Group Health Insurance

What is Group Health Insurance?

Group Health Insurance is an insurance policy provided to a group of employees or members working for a company or an organisation. Hence, it is also known as Employee Health Insurance. Here, the employer usually pays the entire premium to offer health insurance as an employee benefit. 

With this policy, employees can receive financial security during medical uncertainties, and employers can receive tax benefits on the paid premium. A Group Health Insurance Plan can also provide coverage for an employee’s family members (parents, spouse, dependent children).  

After the initial COVID-19 lockdown, the Indian Ministry of Home Affairs mandated all industrial and commercial establishments, workplaces and offices to offer Group Medical Insurance coverage to their employees (as per the order issued by IRDAI).

 we offer an all-in-one Employee Health Insurance Policy to cover your employees from a wide range of diseases, illnesses and medical emergencies. 

 

Why buy Group Health Insurance?

What’s the problem?

It’s no secret that building a team of talented employees takes a huge effort. But retaining them is way more difficult and a never-ending activity. Still, when you see an employee leaving, you question what you could have done differently. 

An employee usually looks for work-life balance, adequate pay and health benefits from an organisation. They leave when they don’t feel valued and cared for in an organisation.

Here’s a solution

To build an ideal workplace today, you should focus on human-centric policies. Create a work culture that speaks about care, innovation, and inclusivity. This is how you can cultivate a sense of belonging among employees. 

You can turn this vision into reality for your company by taking the necessary steps. The first step in that direction is buying Group Health Insurance. It will make your employees feel protected against unforeseen situations. The by-product of this would be a sense of content, which will enhance employee retention.

 

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