Groups often offer health insurance coverage to their members. For employers, this is a useful incentive to hire and retain employees. It involves the employer buying a group mediclaim insurance policy that will cover its employees. Some organization offers to extend the medical coverage to the family of the employees through family floater option. In […]
Looking for a group health insurance for your firm? 4 points to consider
Offering group health insurance to employees is a great idea. Not only does it help in attracting top talent to your company, but you can also avail a lot of benefits as an employer including tax benefits. So, if you are looking for group health insurance for your firm, here are some points that you […]
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. Key Takeaways The Power of Five: A business […]
Attention Employers! Here Are Three Smart Steps to Win Your Employees’ Hearts
Win your employees’ hearts and ensure that they stay with your organization for a long tenure with these three tips.
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. Key Takeaways The Recovery Principle: Subrogation ensures that the ultimate financial burden falls on the […]
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. Key Takeaways The Deductible Effect: When employees share a portion of the risk through a deductible, they tend to be more judicious about filing claims. This […]
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 : Key Takeaways The “No-Claim” Rule: Refunds are generally only possible if no claims have been filed under the policy. If even a single employee has utilized the cover, the premium is typically considered fully earned by the […]
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. Key Takeaways Not a Standard Feature: Domiciliary cover is not always included by default. In both individual and group plans, it […]
How Group Health Insurance Complement the Employer?
Know how your group health plan complements you with the ways mentioned below. Also, we at SecureNow provide you with quotes from different insurance providers all in one place.
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. Key Takeaways The Knowledge Gap: Most […]