can lead to improved care availability and possibly lower costs in the long run.

In summary, Fiji Care is taking steps to address the healthcare needs by investing in infrastructure, which may alleviate some of the pressures on the current system and illustrate a commitment to both employee and public health.


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