The Covid-19 pandemic changed everything, and one of them is how we look at health. With a number of people falling prey to the infection, organisations realised that a group plan covering employees is the second best thing next to monetary compensation. Says Raghuveer Malik, head, Corporate Business, Policybazaar. com. “In today’s post-Covid-19 times, offering group health insurance is a win-win game for both the startup/ organization and its employees. Under this single umbrella, the organisations can avail of several benefits like a healthy workforce which is considered the fuel of a productive workplace. Group health insurance plans offer high employee attraction and retention as it gives the feeling of belongingness and a sheer sense of being taken care of. Simultaneously, if the organizations take care of their employees, they will take care of the organization’s clients which ultimately results in increased performance.”
THINGS TO LOOK WHILE BUYING A GROUP INSURANCE FOR EMPLOYEES
>> Large sum assured
>> Minimum waiting period
>> Maternity and new born coverage
>> Coverage of employees families
>>Wider network of hospitals
>> Avoiding sub-limits and co-payment >>> Cashless claim ratio
What is group insurance
This story is from the September 2022 edition of Entrepreneur magazine.
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This story is from the September 2022 edition of Entrepreneur magazine.
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