In today's competitive job market, group health insurance isn't just a perk—it's an expectation. Here's why your company needs it and how to implement it.
Benefits of Group Health Insurance
For Employers - Tax Benefits: 100% premium is business expense - Employee Retention: Key differentiator in hiring - Productivity: Healthy employees = productive workforce - Lower Premiums: Group rates are 30-40% cheaper than retail
For Employees - No Medical Tests: Everyone gets covered - Pre-existing Covered: From Day 1 - Family Coverage: Spouse, children, parents - Cashless Treatment: At the insurer's network hospitals
Minimum Requirements
- Minimum Lives: 7-10 employees (varies by insurer)
- Sum Insured: ₹3-10 lakhs per employee recommended
- Premium: ₹3,000-8,000 per employee per year
What to Look For
- Wide Hospital Network: More cashless options
- Maternity Cover: Important for young workforce
- Day Care Procedures: Cover minor procedures
- OPD Benefits: Outpatient coverage adds value
- Wellness Programs: Preventive health check-ups
Assan One Corporate Solutions
Our team specializes in corporate insurance. We'll analyze your workforce demographics, get quotes across our insurer partners, handle all documentation, provide a dedicated account manager, and assist with claims throughout.
WhatsApp us with your employee count for a customized proposal.
Need personalized advice?
Our team is ready to help you make the right insurance decision.