|Group Health Insurance is an insurance scheme provided by the
insurance companies for a group of persons, such as the
employees of an organization at a reduced individual rate. Most
of the companies provide group health insurance schemes for
their employees, which helps the employees to receive health
treatments without any cost they need to pay. Group health
insurance ensures the employees of an organization to receive
medical treatment quickly so that they can avoid waiting long
time in queues and other sufferings.
Group health insurance offers lots of advantages to both the
employer and the employees. As far as an employer is concerned,
the group health insurance scheme will provide enough medical
treatment quickly for the staff of his company and thereby
ensures speedy recovery from diseases and keeping disruption
owing to illness in the office to some extend. The employee can
also provide more focus on his/her job as there is no need to
worry thinking about the time they want to wait for the
treatment on the NHS, or suffering undue pain, or for a
Group health insurance plan offers several valuable benefits for
an employee. The main advantage of becoming a member of the
group health insurance scheme is that the insured doesn't have
to pay large premiums for taking a private health insurance
plan. The employee can work without being worried of their
health as he/she will surely get quality medical help
immediately if needed.
There are several health insurance companies offering group
health insurance schemes. Most of the health insurance
companies, as part of their Group Health Insurance Plan, provide
the insured (the employees of the company) to take a 'health
check' once in every year at any private hospital with which the
company has tie-up. The health checks will cover a complete
check up, which include height, levels of fitness, weight, blood
tests, blood pressure. The health checks are done so as to check
whether the insured employee is in a good health or to find out
a so far undiagnosed condition. What ever be the purpose, the
health check is considered to be beneficial for the employee and
For those individuals who are not a member of the group health
insurance scheme has to pay about $150 upwards to perform a
complete health check. Hence this is considered as an added
advantage for those who are in the group health insurance
scheme. Group health insurance also helps to boost the morale of
the staffs as they will know that their employer is providing
special care about his employees.
Group health insurance schemes will differ from one insurance
provider to another. The insurance coverage will also change
according to the schemes you select. But there are certain
factors which all the group health insurance schemes will cover
- In-patient and day-patient treatment - Out patient treatments
such as physiotherapy - Free Help lines such as a GP Helpline
and Stress Counseling Helpline. - Specialist consultations after
getting a referral from the employee's GP
Group health insurance policy differs from one insurance company
to another. It is always advisable to compare different
insurance companies before selecting a group insurance policy.
Select the one which suits your company.
About the author:
Jakob Jelling is the founder of Cashbazar.com. Please visit
http://www.cashbazar.com/insurance.shtml and learn all you need
to know about insurances.
Health Insurance Facts and figures
Millions of Americans in 1999 without health insurance: 43
Percentage of Americans in 1999 without health insurance: 16
Biggest group of uninsured workers: Childless single workers
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