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What is employer-employee insurance?

What is employer-employee insurance? An employer buys an employer-employee insurance policy to insure the life of their employees. Additionally, it is an arrangement that suggests that the employer has an insurable interest in their employees. Also, such an insurance policy encourages employees to stay with the employer. Where is Group Health Insurance applicable? This group […]

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Subrogation and Group Health Insurance

Does your employer offer corporate health insurance? Has the term ‘subrogation’ come up in the context of this employee insurance scheme? If you would like to understand what it means and how it affects you, this post is for you. What is subrogation in Group Health Insurance? Have you ever been accidentally injured, visited the […]

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How to minimize cost for employees group insurance policy

Nowadays most organizations offer employees Group Insurance Policy. Group insurance policies like group health insurance, group term insurance, etc.; are some of the policies which are offered to employees. On the one hand, these insurance policies bolster the morale of employees, on the other, these are an added cost to the insurance company. To minimize […]

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What is the process of cancellation of a Group Health Insurance Policy?

The cancellation process of a group health insurance policy can be carried out in the following ways : 1. Cancellation by policyholder/insured – If a policyholder thinks of cancelling the group health policy, a 30-day prior written notice is required to be given to the insurance company. After receiving the notice, the insurer will cancel […]

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Domiciliary hospitalization and health insurance

Sometimes, we might need serious medical care but might not be able to leave home. In such circumstances, hospital-like treatment would have to be administered at home. This is domiciliary hospitalization and health insurance. How do health insurance providers treat domiciliary hospitalization? This post attempts to offer some clarity on the issue. Inclusions and exclusions […]

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Seven Tips to Boost the Healthy Habits Among Employees

Undoubtedly, a healthy workforce makes for a productive team. A company can get more out of their employees if they take their health and wellness seriously. Moreover, if you are offering a group mediclaim policy, these healthy habits will lower the insurance claim and further trim the premium coverage. So here are some tips to […]

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How to file reimbursement claim under a Group Health Insurance Policy?

If you are covered by a group health insurance plan, you might have to claim reimbursement for medical expenses if you go to a hospital that is non-empanelled (or not a network hospital). You cannot avail of cashless hospitalisation at non-empanelled hospitals. Another reason for claiming reimbursement could be that the insurer takes time to […]

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Group and Individual Health Insurance — Chief Differences

With the increase in the occurrence of critical illnesses all around us, you need a shield in the form of health insurance for medical emergencies. However, insurance companies in India offer several products and it can be confusing to choose the best one for you. Of the many choices in health insurance, two are individual […]

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