Medical Care Direct launches small scheme healthcare trusts

The scheme offers comprehensive third party administration, MCD's Treatment Sourcing Service (TSS) and stop loss insurance - for those employers who wish to put a cap on their trust's liability should treatment costs exceed the trust fund - as one fixed price package. Jan Lawson, Chairman of MCD said, "This is bringing trusts as an option into the arena of small schemes, when this was not the case in the past. Each scheme stands on its own, however, and does not subsidise another. She added: "In the past employers were wary of the upfront fees, the involvement of lawyers and the oblig...