What is a Group Health Insurance Plan?
A Group Health Insurance Plan is an inexpensive investment that provides medical protection for your employees as a result of an illness or injury.
Benefits to you, the employer.
- Relief financial burden
- The cost can be borne between employer and employees
- Reduces operations expenses
- Allows your business to enjoy benefits at a competitive premium
- Enhances your Employee Benefits Package
- Contributes to better employee retention
Benefits to your employees and their dependents (spouse and/or children)
- Employee premiums are typically less expensive than those for an individual health plan
- The cost can be borne between employer and employees
- Provides financial protection against the cost for medical treatment because of an injury or illness
- In/Out patient services
- Credit arrangements with local medical providers
- Overseas care and treatment
- Reimbursement for airfare from overseas treatment
- Provides guarantee letters for hospitalization
- Supplementary Major Medical provides coverage for large hospitalization expenses and chronic illnesses
Additional Benefits
- Dental Care
- Vision Care
- Maternity Care
- Preventative Care
- Mental Health Treatment
- Physio and Speech Therapy
- Access to Assuria’s Multi Discount Card Program
- Preferential rates/premiums for motor and home insurance
Requirements for Group Health Insurance
- Articles of Incorporation and/or Business Registration
- Proof of address of Business
- Company KYC Form
- Census and Application Forms
- Group of 6 persons or more
- Medical examination may be requested