Latest information about health insurance for employees
One of the important points while purchasing a Group Health Insurance Policy is to select a Third-Party Administrator (TPA). It’s essential to choose a Third-Party Administrator (TPA) who can provide efficient and reliable services. Paramount TPA is one of the leading IRDAI approved TPAs in India and this blog will provide a detailed overview on […]
A Group Health Insurance Policy provides reimbursement for the hospitalisation expenses incurred by the employees during the Policy Period. Group Health Insurance Policies are a popular choice for many companies as they provide coverage for a group of people at affordable premiums. The SBI General Group Health Insurance Policy is one such comprehensive Health Insurance […]
A simple claims settlement process is one of the important features of Group Health Insurance Policy and it is important for employers to understand the Claims Process under a Group Health Insurance Policy. A Group Health Insurance Claim is a request submitted by the Insured Employee under the Group Health Insurance Policy to claim reimbursement […]
A TPA in Group Health Insurance Policy is an independent entity licensed by Insurance Regulatory and Development Authority of India (IRDAI) to process Group Health Insurance Claims. The full form of TPA is Third Party Administrator. Group Health Insurance Providers can outsource claims processing to External TPAs or process claims by having an In-house TPA […]
An important feature of Group Health Insurance Policy is coverage for Congenital Diseases. This article will explain the coverage for Congenital Diseases in a Group Health Insurance Policy for employees. What are Congenital Diseases? Diseases that exist since the time of birth are called Congenital diseases. A Congenital Disorder or a Congenital Disease is a […]
Employees are an organization’s most valuable resource. Therefore, paying attention to employee’s health and welfare is critical. Many organizations have comprehensive employee benefits programs such as providing employees with complete group health insurance coverage. This helps boost employee productivity and retention as well. This infographic will provide information about the claims process for a group […]
One of the most important features of a Group Health Insurance Policy is Waiting Periods. Ignoring Waiting Periods can be the difference between your Group Health Insurance Claim getting rejected or accepted. This article explains in detail and clears the misconceptions about Waiting Period in Group Health Insurance Policy. What is Waiting Period in Group […]
One of the biggest advantages of a Group Health Insurance Policy is that it can offer Pre-Existing Disease Coverage without any Waiting Period. This article will explain in detail one of the most important features of a Group Health Insurance Policy: Pre-Existing Diseases Coverage. What is a Pre-Existing Condition in a Group Health Insurance Policy? […]
A Group Mediclaim Policy for Employees is an important health insurance benefit provided by employers to their employees. A Group Mediclaim policy covers employees for all hospitalization expenses incurred by them during the Policy Period. Additionally, Group Mediclaim Insurance Policies are cheaper as compared to Individual Health Insurance Policies.
An important feature in a Group Health Insurance Policy is the GIPSA PPN Network. The full form of GIPSA is General Insurance Public Sector Association. What is GIPSA? As the name suggests, GIPSA is an association of four Public Sector Group Health Insurance Companies. The following four Group Health Insurance Companies in India are a […]