Right insurer to buy a Group Health Insurance Policy from Selecting the right insurer for buying the group health insurance policy for employees is a crucial decision that can impact your employees’ well-being and your company’s bottom line. Keep these key factors in mind and choose a provider that aligns with your business needs and […]
I am offered an option between choosing a Public Sector (PSU) or a private insurer for my group health insurance. How do I decide? What are the benefits I can enjoy if I choose either type of insurer?
There are unique benefits to choosing either type of group health insurer. A few private insurers provide faster claim settlements as compared to PSUs. However, PSUs offer GIPSA (General Insurance Public Sector Association) packages through PPN-listed hospitals which brings in a greater rationalization of the claims cost structure in billing. Standardized packages and rates safeguard […]
Is it better to have an insurer with a TPA for my group mediclaim, or should one pick an insurer that processes claims in-house i.e. on their own?
Both in-house claim departments and TPAs provide effective processes for health insurance claim settlements. The in-house claim process allows the insurance company to exert better control. This includes easier claims handling and a lower turn-around time (TAT) for policyholders. TPAs have their own cashless hospital networks which are generally wider than most insurers. About The […]
Who is the right insurer for a start-up GMC?
When you are buying group insurance for the first time, you have to be extra cautious in your choice of service partner. There are 20+ general and health insurance companies in the market offering group health insurance services. Choosing among them can be a tough task. Below mentioned are a few parameters that can help […]
Things to remember when choosing group health insurance
The importance of medical insurance has only increased post-Covid-19. For employers, this means selecting the right group of health insurance for their employees. Choosing the best group mediclaim policy would be one that offers the maximum benefits at a reasonable cost. If you are an employer looking to purchase corporate health insurance, here are […]
Choose the right group health insurer
In India, almost all well-established corporates have a group health insurance policy for their employees. With more than 20 group medical insurance providers in the market, choosing the best group mediclaim policy in India can be daunting. That being said, if you keep a few key aspects in mind, you can actually choose the right […]
Right Insurer to buy Group Health Insurance – Infographic
There are many public and private insurance companies that offer group health insurance with a range of benefits. Choosing the right Insurer to buy Group Health Insurance is crucial for any business owner. Factors to consider when choosing insurer for buying Group Health Insurance The following are some key factors to consider when selecting an […]