The Future of Health Insurance: How Flexibility Can Make Employee Benefits Better
Learn how flexible health insurance plans at workplace can make a difference.
By Pazcare
October 14, 2024
Group Health Insurance - For the Non-Profit Organization Management Industry
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Non-Profit Organization Management Industry - Overview
A non-profit organization usually aims to raise funds for a noble cause or to provide some service for a group of people. The basic function of a non-profit organization is to make sure that it reaches its goals and is managed smoothly.
A nonprofit organization usually has volunteers and not regular employees. The management requires it to smoothly run its operations, manage funds, and adhere to governmental regulations. India is home to over 1.37 Lac nonprofit organizations that aim to generate funds and help millions of people all over the country. There are many volunteers and employees working tirelessly to provide help and services to people being helped by the organizations. Around 3.92 Lac people are employed in companies with 0-100 employee strength, 2.93 Lac and 1.28 Lac people are employed in companies with 100-1000 and 1000+ employees.
Why buy group health insurance for the non-profit organization management industry employees?
With the rise in diseases and illnesses and the general decline in the lifestyle of people, offering group health insurance to your employees has become a necessity. As the employees of a nonprofit organization are required to visit various places, they become more prone to catch illnesses or get injured. By providing group health insurance to them, you will be surrounding them with much-needed financial aid.
- Financial protection
Since the Covid-19 pandemic hit, health problems have increased over time. Secure your employees' future by offering them group health insurance.
- Customized benefits
You can customize your group health insurance to add or delete any benefit according to your employees.
- Add-on benefits
You can add other benefits to your group health insurance policy at a low additional cost.
- Employee retention
Providing health benefits will also increase the employee retention rate of your organization because the family members will also get coverage.
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Things to know before buying group health insurance for the non-profit organization management industry
- Network hospitals
Your employees are situated all over the country, make sure to check the cashless network hospital list so that the employees’ can locate a cashless network hospital near them.
- Claims experience
Manually settling claims could be a cumbersome process. Always check the claim settlement process with your insurer as it should be seamless.
- Easy endorsements
Manually adding employees and managing their data should be a smooth process.
- Add-on benefits
Ensure that your employees are able to include add-on benefits at a lower premium cost to cover other medical treatments within their policy.
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For any queries or assistance, reach out to us at any time. We provide 24X7 customer assistance.
Pazcare
91 80378 34753
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Group health insurance for non-profit organization management industry employees FAQs
Can a group health insurance be claimed twice in one financial year?
Till the sum insured gets exhausted, you can claim group health insurance anytime during a financial year.
Can a diabetic patient be covered under group health insurance?
Yes, even if you are suffering from diabetes, high BP, etc, you are eligible for a group health insurance policy.
Will the premium increase after the addition of add-on benefits?
Yes, every add-on benefit comes with a nominal increase in premium.
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