A Group Health Insurance is a type of health insurance plan that covers for a group of people who work under the same organization. This is often offered as a valuable benefit for employees as the premium for the same is borne by the employer. The group health insurance coverage can be extended to the family members of the employees in some cases. This insurance plan is also referred to as corporate health insurance or employee health insurance.
However, the price for the same is comparatively a lot lesser as compared to individual health insurance plans and also benefits employers in tax reductions, therefore making it beneficial for both the employer and employee.
We offer both a comprehensive employee health insurance plan to cover for your employees from all illnesses and diseases, and a COVID-19 specific group cover to ensure your employees are covered against this grave pandemic
Waiting period waiver
Maternity Coverage
How Beneficial is a Group Health Insurance Policy for the Employees? Group insurance ensures increased employee satisfaction and better health benefits for its employees
Default Health Insurance Cover: Since, the insurance cover is provided to all the group members. Therefore, it is beneficial for those people who want to buy a mediclaim policy but cannot afford to pay the cost of the premium. Usually, the premium is paid by the employer, as a welfare measure for its employees.
Low-Cost Affair: To avail the benefits of a group health insurance policy, one just has to be an employee of the organization. It means when an employee joins the company, he/she automatically gets covered in a group health insurance policy.
Pre-medical Screening is not required: A pre-medical screening is required to determine the pre-existing medical conditions before purchasing an Individual mediclaim policy. Whereas, in a group medical insurance policy no such medical check-up is required
Easy Claim Process: The claim process of a group health insurance policy is quite simple. Considering the legacy of the employer, the claim is settled in a speedy and hassle-free manner. The employee only needs to accept the health insurance policy and show the health card to initiate the claim
Policy for Employers With a group health insurance policy an employee can avail a myriad of benefits that cannot be availed in individual health insurance policy
Lower cost on Premiums: One of the immediate benefits to the organization is that they have to pay a lesser premium amount in case of group health insurance
Employee Retention and Loyalty: Employee retention is important for any organization. Thus, the corporates are becoming more and more employee centric. Group medical insurance policies are used as a tool to ensure employees loyalty towards the organization. It also helps in the retention of old employees which reflects positively on the company's image
Motivates Employees: It takes off the stress from the minds of the employees. Thus, motivating them to perform better
Coverage limits and options suiting to your requirements and costs.
24 X 7 support
Expertise in implementation of the employee benefits programs. Benefit Manual for plan, coverage dissemination to employees. 24 X 7 claims support.
Online Administration
Online Policy Administration for Employees & HR including - Cashless E-cards, Cashless Hospital List, Claim Status Update & Endorsements.
