{"id":974,"date":"2021-07-20T13:41:10","date_gmt":"2021-07-20T08:11:10","guid":{"rendered":"https:\/\/www.plancover.com\/insurance\/?p=974"},"modified":"2021-07-28T13:47:49","modified_gmt":"2021-07-28T08:17:49","slug":"3-features-your-employees-want-in-group-health-insurance-policy","status":"publish","type":"post","link":"https:\/\/www.plancover.com\/insurance\/3-features-your-employees-want-in-group-health-insurance-policy\/","title":{"rendered":"3 Features Your Employees Want in Group Health Insurance Policy"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">There are many benefits of offering your employees health benefits. We even covered this in other posts. Give them a quick read:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.plancover.com\/insurance\/can-group-health-insurance-increase-employee-retention\/\"><span style=\"font-weight: 400;\">Can Group Health Insurance Increase Employee Retention?<\/span><\/a>&nbsp;<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.plancover.com\/insurance\/3-overlooked-benefits-of-getting-group-insurance-for-employees\/\"><span style=\"font-weight: 400;\">3 Overlooked Benefits of Getting Group Insurance for Employees<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">But to optimally enjoy those benefits of <\/span><b>group health insurance<\/b><span style=\"font-weight: 400;\">, it\u2019s important that the <\/span><b>group plan<\/b><span style=\"font-weight: 400;\"> is tailored to the distinct needs and preferences of the employees \u2013 and NOT what the organization \u201cwants\u201d the employees to have.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re planning to buy a <\/span><b>group mediclaim insurance policy for employees<\/b><span style=\"font-weight: 400;\"> \u2013 or are in the process of renewing the existing one \u2013 invest in a plan that your employees want.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To make things simpler, here are three features your employees want in a <\/span><b>group insurance policy<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Coverage for direct family<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In addition to being insured themselves, many employees also want their dependent family members under the policy. They want health coverage for their spouse, dependent parents, and dependent children.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">This makes sense; who doesn\u2019t love their family and want health benefits for them!\u00a0<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Admittedly, getting coverage for dependents can increase the cost of <\/span><b>group health insurance<\/b><span style=\"font-weight: 400;\"> significantly. But given all the benefits the policy brings to the table for the organization in the long-run, in many cases, this increased cost is worth the money.\u00a0<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Bigger insurance amount<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Healthcare is expensive in India. A single visit to a hospital for a checkup or some tests can bring you a huge bill. Even a few days of hospitalization can wreck your bank balance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is why employees want a bigger insurance coverage; the amount needs to be sufficient to afford health scare comfortably.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, understand the healthcare cost in your city or state. Accordingly, decide on the coverage amount. Don\u2019t keep it small.\u00a0<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Treatment in top hospitals<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">More people want healthcare treatment at reputed private hospitals that offer superior quality treatments, have good infrastructure, and takes care of a wide range of ailments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But given these hospitals are also usually expensive, several insurance companies don\u2019t include them in their network of hospitals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As an employer, you should ensure your employees get access to such top hospitals. Be very sure to check the insurance company\u2019s network of hospitals. Does it have the names of top private hospitals?\u00a0\u00a0<\/span><\/p>\n<p><b>Ask Your Employees<\/b><\/p>\n<p><span style=\"font-weight: 400;\">These are just three features employees want in a <\/span><b>group health insurance plan<\/b><span style=\"font-weight: 400;\">. Very certainly they would have other preferences and demands as well.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, it\u2019s a good idea to ask them from the front about what kind of <\/span><b>group plan<\/b><span style=\"font-weight: 400;\"> they want, what features they prefer, and so forth.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have a large team, a quick survey can gather up all the relevant data, which will make your decision much simpler.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a very simple and effective approach.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Of course, there are only so many employees\u2019 demands you can agree with and act upon. You can\u2019t really fulfill their extravagant health insurance demands. And that\u2019s something the management at the organization will have to figure out; they need to strike a balance between their budget and employees\u2019 demand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the end, as mentioned earlier, invest in <\/span><a href=\"https:\/\/www.plancover.com\/business\/group-health-insurance\"><b>group health policy <\/b><\/a><span style=\"font-weight: 400;\">that your employees want \u2013 and not what you want them to have.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are many benefits of offering your employees health benefits. We even covered this in other posts. Give them a quick read:\u00a0 Can Group Health Insurance Increase Employee Retention?&nbsp; 3&#8230;<\/p>\n","protected":false},"author":6,"featured_media":975,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[17],"tags":[178],"_links":{"self":[{"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/posts\/974"}],"collection":[{"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/comments?post=974"}],"version-history":[{"count":2,"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/posts\/974\/revisions"}],"predecessor-version":[{"id":977,"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/posts\/974\/revisions\/977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/media\/975"}],"wp:attachment":[{"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/media?parent=974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/categories?post=974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.plancover.com\/insurance\/wp-json\/wp\/v2\/tags?post=974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}