Group Mediclaim Insurance
A Group Medical Insurance policy is purchased by an employer in corporate level for employees who are eligible in a company. This is an employee benefit package that provides employers; a group medical insurance plan that may also provide cover to their family members.
Key Features: These policies may cover boarding expenses apart from surgeon, anesthetist and consultant fees; charges for anesthesia, even oxygen and diagnostic materials in addition to X-rays and dialysis cost among others as well.
What is covered:
- Offer cashless facility and direct settlement of bills with the hospital.
- Offer to cover previous and post-hospitalization charges for a specific period.
- Extend cover for pre-existing diseases after payment of extra premium.
- Some policies may offer maternity benefits.
- Less than 24 hours hospitalization for certain procedures such as chemotherapy, eye surgery and tonsillectomy among others.
- Some of the optional benefits include waiver of waiting period, first year exclusions besides reimbursement of ambulance charges among others.
