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How To Choose The Best Corporate Health Insurance Plan?

  At a time when the chances of suffering from major ailments are constantly growing due to the changing environment and lifestyle, various companies are trying to find the best corporate health insurance cover. It has become a necessity for even the mid-scale businesses to provide their employees with medical insurance. These benefits act as employment perks and incentives.  Currently, a multitude of options are available to companies trying to find the right insurance cover for their employees. Naturally, one would seek affordability and maximum benefits at the same time. Factors to look for while searching for the right plan Looking out for certain factors can help you choose a suitable insurance plan for your employees. It is highly advisable to spend some time on finding the right plan such that you can provide your employees with adequate cover without incurring excessively high amounts of premium. The most important points which you need to ch

What Are The Main Differences Between Employee Medical Insurance and Individual Medical Insurance Cover?

 Nowadays, group medical insurance for employees has become one of the major incentives offered by companies. Often, people are confused which one among the two is better and if it is okay to have only the group insurance cover. The fact is that both of these have their own advantages and disadvantages. It is best to have the employee medical insurance as a backup plan and opt for a comprehensive individual health insurance. What is employee health insurance? A group insurance plan is usually presented to a certain group of people, such as the members of an alumni, a club, an association, etc. Various companies offer their employees with a group medical cover as employment perkstoo. The most notable features of this type of health insurance are: The premium cost per head is usually lower than individual health insurance of the same type. This is because more the number of insured people under the cover, lower would be the cost per head. The employees would benefit from the cover only