It's a great way to safeguard all employees and their dependents from any future financial exigencies as a result of hospitalization due to any chronic or acute ailment.
A sound/prudent tailor-made group health cover acts as a shield and help the marginal section from sudden financial burden resulting from hospitalization. A well design group health cover will ensure judicious use and long-term sustainability of the program.
- Advantages:
- 1. Provision to customized/tailor-made as per employer requirement.
- 2. Pre-existing conditions are covered immediately.
- 3. Maternity coverage from day one.
- 4. No health check-up required or self-declaration.
- 5. Broader cover at low cost possible.
- 6. Acts like a retention tool in the current employee-centric corporate scenario.