Selecting Right Insurer for buying a Cyber Insurance Policy In an era where cyber threats are a constant presence, securing your business with a robust cyber insurance policy is a strategic imperative. However, with a plethora of insurers vying for your attention, how do you ensure you’re choosing the right insurer for Cyber Insurance journey? […]
Right insurer to buy a Group Health Insurance Policy from Choosing the right insurer for buying the Group Health Insurance policy can be a daunting task. With so many options available, how do you know which one is the best fit for your business? In this brief video blog, we’ll discuss the essential factors to […]
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.
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 […]
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. 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 some […]
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 […]
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 […]