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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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11 Group health insurance Features That Benefit Both Employers and Employees

The employer-employee relationship is one of the mutual benefits. While employees work for the benefit of the organization, the organization is expected to benefit the employees financially and non-financially. Group insurance plans are part of the financial benefits that ensure the financial safety of employees and their families in case of contingencies. Though not a […]

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Group insurance – who can be added and how often

Group mediclaim policy allows employers to provide insurance coverage to their employees. Relatively low premiums and tax deductions make it attractive to employers. On the other hand, features like extensive coverage, the inclusion of dependents in the policy, and cashless hospitalisation appeal to employees. But what type of employees can be included in a corporate […]

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How does a GMC policy work?

How does a GMC policy work? Quality healthcare in our country has become an exorbitantly expensive affair. As per a recent report by Mercer Marsh Benefits, the medical trend rate in our country is pegged at 10%. This will be double the overall inflation of 5%. Medical Trend Rate indicates the increase in per-person cost […]

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How does the group mediclaim insurance benefit the employees?

Group Medical insurance covers a large number of people under a single policy. Usually offered by employers or organizations to its members. The content or specifics of Group Mediclaim Insurance policies differ from one organization to another. However, the general inclusions are: Hospitalization related expenses This includes treatment expenses incurred during the stay in the […]

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What are the benefits of a group health insurance?

The importance of health insurance is known to everyone. There are multiple types of health insurance plans available in the market. These include individual plans, family floater plans, unit-linked health insurance plans, and group mediclaim.  While a lot is known about the first three types of health plans (as we select the service provider and […]

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General exclusions under group health insurance

With healthcare costs rising every year, health insurance is a great form of compensation for employees. Additionally, group health insurance plans provide tax benefits for employers and help them hire and retain good employees. Employers purchase group health insurance policies for all their eligible employees. Such policies usually cost less than individual policies since the […]

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What features are available for group health insurance for employees?

Medical and hospitalization expenses of the employees are covered by the group health insurance policy. Hence,  Employees are the most valuable assets of a company and employers try their best to secure employee satisfaction in the form of various facilities. Group health insurance policy is one of the facilities provided by the employer. Also, due […]

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