What are the features of Group health insurance?

What are the features of Group health insurance? A group health insurance plan is quite popular among groups as the plan provides medical coverage at very affordable premiums. Individuals who are a part of a group get automatically covered under the master policy if the group buys insurance for them. A group health insurance plan […]

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How to File a Claim Under Group Health Insurance Policy?

The claim process under group health insurance policy can be simply understood as the following: In case of network hospitals If you are visiting a network hospital, i.e., one that your health insurer has tied up with, you will be entitled to get cashless hospitalisation. It means, you just need to show your health card […]

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What is Deductible in Insurance and How Does It Work?

The deductible is a fixed amount applied to insurance contract specifying a monetary limit only after which, the insurer starts to pay the claim. It is a fixed amount and generally applied to health and motor insurance policies. In motor policies, there are two types of deductibles at work: Compulsory Deductible Voluntary Deductible Voluntary deductible […]

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Five healthcare benefits only available in a Group Health Insurance Policy

One of the most important goals that any employer seeks to achieve is employee satisfaction. An organisation may provide various facilities to make its employees feel comfortable. These include suitable parking space in the office area, good-quality stationery and free beverages or decent food options in the office canteen. Some organisations also organise free medical […]

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How to buy a Group Health Policy?

A Group Health policy is a health insurance cover that provides protection to a group of people who can be the members of a society, the employees of a common employer, or the professionals in a common group. Employers usually take a group health policy for their employees to cover their medical risks and expenses. […]

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Can I buy Group Medical Insurance policy for a start-up?

While most group health plans need a minimum of 20 members, many early startups usually have only 8-10 employees. If you are an owner of a startup then you might be contemplating the possibility of getting a group medical insurance policy. However, startups can always opt for a group plan which covers both the employees’ […]

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How does a Group Health Insurance benefit an organisation?

Benefits of Group Health Insurance for the organisation can be summarized as follows: Motivated Employees: Employees feel obliged which inculcates the belongingness and loyalty factor amongst them. The employees are relaxed and feel less stressed as far as their spouse, children, and dependent parents’ medical needs are concerned. This gives rise to a tension-free, happy […]

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What benefits are available under Employee Group Health Insurance?

Employee group health insurance is the medical insurance plan that provides health care coverage to the employees of a company. In some cases, this policy also covers families of the employee. It is one of the major perks or benefits that is offered by the companies to hire talented staff. Group health insurance plans are […]

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What is Group Health Insurance Plan?

Group health insurance is a type of medical insurance package that covers group of people, or employees working in an organisation, or of a society or of a registered residential apartment. The plan covers medical benefits for the employees (insured), their spouse, their children and the dependent parents (if mentioned). The consolidated premium is calculated […]

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