How can deductible and co-pay help in lowering the prices for GHI?

Group health insurance pricing is a function of claims record, number of lives covered with respective demography, and benefit structure of the policy. An increase or decrease in the benefit structure translates into a proportionate increase or decrease in projected claim costs and hence policy premiums. In this article, we’ll get to know how can […]

Read More

What is deductible in Insurance and how does it work?

It is likely that when browsing for insurance, you have stumbled upon the term ‘deductible’. What is a deductible and what are its implications if applied to your insurance policy? If these are questions you would like answered, this post is for you. What is a deductible? Deductible refers to a fixed amount applied to […]

Read More