Having a comprehensive health insurance plan is important. It is the only way to know that you and your family will be taken care of in case of any medical emergency or unforeseen health problems. Here's why this is so important and what you can do to get a good health insurance plan.
A goal differs from employee to employee. For some it’s escaping from living paycheck-to-paycheck, some want to have a sound investment strategy that pays off, while others want to have months of living expenses in their savings account. Ultimately, the goal is attaining a healthy relationship with money.
But, what’s not always perceptible is the link between mental, physical, and financial wellness. Financial stress negatively affects your employees’ physical, and mental wellbeing. This can have an unpleasant effect on productivity and morale.
There’s no reason to get discouraged because health coverage is the answer. An adequate group health insurance policy will positively influence your employees’ overall health and wellbeing. Plus, you’ll have peace of mind knowing your employees are well taken care of under your wing.
When you give your employees benefits they value, they will miss fewer workdays, be more satisfied, less likely to quit, and have a higher commitment to meet the goals of the organization.
GHI health insurance offers comprehensive healthcare coverage to individuals who are part of the same group, typically, employer to its employees. Based on the organization’s needs, the HRs and insurance companies work together to customize a group health policy that offers coverage against a host of medical expenses along with a plethora of benefits.
As you can see, health insurance takes care of any financial burden that arises because of the costs of medical treatments. And stress-free employees make a more productive workforce and healthier organization.
Your organization’s health insurance needs are unique. And bundles can help ensure your health insurance solution builds the right coverage for your workforce. Bundled plans comprise multiple types of GHI insurance coverage that you can purchase together, typically with one integrated premium. They’re pre-built in safety nets that address health insurance needs, fill gaps in coverage, and provide protection against disabilities, accidents, and healthcare expenses.
You can increase the coverage for your group health insurance plan by simply adding on a bundled plan. One of the frequent choices is Group Personal Accident (GPA health insurance) and Group Terms Life Insurance (GTL health insurance).
Group Personal Accident policy, also known as a 24-hour worldwide accident policy, owing to its extensive coverage. It’s a part of group health insurance. At a nominal premium, it offers protection against unexpected events such as disability, accidental death, injuries, etc. The protection covers hospitalization expenses, whether the incident occurs on or off duty.
In the event of death of the insured, the group term life insurance policy offers financial independence to the family. The primary intent of this type of policy is the monetary guarantee to the beneficiary.
In the pre-pandemic world, group health insurance was a sought-after benefit for employees. When the pandemic hit, this thought process significantly changed. Employees look at health insurance now as more than a benefit.
They’re more conscious about their needs, picking the right plan, deciding the cover, and even looking for comprehensive health insurance plan. Why comprehensive coverage, you ask?
1. Treatment for critical illnesses.
2. Surgery to treat any medical complication.
3. Hospitalization due to any disease, sickness, or injury.
4. Physician visits, etc.
A group health insurance policy is a way of caring for your employees and their families in a wholesome way. And there’s no better investment you can make as an organization.
Ensuring 100% safety against illnesses or injuries isn’t possible but you can remain prepared. With Loop, our customers come first, and health is front and center. For us, it’s not just about the process or product but complete integration. Your business is unique so you’ll never get a one-size-fits-all solution.
We’ll work together and understand your goals and customize the perfect GHI health insurance plans to meet your needs. Plus you can build on a plan by bundling and adding coverage.
Why wait? Apply today for a healthier, happier workforce and robust bottom line.
Interested in learning more about Group Health Insurance? Click here