Group Health Insurance Glossary for HRs: 20 Essential Terms to Know

Confused by group health insurance terms? This glossary for HRs covers 20 key terms to help you make better decisions on employee benefits.

FAQS on Group health insurance glossary

Have questions? We are here to help

What is group insurance?

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It's a type of insurance policy that covers a group of individuals, typically employees of an organisation.

What is group health insurance?

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Group health insurance is a type of health insurance plan that covers a group of people, typically employees of a company, under a single policy. It covers medical expenses, including hospitalization, surgery, and preventive care​​.

Is group health insurance tax-exempt?

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Yes. Premiums paid by employers are treated as business expenses.

Can group insurance be customized?

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Absolutely. You can choose sum insured limits, add-on, copay clauses, etc.

How is Pazcare different from traditional group insurance?

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Pazcare combines insurance, wellness,tax benefits, and support in one unified platform with a digital-first UX.

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