Corporate Health Insurance

What is Group Health Insurance?
A Group Health Insurance is a type of health insurance plan that covers for a group of people who work under the same organization. This is often offered as a valuable benefit for employees as the premium for the same is borne by the employer. The group health insurance coverage can be extended to the family members of the employees in some cases. This insurance plan is also referred to as corporate health insurance or employee health insurance.

However, the price for the same is comparatively a lot lesser as compared to individual health insurance plans and also benefits employers in tax reductions, therefore making it beneficial for both the employer and employee.

At Digit, we offer both a comprehensive employee health insurance plan to cover for your employees from all illnesses and diseases, and a COVID-19 specific group cover to ensure your employees are covered against this grave pandemic.

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

5000+ Cashless Hospitals: With more than 5000+ 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: 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: 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: Sometimes, some illnesses require hospitalization. This benefit will cover your employee and their dependents for all treatment and hospitalization expenses.

Daily Hospital Cash Cover: 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: 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 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: 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.

Other Benefits: 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.



[/B]Who should buy a Group Health Insurance plan?[/B]
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!