Group Health Insurance For Pharmaceutical Industry Employees - Pazcare

Group Health Insurance For Pharmaceutical Industry Employees

premium calculator

Calculate your premium estimates

Number of Employees

*Value should be between 2 and 500

20
  • 2
  • 100
  • 200
  • 300
  • 400
  • 500

Total estimated yearly premium

*only basic terms and conditions applied

100,000

₹ 5,000 per life

Talk to our experts to get exact premium estimates

Schedule Call Now
check mark icon

Median Fixed Cover

Rs 3 Lac sum insured

check mark icon

Maternity Cover

Yes

check mark icon

OPD Cover

No

check mark icon

Doctor Consultations

Yes

check mark icon

Wellness programs

Weekly

check mark icon

Type of policy

Employee only, Employee, Spouse, Children / Employee, Spouse, Children, Parents/in-laws

check mark icon Median Fixed Cover check mark icon Maternity Cover
Rs 3 Lac sum insured Yes
check mark icon OPD Cover check mark icon Doctor Consultations
No Yes
check mark icon Wellness programs check mark icon Type of policy
Weekly Employee only, Employee, Spouse, Children / Employee, Spouse, Children, Parents/in-laws
check mark icon Median Fixed Cover
Rs 3 Lac sum insured
check mark icon Maternity Cover
Yes
check mark icon OPD Cover
No
check mark icon Doctor Consultations
Yes
check mark icon Wellness programs
Weekly
check mark icon Type of policy
Employee only, Employee, Spouse, Children / Employee, Spouse, Children, Parents/in-laws

Calculate Premium Here

This field is required *

This field is required *

This field is required *

This field is required *

close icon

Please fill your personal details

This field is required *

This field is required *

This field is required *

close icontick mark icon
Details submitted

Our insurance advisors are looking into it. You can expect a call back in the next 10 minutes.

Okay
Oops! Something went wrong while submitting the form.

Pharmaceutical industry - overview 

The pharmaceutical industry develops, researches, discovers and produces medicines or drugs to be used as medication, with the aim of providing or treating the symptoms of a patient. The industry is governed by a lot of laws and regulations as it includes a lot of drugs and chemicals. India has about 7.4K such companies that are dealing with the pharma industry.

The companies are mainly focused on biotechnology, chemicals, and biological products and compounds, to vaccinate or treat patients. They are also responsible for the distribution, retail and wholesale supplies of these medications. 

Based on employee strength, the number of employees in companies having - 

  1. 0-100 employees - 32.1K
  2. 100-1000 employees - 57.3K
  3. 1000+ employees - 142.8K

Why buy group health insurance for the pharmaceutical industry?

Here are a few reasons to buy employee group health insurance for the pharmaceutical industry.

  1. Economical and affordable

Buying a group health insurance policy is more affordable as the premium paid is reduced because the number of insurance takers increases. 

  1. Customized plans

You can easily get tailor-made insurance policies just for your team according to their requirements. 

  1. Increased productivity and efficiency

Your employees will have a financial safety net and their stress will be reduced. They will feel more at peace knowing that any medical emergency can be tackled easily. 

  1. No medical test required

Unlike common retail plans, group health insurance policies do not require prior medical testing. The policy can start from day 1 without any waiting period.

Things to know before buying group health insurance for the pharmaceutical industry

  1. Easy endorsement

It is important to choose a policy on which you can easily add/delete employees. Some companies have external TPA which makes it a bit cumbersome to check policy details and addition or deletion of employees

  1. List of network hospitals

Your employees can live in any part of the country and need medical assistance. During these times a large network hospital chain is required to make sure adequate medical attention is being given to the patient. 

  1. Claim settlement ratio

Always check the claim settlement ratio before choosing an insurer as it provides a much clearer picture of the insurance company. 

  1. Add-on benefits

Ensure that sufficient add-on benefits are there if you need to include them in your group health insurance policy. Some common covers include dental surgery, eye operation, etc. 

Industry/ Pharmaceutical group health insurance reviews

4.1 / 5

heart

Rating based on
(6596 reviews)

No items found.

4.6 / 5

heart

Rating based on
(3023 reviews)

No items found.

4.4 / 5

heart

Rating based on
(2193 reviews)

No items found.

4.8 / 5

heart

Rating based on
(913 reviews)

No items found.

4.2 / 5

heart

Rating based on
(1267 reviews)

No items found.

Why buy a group health insurance
policy online from Pazcare?

  • Choose the suitable policy with our consulting approach
  • Custom-made plan with health and mental wellness add-ons
  • The tech-enabled Pazcare dashboard to manage endorsements
  • Integrate the dashboard with your HRMS tool
Pazcare DashboardPazcare app
circular backgroundcircular background

Industry/Pharmaceutical group health insurance customer care number

For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.

Industry/Pharmaceutical group health insurance

Call icon

Group health insurance for pharmaceutical industry employees FAQs

How many types of policies are available in group health insurance?

There are 3 types of policies - 

  1. Employee only
  2. Employee, spouse, children
  3. Employee, spouse, children, parents/in-laws

What is the super top-up feature?

Through the Super top-up feature, you can increase the sum insured by up to 20 Lacs on your base policy.

. Can a newborn be included in the group health insurance policy?

Yes, maternity and newborn benefits are there in group health insurance plans.