Employee Health Insurance

Covering Hospitalisation due to Accident, Illness & COVID-19.

What is Group Health Insurance?

Why protect your employees’ health with a Group Health Insurance policy?

  • Boost Employee Retention - People value jobs that give them a sense of security. A group health insurance will not only give your employees and their families enough financial security, but an overall sense of satisfaction that their employer actually cares about them.
  • Financially secure them during the COVID-19 Pandemic - Amid the pandemic, financial security has become of utmost importance given the downfall in the economy and increasing pay cuts across sectors. Protecting your employees from treatment expenses that could arise out of this virus is the least you can do to ensure they’re both financially and medically secure.
  • Strengthen Employee Motivation - Happy employees make happy workspaces and evidently successful companies! It’s no surprise that the safer and satisfied employees feel, the happier and more motivated they’re likely to be! 
  • Protect them from Severe Health Conditions - More than 61% of illness hospitalization and death in India are due to lifestyle-related diseases. Safeguard your employees from the same, amongst other diseases; the earlier these issues are diagnosed, the earlier they can be treated and resolved. 
  • Enhance their Mental Wellbeing - Many employees are often affected by stress due to either financial pressure or other personal issues which can lead to lower productively levels at work too. Our group health insurance plan will not only safeguard their savings but, also enhance their overall mental wellbeing with the right support. 

What’s great about Group Health Insurance by Digit?

Easy Online Processes

Easy Online Processes

No one likes to waste their time on lengthy paperwork, and we understand that. Right from the process of buying a group health insurance plan to making claims is paperless, easy, quick and hassle free! After all, we are part of the digital revolution.

COVID-19 is covered!

COVID-19 is covered!

Given the rise in cases every day and India already being the third worst-hit country, covering for your employees from COVID-19 is the least you can do for their financial and physical health and wellbeing. You can either choose to go for a group health insurance covering the COVID-19 only or go for a full-fledged corporate health insurance plan covering all diseases and illnesses.

Cashless Claims

Cashless Claims

Gives your employees the option to opt for cashless claims through a wide network of our hospitals spread across India. So, no matter where they are in India, they’ll always be covered at ease!

Low Cost Premium

Low Cost Premium

Being a digital health insurance provider, our health insurance premiums come with low-cost premiums, so you can cover all your employees conveniently.

Post Hospitalization Lumpsum Benefit

Post Hospitalization Lumpsum Benefit

We take the idea of simple and quick claims seriously. A post-hospitalization lumpsum gives people the benefit to take care of their post-hospitalization expenses without having to collect bills, receipts, etc.

One Point of Contact

One Point of Contact

No need to coordinate with multiple points of contact and third parties. With Digit’s Group Health Insurance, you only need to stay in touch with us and no one else.

Group Health Insurance for All Company Sizes

Group Health Insurance for All Company Sizes

Everyone deserves to be protected. It doesn’t matter whether you’re a 10-member team or a 25+ member startup, our group health insurance covers companies of all shapes and sizes.

Refill Sum Insured

Refill Sum Insured

One of our star benefits, your employees can choose to refill their sum insured in case its exhausted, unlimited times for any illnesses.

5900+ Cashless Hospitals

5900+ Cashless Hospitals

With more than 5900+ cashless hospitals across India, your employees can be covered at ease no matter where they are in India!

What is Covered in Group Health Insurance by Digit?

Accidental Hospitalization

Accidental Hospitalization

In case your employee or their dependent get into an accident, this covers for all pre and post hospitalization expenses such as road ambulance charges, room rent, diagnosis, day care procedures, etc.

COVID-19 Hospitalization

COVID-19 Hospitalization

In case your employee or his/her family members are tested positive for the COVID-9, this corporate health insurance will cover for its hospitalization costs.

Illness Related Hospitalization

Illness Related Hospitalization

Sometimes, some illnesses require hospitalization. This benefit will cover your employee and their dependents for all treatment and hospitalization expenses.

Daily Hospital Cash Cover

Daily Hospital Cash Cover (Add-on)

In case your employee or their dependent is hospitalized, expenses go beyond just the hospital bill and this benefit helps people cover for just that.

Psychiatric Benefit

Psychiatric Benefit (Add-on)

According to a WHO study, at least 6.5% of India’s population suffer from a serious mental disorder. Luckily, our health insurance will also cover for your employee’s psychiatric support; after all mental health is just as important as physical health.

