Former insures only the marins perlis
Group insurance is a type of insurance plan that provides coverage to a group of people under the same plan. A group insurance policy provides the same coverage to all the members irrespective of their gender, age, economic status or occupation.
What Are The Features Of Group Health Insurance?
Features of a Group Health insurance Plan
Among its advantages, group decision making:
1. What is Group Health Insurance?
A group health insurance plan is a health insurance plan that provides coverage to members of a group that tends to be employees of a company or members of an organization. Members of the group usually receive insurance at a reduced cost because the insurer’s risk is spread across a group of policyholders. Generally, this policy is given by employers to employees. The advantage of a Group Health Insurance policy is that it can be customised to each specific group depending on what extent (Sum Insured) and how comprehensive they want the coverage to be. Some organisations look to not only cover their employees, but their dependant family as well.
2. What are the specific coverages available under the Group Health Plan apart from the standard covers?
3. What is room rent capping in Group Insurance (Group Mediclaim)?
Hospital costs are dependent upon the type of room selected by the insured and also based on availability at the time of admission…hence doctor consultation in single A.C. room would be higher when compared to the shared room in the hospital. All related costs thereafter are payable as per the eligible room rent. Typical eligibility is 1-2%% of sum assured as room rent cap and this can be increased.