There are unique benefits of choosing either type of 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 customers […]
Group Health Insurance
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.
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
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 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 […]
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 which offer group health insurance with range of benefits. Below infographic explains various factors which you should consider before finalising the insurance provider to ensure that you get the best policy for you.