Critical Illness Cover

Critical Illness Cover (Add-on)

Critical Illnesses have been on a rise today. Our plan comes with a Critical Illness benefit included so that your employee and their dependents will be covered in case they are diagnosed with any Critical Illnesses.

Maternity Benefit with Newborn Baby Cover

Maternity Benefit with Newborn Baby Cover (Add-on)

This is something many young working professionals worry about! This benefit can be opted to cover for child delivery expenses for your employee or their spouse. It also covers expenses in case of an infertility treatment or medically necessary terminations.

Complimentary Annual Health Checkup

Complimentary Annual Health Checkup

It's important to be aware of one's complete health and well-being. That's why, our plan includes reimbursement for any medical checkups and tests your employees or their dependents would want to do in a year.

Other Benefits

Other Benefits (Add-on)

Our health insurance plan also includes benefits to cover for things such as Alternate Treatment (AYUSH), Organ Donation Expenses, Infertility Treatment and Bariatric Surgeries among others.

What’s not covered?

Pre-Natal & Post-Natal Expenses

Pre-natal and post-natal medical expenses, unless it leads to hospitalization of the employee or their spouse.

PED Waiting Period

In case of a pre-existing disease, unless the waiting period is over, the claim for that disease or illness cannot be made. However, in the case you wish to cover more than 50 members, there is a PED waiting period waiver.

Hospitalization without doctor’s recommendation

Any condition your employee gets hospitalized for, that doesn’t match with the doctor’s prescription is not covered.

COVID treatment only for single cover

If you’re only opting for the COVID cover, then treatment is only applicable once the insured person has tested positive from a government authorized testing center.

Claims made before initial waiting period

For covid related claims, there is an initial waiting period of 15-days. Claims made before the completion of the same can’t be covered. 

Key Benefits of a Group Health Insurance by Digit

Premium

Starting at ₹1500 per employee

Copayment

No Age Based Copayment

Claim Settlement Ratio

93.37% (GMC Health Claim Settlement Ratio) 

Cashless Hospitals

5900+ Cashless Hospitals Across India

Buying & Claim Process

Paperless Process, Digital Friendly

Point of Contact

Single Point of Contact

Treatment for Coronavirus

Covered under group health insurance and offered as a separate group cover as well.

How to claim?

  • Whenever there’s a claim, let us know! Give us a call at 1800-258-4242 or email us at healthclaims@godigit.com
  • In case of a Cashless Claim, all your employee needs to do is choose a network hospital of their choice and display their e-health card and we’ll take care of the rest. The employee can also opt for up to 50% Advance Cash benefit by providing estimated medical expenses.
  • In case an employee wants to opt for a hospital not part of our network, they can opt for Reimbursement by submitting required documents such as medical bills, test reports, consultation summary, etc.

Why choose Digit?

Loved by Customers

Loved by Customers

Our customers have rated us 4.9/5 on Facebook. That is love!

More TLC, Less T&C

More TLC, Less T&C

No hidden clauses, jargon free documents & easy-to-understand language

Digital Friendly

Digital Friendly

All our processes, right from generating your quote to onboarding members and making claims are simple and can be done online.

How does a Group Health Insurance plan work?

What is the purpose of a Group Health Insurance for Employees?

Who should buy a Group Health Insurance plan?

Typically, any organization with 10 or more members should protect their employees with a health insurance. If you aren’t sure whether you need one, we break it down for you.

Small Companies & Young Startups

If you’ve just started a young startup of your own and have at least up to 15 team members, then you could sign up for a group health insurance plan that won’t only protect your employees but, will also help in your tax savings. If you’re too worried about the costs, don’t worry- group health insurance plans are customized as per the company’s financial and employee strength.

Medium Sized Companies & Growing Startups

So, your company’s a young one but has been around for a while now. You can choose to protect your employees with a group health insurance plan. This won’t only help in increasing your employees’ happiness and motivation but will also help you retain them for longer.

Large Organizations & Established Startups

Being a large and established startup, organization – employees expect benefits such as a health insurance as part of their package. So, if you have a company that has up to 1000 members or less, you should cover them and their dependents with a corporate health insurance plan that won’t only give them a sense of security but, will also increase your organization’s goodwill.

Advantages of a Group Health Insurance

Low Cost Premiums

Since a group health insurance policy is spread over a group of people, the premium for the same is a lot cheaper than other health policies. 

Tax Benefits

According to the Income Tax Department of India, companies offering their employees with a corporate health insurance can benefit from some tax savings!

