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By Pazcare
February 29, 2024
Group Health Insurance For Medical Practice Industry Employees
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₹ 100,000
₹ 5,000 per life
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Industry Wise Group Health Insurance Policy For Employees
Medical practice industry - overview
The medical practice industry is composed of medical practitioners or a group of medical practitioners who diagnose and treat patients’ illnesses and provide adequate healthcare to them. There may or may not be specialized doctors to treat one type of illness or injury, and others who offer a general check-up and diagnosis and then prescribe the required medicines.
A general physician might open his or her own clinic but there are still high chances that he might require help to run the business aspect of medical practice.
A hospital or an institution might provide a better employment option for physicians to practice their expertise. But still, there are about 1.25 Lac companies/ businesses/ organizations that exercise medical practice in India. About 4.8K white-collar workers are employed in companies having 0 - 100 employees. While around 2.9K workers are employed in 100 - 1000 employee companies. There is no large-scale company catering to the medical practice industry as yet.
Why buy group health insurance for the medical practice industry?
- Employee retention
Since a medical practice company is quite competitive itself and has small teams, it is better to offer incentives and health benefits to retain the existing employees.
- Job satisfaction
Employees will have satisfaction in their jobs as the emergency medical finances will be covered for them through their jobs.
- Tailor-made benefits
The group health insurance policies can be tailor-made for the employees. You can choose additional benefits on your base policy as well.
- Improve productivity
The employees will be motivated to work hard as financial and mental stress will take a backseat.
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Things to know before buying group health insurance for the medical practice industry
- Claim settlement ratio
The claim settlement ratio should be looked into before buying a group health insurance plan. Always choose an insurer with a high CSR.
- Network hospital list
With remote culture being the new work culture, always choose an insurer with a longer network hospital list to make sure your employees are covered from anywhere in the country.
- Exclusions and inclusions in your policy
Always make a note of what are the exclusions and inclusions of the group insurance policy for employees to keep away from unnecessary hassle at the time of claims.
- Easy endorsements
The addition of employees should always be seamless. Choose an insurer who makes it a smooth process.
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For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.
Pazcare
91 80378 34753
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Group health insurance for medical practice industry employees FAQs
How many employees do you need for group health insurance?
You can buy group health insurance for as low as 2 member teams. ‘Paz for startups’ aims to provide group health benefits for teams as small as 2 employees only.
How are group health insurance premiums calculated?
Group health premiums are calculated on various things like the age of employees, type of policy, add-on benefits, etc.
How to buy health insurance for employees?
You can buy group health insurance from Pazcare by clicking on the ‘get started’ button on the Pazcare homepage. A form will appear and after you fill and submit the same, our health consultant will contact you within 24 hours.
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