To ensure the ‘good health’ of your business, it is necessary to take care of your employees ‘health. By offering group health insurance policies, you can take care of the rising medical expenses which otherwise could be a major brunt on the finances of your employees. While, most of the group health insurance policies offer […]
What are waiting periods in Individual and Group Health Insurance Policies?
In the context of health insurance, the waiting period refers to the time that must elapse before ailments listed in the policy can be covered. Here you will get to know about three types of waiting periods which are typically applicable to individual health insurance. Insurance companies often waive these off for group health insurance. […]
What Are Additional Benefits Available Under Group Health Insurance?
A group health insurance policy provides standard cover to employees of a firm or members associated with a group. The employer can bear the premium cost (in the case of employer-employee relation) or the group members jointly can do so. Top-up covers are available to an employee, which then makes it a contributory plan. This […]
The 5 Health Benefits That You Can Offer to Your Employees
Health care is the most important benefit that you can offer to your employees. Employees value health benefits and consider them the second-best thing next to monetary compensation. It gives the employer the added benefit of being able to employ and retain the best talent in the organization. Further, healthy employees drive the success of […]
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, organizations review the background of insurers and the policy but […]
Multiple individual plans or one group health plan?
Multiple individual plans or one group health plan? A group health insurance plan is an effective tool to increase employee motivation. Most employers avail of a single group mediclaim policy that covers all their employees. However, you could also opt for a different approach and have multiple individual insurance plans for employees. While such a […]
How does renewal pricing work for group health insurance?
A group health insurance policy covers multiple members of a group under its scope. Insured a single policy covering all the members and the policy, called a Master Policy. While issuing the group health insurance policy, the insurance company fixes the premium of the policy based on the following factors – The type of group […]
Boost Your Business Productivity With These 4 Healthy Employee Ideas
Boosting business and especially employee productivity can be tricky. While most managers today understand that the efficiency of the workforce is affected by factors that go beyond earning a decent salary, it is more about improving employee engagement and giving them a sense of belonging, letting them know that their contribution is indispensable for the […]
How the maternity amendment bill impacts employees and employers?
In 2017, Parliament passed the Maternity Benefit Amendment Bill, which has increased the number of paid maternity leaves for working women from 12 weeks to 26 weeks. Though considered it a great move, some were apprehensive about the impact of the bill on employees and employers. Let’s understand how the maternity amendment bill has been […]
20 employees in Your Firm? You are Eligible to Enjoy the Benefits of Group Health Insurance!
All companies, big or small, should buy group health insurance for their employees. Read more about the minimum number of employees your company must have before buying this policy.