Things to remember when choosing group health insurance The importance of medical insurance has only increased post Covid-19. For employers, this means selecting the right group health insurance for their employees. The best group mediclaim policy would be one that offers the maximum benefits at a reasonable cost. If you are an employer looking […]
Articles Tagged: Group Health Insurance Policy
Can startups buy group medical insurance?
Can startups buy group medical insurance? Most group health insurance plans need a minimum of 20 members, but many early startups usually have only 8-10 employees. If you own a startup, you can always pick a group health insurance policy that covers both employees and their immediate family members. In doing so, you can reach […]
How many employees a company should have to buy a Group Health Insurance Policy?
Country’s insurance regulator, IRDA in an exposure draft issued on January 19, 2016, specified that the minimum number of persons in the group should be 20 for the purpose of a group health insurance policy. However, micro insurance policies can be issued to a group with as small as 5 members. The criteria given in […]
You may include in-laws in family floater plans but not domestic helps
Publiahed in Mint on 28th May, 2017. Written by Abhishek Bondia Can I buy a family floater medical insurance policy for my wife, children, parents as well as my in-laws? I live in Ghaziabad and as my wife is an only child, I share the responsibility of her parents as well. Also, for the purposes […]
Co-pay in group health insurance
Co-pay in group health insurance For many young establishments, the costs associated with group health insurance might be daunting. So, if you want to provide your employees the security of medical insurance without a considerable cost burden, you might want to consider co-pay. This post attempts to help you better understand co-pay in group mediclaim […]