A group health insurance policy, also called GMC policy insurance, provides health coverage to employees working under the same organization. Unlike individual plans, these policies are designed to cover groups, offering streamlined healthcare solutions for businesses.
Edify’s group medical coverage (GMC) ensures your employees receive comprehensive healthcare benefits while helping businesses manage costs effectively.
Strategic Planning: We create cost-effective, multi-year strategies tailored to your risk profile and employee demographics, ensuring long-term stability.
Customized Benefits: Our bespoke plans, including group medical coverage and parental insurance, balance employee needs with your budget.
Seamless Access: User-friendly tools, mobile apps, and communication strategies ensure employees easily access and understand their benefits.
Dedicated Support: 24x7 assistance for claims, enrollments, and wellness programs guarantees a hassle-free experience for your team.
Global Expertise: With experience across Asia, the USA, and Europe, we deliver corporate health coverage tailored to global and local needs.
Group medical coverage strengthens employee satisfaction and retention. It acts as a critical tool for attracting top talent while showcasing the company’s commitment to employee welfare.
For businesses, this type of corporate health coverage minimizes financial risks related to employee medical emergencies, ensuring uninterrupted productivity and peace of mind.
A GMC in insurance provides a master policy that covers employees under a single plan. The employer is responsible for choosing coverage limits, benefits, and optional add-ons like parental insurance.
Employees can access cashless claims at network hospitals or reimbursement for eligible treatments. The policy operates annually, with costs determined by the selected coverage and employee demographics.
For Employers | For Employees |
Boosts employee retention and engagement. | Protects against financial burdens during medical emergencies. |
Positions the company as an attractive employer. | Offers peace of mind with employee medical insurance for dependents. |
Provides tax benefits for the organization. | Provides access to top hospitals through cashless claims. |
Reduces absenteeism by ensuring employee health and wellness. | Covers additional needs like maternity and daycare procedures. |
A GMC policy insurance typically covers the following expenses:
Inclusions:
Optional add-ons include:
Exclusions:
While GMC policies offer extensive coverage, certain exclusions apply:
Parental insurance can significantly enhance the appeal of your corporate health coverage. Parents are more likely to need higher claims, and Edify helps you design plans that manage these costs sustainably. Offering this benefit demonstrates a strong commitment to your employees’ families and ensures long-term satisfaction.
Edify specializes in creating tailored group medical coverage plans. Whether it’s adding parental insurance, setting room rent limits, or balancing OPD and diagnostic coverage, we help you design plans that fit your budget without compromising employee wellness.
Yes, Edify offers tailored plans that include parental coverage while maintaining affordability.
Yes, we cover pre-existing conditions from day one with no waiting period.
Edify specializes in creating customizable plans that balance coverage with affordability, ensuring long-term sustainability.
Our plans include hospitalization, daycare procedures, and optional OPD, dental, and diagnostic coverages.
