Group health insurance policy offers coverage to a wide range of policies. The range is for all the group members and dependent family members. Generally, organizations, banks, and business groups provide this type of insurance to their employees, and the organization bears the cost of the premium. The important point is that group health insurance policy offers insufficient coverage. The range is valid as long as the employee is part of the organization. Thus, for this reason, the group health insurance policy is not considered an alternative to other plans. Because the employees keep on switching between the private sectors, but indeed it has various benefits also. The insurance is for all the group members; hence it is beneficial for the group members who cannot afford to pay the cost of the premium.
As a welfare measure, the employer can pay the premium to the employee. So, one has to be an employee in an organization; in this policy, pre-medical screening isn't necessary. The claiming process is easy, and the claim is hassle-free, considering the employer's legacy.
