Group Health Insurance is an excellent tool for organizations and employers keen on providing health benefits to their employees. It is a win-win situation for all, i.e., it ensures the well-being of employees, boosts their productivity and reduces absenteeism. This ensures quality work for employers and organizations while the insurers get an opportunity to provide health benefits to the employees of an organization. However, where most insurers focus on serving numerous employees, what about group health insurance for small teams, SMEs, and start-ups? This also includes new-age startups, particularly tech-based with lesser employees. They all have to bear increased costs for similar services. So, what’s the solution?
The solution lies in Plum Lite that offers Group Health Insurance for small teams, SMEs, and start-ups by Plum Insurance. Its affordable group medical insurance is structured to provide health covers to teams as small as two people. Let’s take a more profound understanding.
- Coverage
The primary goal is to provide affordable group medical insurance so that no organization is left behind because of its size. Therefore, Plum Lite can provide health cover to teams consisting of as low as two members.
- Affordability
To make group health insurance for small company, SMEs, and startups affordable, there are monthly subscription-based employee health benefit plans that start for as low as Rs. 85 per month per employee. The teams can enjoy dental, doctor consults, and discounted medicines apart from the health insurance plan.
- Benefits other than health insurance
While insurance coverage is an essential part, a good health insurance policy provides comprehensive health benefits to the employees, from physically to mentally. Plum Lite group health insurance policy offers a gamut of health benefits to maintain your employee’s well being that includes:
- Unlimited Doctor Consultations
While most policies only cover In-Patient Department expenses, they neglect employees who must undertake hospital visits once every few months. Employees themselves bear these expenses. However, Plum Lite provides unlimited doctor consultations with a network of 2500+ doctors from top hospitals. Apart from in-person consultations, it also includes video consultations for employees to ensure prompt diagnosis and recovery.
- Personal Therapists and mental wellness tools
Covid-19 made people realize that mental health is a real issue that has been neglected until now. Due to lack of awareness, people talked less about that, and those suffering were left alone. Therefore, coverage of mental wellness tools in group medical insurance can help employees stay motivated throughout their work lives. With access to experienced therapists and 100+ evidence-based exercises using techniques like CBT and mindfulness is what employees might need. Apart from that, an empathetic and anonymous AI coach is accessible round the clock to never let your employees feel alone when they require a coach to guide them.
- Routine Health Checkups
“Prevention is better than cure” is what all of us have heard, but seldom do the insurers apply them to their policies. Routine health checkups ensure detection of early warning signs of any disease and prevent them from further getting complicated. A comprehensive blood workup is a need that includes tests for blood counts, kidney function tests, liver function tests, lipid profile, thyroid profile, Blood sugar profile, vitamin deficiency, and routine examination of urine. Blood samples can be collected from your doorstep itself.
- Pre-existing disease coverage
Apart from being an affordable group medical insurance, the pre-existing health conditions of employees are covered from Day-1, otherwise for which, regular policies lay down a waiting period.
- Other Benefits
Other benefits that group medical insurance offers are cashless claims, various add-on options to increase the policy coverage like maternity coverage, accidental coverage, pre-existing disease cover, etc. Broad coverage for pre and post-hospitalization expenses is available, and many of the hidden costs levied by the hospitals during hospitalization are taken care of. The coverage is not limited to your employees; it also protects their family members, including their parents, spouse, and children.
Bottom Line
Group Medical Coverage is a vital element of corporate health care. However, to make Group Health Insurance For Small Teams, SMEs, and Start-Ups more affordable andeffective, it is necessary to structure a well-defined and exhaustive plan to suit their needs. Plum Lite has successfully provided affordable group medical insurance to a broad section of organizations with small teams, SMEs, and start-ups to develop the corporate healthcare culture in such organizations.
