Group Medical & Health Insurance
- A health policy covering a group, typically company employees.
- Offered as part of employee benefits, it helps protect workers’ health and enhances job satisfaction.
What It Covers:
- Inpatient (Hospitalisation & Surgical) Coverage
- Medical expenses incurred when the insured person is admitted to a hospital for treatment
Covers:
- Room & board
- Surgery and operating theatre costs
- ICU charges
- Specialist consultations
- Pre- and post-hospitalisation expenses (based on plan)
Outpatient Benefits
- For treatments that do not require a hospital stay
Common outpatient cover includes:
- General Practitioner (GP) Visits – basic treatment & medication
- Specialist Consultations – with referral from GP (if needed)
Other Possible Add-Ons
- Maternity Benefits – covers pregnancy, delivery & postnatal care (based on plan & group size)
- Dental & Optical – covers eye and dental checkups (optional rider)
Who Is Covered?
- Typically covers all full-time employees, with some plans extending to spouses and children.
- Coverage begins immediately or after a short waiting period, depending on the policy.
Benefits for Employers:
- Boosts loyalty & retention by demonstrating care for employees' well-being.
- Encourages a healthier, more productive workforce by ensuring access to medical care.
- Attracts top talent with a competitive benefits package that enhances job appeal.
Key Things to Know:
- Coverage limits & hospital panels vary by provider
- Premiums usually paid fully or partially by employer
- Plans can be customized to suit company size and budget
