Group Insurance is a type of insurance plan that covers for a group of people who work under the same organization. As an employer, it is important to make your workforce feel important, appreciated & safe, One way to do this is to get a group insurance policy. This is often offered as a valuable benefit for employees along with their family members as the premium for the same is borne by the employer. Group insurance plans are designed to be more cost-effective for businesses. Employee premiums are typically less expensive than those for an individual health plan. Group health insurance proves to be beneficial for both, employers as well as employees. With group health insurance, employers gain better benefits at a low cost, tax benefits, employee retention, and motivated employees.
A detailed comparative overview of the client against their peer group
We maintain an extensive library of benefits data off different companies in various industries
MIS is provided every month and contains complete analysis of claims dot the particular month under various parameter(age wise, amount wise, relation wise etc)
Claim utilization review is done quarterly backed by the help desk report maintained by the implants on a daily basis. This is a detailed analysis of the claims v/s premium.
Corporate that insure the health plans for employees are experiencing cost increases in the double digits. This is of huge significant to any business, and represents a large portion of its operating costs overall.
To learn how our Group Insurance team’s expertise can benefit you, or for further information please contact us: