In a group health insurance plan, an insurer can apply caps on certain expense heads. Capping of expenses under group health insurance refers to the maximum amount or the limit that the insured can avail for a specific head under a group health insurance plan. If the capped expenses under one of the heads exceed […]
Group Health Insurance Explained
What is group health insurance? Group health insurance is a medical benefit plan offered to a group of people. However, this group can be of employees working in an organization or members of a society or an association. The plan also offers coverage to this group against hospitalization expenses for medical treatment. Medical insurance policy […]
Adding members’ parents to group health plans — concerns and alternatives
Increased life expectancy comes with rising medical expenses. Thus, many young people consider it prudent to buy health insurance cover for their parents. What this does is ensure the best medical care without a major financial burden. So, as an advantage, there is a provision for adding members’ parents in group health insurance plans. Most […]
Five schemes to reduce employee turnover
India’s workplace ecosystem is full of challenges and opportunities. An employer can hire the best people available, but at the same time, risks losing them to competition. Likewise, employees can perform well and move up the rung in the same organization or can leave and join an organization that offers greater scope for growth and […]
Group health cover post retirement
For employees, group health insurance offers many benefits. It is often also an incentive to stay with an employer. But what happens when you retire from your job? Does your corporate mediclaim policy continue to cover you? This post attempts to provide some clarity on this question. Insurance options for the retired If you are […]
How to Customize a Group Health Insurance Policy?
Customizing a group mediclaim policy means adding more relevant benefits to it to meet your needs and motivate your employees to stay with your company. Read more here.
Conditions for organ donation under group insurance
While awareness about organ donation has increased in India, the cost associated with organ donation often acts as a barrier for both donor and recipient (the person who receives the organ). The cost associated with organ transplantation remains high due to various factors, including medical procedures, post-transplant care, immunosuppressant drugs, and infrastructure requirements. Efforts are […]
What Is Covered Under Group Health Insurance?
Group health insurance offers many benefits to employees, or their members, covered under the policy. Complete hospitalization expenses incurred by an employee on self and dependents like spouse, family, and parents, covered under a group health insurance. A group health insurance policy is provided to incentivize employees. Every employee has the benefit of group health […]
Cover for pre-and post-hospitalization expenses
Cover for pre-and post-hospitalization expenses Before a hospitalization, you might have to undergo a series of tests, and post-hospitalization care might also entail some expenses. If your employer offers group health insurance, the insurer might cover some or most of these expenses. This post attempts to offer some clarity on the expenses that may or […]