Corporate India’s Insurance Trap - The Glaring Gap in Employee Health Benefits
Post 2020, health benefits has evolved.
Download this report to understand the shift in how HRs are restructuring their health benefits plan.
Our report shows just how much health benefits have transformed in the past few years, changes in the way employees view health insurance, how they engage with added benefits like wellness sessions, and what they actually want for overall wellbeing. Organizations that understand this stand to benefit in terms of employee engagement, productivity, retention, absenteeism, and more.
- The gaps in health insurance that employees want to fill
- Key role added benefits play in overall wellbeing
- Reasons to restructure your health benefits plan
Current Employee Health Benefits Trends
We want to help redesign your health benefits package to improve employee health and performance in 2023. So we collected data from over 500 HR leaders across India - and found some surprising insights.
70
0
%
Businesses consider only premium amount & claim settlement efficiency when choosing an insurer
0
70
%
Organizations offer GMC without any added benefits or wellness services
0
70
%
Enterprises offer preventive care solutions as part of their health benefits package
70
0
Businesses consider only premium amount & claim settlement efficiency when choosing an insurer
0
50
Organizations offer GMC without any added benefits or wellness services
0
38
Enterprises offer preventive care solutions as part of their health benefits package
In the last couple of years, the Indian workforce has seen a noticeable shift in attitudes toward healthcare. However, employees say there is a gap between employer-offered health benefits and employee expectations. This affects employee productivity, health, satisfaction, and more.
Businesses bear the impact too due to presenteeism and absenteeism and low productivity. This demonstrates the need for an employer-sponsored health benefits program. Learn the current state of employee benefits in our detailed report.
65
%
Organizations do not offer wellness services
72
%
Businesses do not offer mental health sessions
28
28
%
Use health benefits when it is only reactive care
8
%
Do not offer any add-ons like lab discounts or OPD
Benchmark yourself and see where you stand with your employee health benefits.
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