GIPSA, PPN and Empanelment in Health Insurance - Explained
GIPSA, PPN in GIPSA, Points to remember before opting GIPSA services, hospitals, empanelment
February 20, 2023
Total estimated yearly premium
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₹ 5,000 per life
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The computer software industry can be segregated into - application software, software-as-a-service, and operating software among others. It deals with the distribution, maintenance, and development of a software product. India has over 2.16 Lac companies dealing with the computer software industry.
Organizations depend on the many software available in the market to do day-to-day tasks. Businesses rely on computer software to store their data. It has digitally changed the workings of businesses. The pandemic aided it as companies and organizations came to terms with the need to go digital.
The computer software industry also offers employment opportunities to people skilled in the development and distribution of software. Roughly 6.5 Lac people are employed in software companies having 0 - 100 employees. Around 3.1 Lac people are employed in companies having 100 - 1000 employees and 1.45 Lac are employed in companies having 1000+ workforce.
Group health insurance has ceased to be a benefit but is now a necessity. Companies should deploy group health insurance policies for their employees to provide ample amount of financial assistance in adverse times.
Your group health insurance policy can be tailor-made to suit your employees.
An employer is exempted from tax on the premium paid for group health insurance to their employees.
The employee retention rate will improve by including health benefits on top of regular wages.
Offering more than just a salary, will generate goodwill and create a positive work environment.
There are some things an employer should keep in mind while buying group health benefits for your employees.
Having a long list of hospital networks will prove beneficial for your remote team.
Ensure that the insurance company provides multiple additional benefits to include with your base policy.
The claim settlement ratio is simply the number of claims settled to the number of claims received. It shows the credibility of your insurer.
Choose an insurer that makes adding and managing new employees easier.
For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.
There is no waiting period on group health insurance. It starts from day 1 of your policy.
Yes, group health insurance, also known as corporate health insurance is provided to the employees by their employers.
Till the sum insured gets exhausted, you can claim group health insurance anytime during a financial year.
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