What Kind of Treatments Are Not Covered By Group Health Insurance Plans?

Every group health insurance plan may specify different illnesses for coverage and the kind of expenses covered for those illnesses. Accordingly, everything else not covered is also defined variably by different plans. But there are certain provisions which make medical procedures commonly excluded from the coverage. Such exclusions can be classified into the following categories: […]

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What Happens if a Group Health Policy is Cancelled?

The cancellation process of group health insurance policy falls under the following heads: 1. Cancellation by policyholder/insured: If a policyholder thinks of cancelling the group health insurance policy, a 30-days prior written notice is required to be given to the insurance company. After receiving the notice, the insurer will cancel the policy for the remaining […]

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Are Group Health Policies Tax Deductible?

Only employer can claim the tax deduction on premium paid for the group health insurance policy for employees in India. An employee is not entitled to IT exemption under the group health insurance coverage provided by an employer. An employee is only entitled to medical facilities and benefits, But he cannot claim tax exemption under […]

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