When a company enrols its workforce under a group health insurance policy, the conversation in the HR room usually centres on one question: “Are our employees covered?” But that is really just the beginning. The more useful question is: “What exactly are they covered for, and what falls outside the policy?” Understanding the features of […]
Tax Benefits of Group Health Insurance
Most HR managers and finance teams think about group health insurance (GHI) primarily as a welfare measure – a way to attract good talent and keep employees secure. That is certainly true. But here is what often gets overlooked in payroll meetings and budget reviews: a well-structured group health insurance plan is also one of […]
Converting GHI to Individual Health Insurance on Leaving Employment
For millions of salaried employees across India, Group Health Insurance (GHI) provided by their employer is often the only health cover they have. It is convenient, affordable, and – while you are employed – comprehensive. But the day you resign, retire, or are laid off, that coverage ends. And it ends abruptly. What most employees […]
GHI vs Individual Health Insurance
Health insurance is no longer a luxury – it is a financial necessity. Yet, the choice between a Group Health Insurance (GHI) policy offered by an employer vs an Individual Health Insurance plan purchased independently can be confusing. Both serve the fundamental purpose of covering medical expenses, but they differ significantly in structure, ownership, cost, […]
What is Group Health Insurance — The Complete Guide
Most employees have one. It arrives as a small laminated card with the insurer’s logo and a helpline number printed in fine type. You tuck it into your wallet, maybe forward the e-copy to your spouse, and largely forget about it – until the day you actually need it. That moment, if it ever arrives, […]
Buying and Renewing Group Health Insurance — The HR Guide
For most HR professionals in India, buying group health insurance is one of the highest-stakes procurement decisions they make each year. The policy they select – or renew without adequate scrutiny – will determine the quality of healthcare protection for hundreds or thousands of employees and their families. Get it right, and it is a […]
Maternity Benefits in GHI — What the Policy Covers?
Childbirth in India is no longer an inexpensive affair. A normal delivery at a private hospital in a metro city can cost anywhere between ₹50,000 and ₹1.5 lakh. A Caesarean section can push costs well above ₹2 lakh — and that figure climbs sharply if there are complications or if the newborn requires neonatal care. […]
How GHI Premiums Are Determined – Concepts & Factors
In today’s competitive talent landscape, Group Health Insurance (GHI) – also known as Group Mediclaim Policy (GMC) or corporate health insurance – has become far more than a statutory benefit. It is a strategic tool for employee retention, productivity, and well-being. Yet for many HR leaders, CFOs, and business owners in India, the annual premium […]
The GHI Claim Process – Cashless and Reimbursement Explained
A Group Health Insurance (GHI) policy is only as valuable as your ability to use it when it matters most. Yet, for many employees across India, the moment a hospitalisation actually occurs is the first time they engage seriously with the claim process – and that is rarely a good time to read the fine […]
General Insurance Claim Settlement Trends in India (2024–25 Insights)
In the rapidly evolving landscape of Indian finance, general insurance has transitioned from a “good-to-have” safety net to a “must-have” strategic asset. As we navigate the 2024–25 period, the industry is witnessing a seismic shift in how claims are handled. Driven by aggressive regulatory reforms from the IRDAI and a massive infusion of Artificial Intelligence […]