Company Goodwill

Organizations that offer their employees with valuable benefits lead to happier employees and happier work environments. This ultimately leads to a better goodwill for any company, big and small. After all, everyone loves a good old organization that cares about its people!

What employers should look for when buying a Group Health Insurance policy in India?

Meaningful Benefits

The primary purpose of a group health insurance plan is to provide employees with healthcare benefits and it only makes sense that the benefits should be those that an employee actually finds valuable. Therefore, the kind of benefits provided in a group health insurance plan should be of utmost priority when choosing the best group health insurance plan for your employees. For example: Given how affected India is by the COVID-19 pandemic, ensure your group health insurance covers the same.

Health Insurance Premium

At the end of the day, money matters! That’s why, it is crucial to evaluate how much your group health insurance will cost you and if that makes sense with respect to the benefits offered or not. Don’t blindly go for cheaper premiums, but corelate the benefits that come with it.

Communication Effectiveness

When you get a group health insurance, it’s not only the plan benefits that matter, but also how effective and responsive your insurer is as well. In times of need, you want to make sure your employees have a pleasant experience communicating and dealing with the respective insurer. Many times, insurance providers use third parties too as a mediator. In this case, you would want to make sure that the respective third-party administrator is good enough or not.

Service Benefits

When it comes to health insurance, service matters more than ever. After all, you need an insurer that will deal with healthcare matters with utmost care and sensitivity. Therefore, always evaluate and compare the service of different insurance providers before deciding on their group health insurance plan.

Geographical Coverage

Accidents and Illnesses could take place anywhere! Therefore, one of things to consider while choosing a group health insurance plan is whether it covers the entire country or not, and if it does then how many network hospitals are spread across the country, etc. 

Benefits of a Group Health Insurance for Employees

Default Healthcare Benefit

Most companies that offer group health insurance plans include the same as part of their employee’s annual benefits; i.e whether you opt for it or not, if your company has a group health insurance plan – you will be covered within it, without having to pay for the premium yourself. 

No Pre-Medical Tests Required

Generally, when you want to take up an individual health insurance, your insurer will most likely take up pre-medical tests before issuing and confirming your health insurance policy. However, in the case of a group health insurance plan the same is not required. Your policy is valid without the need to have to take any medical tests. 

No Premium

As mentioned above, most employers will typically include your health insurance plan in your annual benefits offered by the company. This means, you don’t have to pay for the premium of the same, and your company pays out the same for you. However, this could differ from employer to employer. But, whether your employer charges you for the same or not, the premium for the same is comparatively a lot less than an individual health insurance.

Simpler Claim Process

Since your employer is the one who has opted for the respective group health insurance plan, they would be the ones mainly maintaining all communication with the third-party administrator or insurer. Therefore, this reduces your efforts in having to communicate back and forth and instead, the claim process usually becomes a lot simpler for you.

How is a Group Health Insurance different from an Individual Health Insurance?

Individual Health Insurance

Group Health Insurance

In this case, every individual is the direct point of contact with their respective insurer.

Here, the company is the direct point of contact with the respective group health insurance provider.

Every individual holds the right to cancel their policy at any point in time.

In the case of a group health insurance, only the employer has the right to cancel the policy.

An individual policy is valid for as long as an individual has paid the respective premium year on year.

A group health policy is valid for as long as the employee is part of the respective organization.

An individual health policy is primarily dependent on an individual’s age, medical history, health conditions etc.

A group health policy is primarily dependent on the organization's strength; both financial and employee strength.

Typically, in any individual health insurance the insurer will have pre-medical checkups conducted, basis which policies are issued.

In a group health insurance plan, pre-medical check-ups are not conducted by the insurer, which reduces risk on policies being declined.

Difference between Group Health Insurance and Group Coronavirus cover by Digit

Digit Group Health Insurance

Digit Illness Group Insurance (COVID-19)

The Digit Group Health Insurance is a comprehensive corporate health insurance plan that covers all employees of an organization from hospitalization expenses arising out of illnesses, diseases and accidents. Additionally, Digit’s Group Health Insurance also covers the COVID-19, despite it being a pandemic.

Given the current situation, we understand that many businesses may not want to opt for a complete group health insurance cover given the premium costs and the ongoing financial insecurities currently. However, it has been recommended that employers cover their employees for at least the COVID-19. That’s why, we’ve created a customized cover for the same to help cover for all employees from the COVID-19 at an afforable group health insurance premium.

FAQs about Corporate Health Insurance for Employees in India