The benefits of Group Medical/Mediclaim Policy

Most corporate these days, include a medical policy in the benefits provided to their employees, as they are the key business strength and their good health will reflect on the profitability of the corporate. To ensure smooth and profitable business operations, corporates offer their employees access to timely medical care.

A Group Mediclaim policy has many enhanced benefits which are not available in other Health Insurance Policies. Since Group Mediclaim is a tailored group health insurance solution hence it can be customized to suit the actual need of a corporate client. Following is the list of benefits that a company can opt for in Group Mediclaim.

Commonly available benefits are as follows:

  • Family cover: Employees and their dependents including parent's in-law can be covered in a single health plan.
  • Cashless Hospitalization cover: Insurance Company will directly settle claim with hospital thus reducing burden on the employee to pay for it.
  • Medical Expenses borne directly by client are reimbursed by insurance company.
  • Pre-& Post Hospitalization cover up to 60 & 90 days respectively.
  • Day-care procedures cover: Treatments which don't require 24hr hospitalization can also covered.
  • Domiciliary treatment cover: In case the treatment is taken at home under doctor's prescription that can also be covered.
  • Ambulance charges: Emergency ambulance charges can be borne by insurance company.
  • Maternity Charges: Normal and C-section deliveries can also be covered in this policy.
  • Pre and Post Natal Charges: Even these expenses can be covered.
  • New born baby cover: Cover for new born is also available from day 1.
  • No capping: Company can have no maximum expenses capping on treatment of all diseases.
  • Waiting period waiver: 30 days, 1/2/4 year waiting period for treatment of certain illnesses can be waived off in Group Mediclaim.
  • Internal and External Congenital Diseases can also be covered in this.
  • Corporate Buffer: Company can opt for additional Sum Insured which can be utilized by insured in case their original Sum Insured exhausts during policy period.
  • Room rent: Company has the flexibility to select the Room Rent for ICU and room.
  • Pre-existing disease cover: All pre-existing diseases can be covered in Group Mediclaim.

So what are you waiting for? Go purchase your health insurance policy today!!!