The need for 30-day enrolment for new hires In an employer-employee context, group health insurance is when an employer buys a medical insurance that covers their employees. However, the number of employees in an organisation can change frequently, with people leaving the firm as well as joining it. Organisations have to update corporate health insurance […]
Buying a group health insurance policy A group health insurance policy covers a group of individuals under a single plan. Only registered and recognized groups can buy group medical insurance for their members; the most common of these groups is employer-employee. Usually, employers buy such health insurance plans as part of their employee benefit programs. […]
Group Health Insurance policy provides medical coverage to members of a group against unforeseen medical costs due to health issues. This policy can be availed online and offline. Below infographic explains the buying process of group health insurance online.
A Group Health policy is a health insurance cover that provides protection to a group of people who can be the members of a society, the employees of a common employer, or the professionals in a common group. Employers usually take a group health policy for their employees to cover their medical risks and expenses. […]
Offering a group health insurance to employees is a great idea. Not only does it help in attracting top talent to your company, but you can also avail a lot of benefits as an employer including tax benefits. So, if you are looking for a group health insurance for your company, here are some points […]
Paying premiums for Group Mediclaim Insurance A group medical insurance policy covers the members of a group under a single policy. Groups that are eligible to buy a group health insurance policy for their members include employer-employees, trade unions and their members, clubs and their members, and banks and their account holders. New members are […]
A group mediclaim insurance policy covers a group of individuals under a single plan. The insurance provider issues a master policy which contains the name of all the insured members and the sum insured. Individual health insurance plans can be taken for a consecutive period of two to three years and are renewable lifelong. However, […]
Customising your group health insurance policy To ensure the health of your business, it is necessary to take care of your employees’ health. By offering a group medical insurance policy, you can take care of your employees’ rising medical expenses that could otherwise be a major burden on their finances. Often, organisations review the background […]