What is Group Employee Health Insurance?
Group employee health insurance is a health policy offered by employers to cover their employees' medical expenses. It includes hospitalization, surgeries, pre- and post-hospital care, and sometimes even wellness benefits—all under one group policy. It’s cost-effective, tax-saving, and boosts employee morale.
Who is Group Employee Health Insurance For?
-
Startups, SMEs & Enterprises hiring full-time or contractual employees
-
Corporates looking to boost retention and attract top talent
-
Institutions wanting affordable group coverage for their workforce
-
NBFCs, Fintechs, and Service Businesses ensuring employee well-being
Why Do You Need Group Employee Health Insurance?
-
Protect employees from unexpected medical expenses
-
Increase loyalty, morale, and productivity
-
Save on taxes with Section 80D benefits
-
Reduce attrition by showing care and value
-
Comply with industry norms and investor expectations
What Does It Cover?
Typical group health insurance plans include:
-
Hospitalization expenses (pre and post)
-
Day care treatments, surgeries, ICU, room rent
-
Maternity cover, newborn benefits (optional)
-
Pre-existing diseases after waiting period or from Day 1 (customizable)
-
COVID-19 coverage, mental health, wellness add-ons
What Doesn’t It Cover?
While comprehensive, exclusions usually include:
-
Cosmetic or elective surgeries
-
Pre-existing diseases (if not covered from Day 1)
-
Unapproved treatments or experimental procedures
-
Hospitalization without doctor’s advice
-
Self-inflicted injuries, drug or alcohol-related claims
(Policy terms may vary by insurer.)
