Group health insurance and employee benefits at an affordable price

Group mediclaim that comes with no surprises, no hidden costs & no out-of-pocket expenses. Give your team the care they deserve.
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What is group health insurance?

Group health insurance coverage is a type of insurance plan that covers a group of people who belong to the same organisation. This type of cover is also called an employee insurance plan or a corporate insurance plan.
What makes a group health insurance plan an essential benefit for all employees?
Well, you can extend the health insurance plan's scope to cover the spouse, children, parents, or parents-in-law of employees. In addition, a group plan also covers personal accidents, maternity benefits, daycare treatments, room rents, among many other additional services. At Plum, we take great care to understand the needs of the employer and employee. Therefore, we structure plans that offer more value and benefits at affordable costs.

Why buy a group
health insurance policy?

The pandemic has changed many things; one is how we look at our health. Medical costs are skyrocketing, and equal access to good quality healthcare has become the immediate requirement for everyone in India. Health insurance is no longer just an added benefit but a necessity for employees.

Here are three reasons why you should think about getting a group plan today:
Meet your employees' expectations
Create the best working space for your teams and workforce. A group health insurance plan is the first step in showing your employees that you care.
Give your employees' peace of mind
Providing your employees with medical cover makes them feel prepared for unforeseen events. This peace of mind helps in retaining employees & keeps them happy.
Good employee health improves productivity
Providing your workforce with regular health checkups at zero expense will keep your employees healthy, resulting in lower sick leaves and improved productivity.

Advantages of a group health insurance policy

The pandemic has changed many things; one is how we look at our health. Medical costs are skyrocketing, and equal access to good quality healthcare has become the immediate requirement for everyone in India.
More value at lower premiums
An employee health insurance allows you to provide coverage to the employee and their family at a much lower cost than an individual health plan.
Get tax benefits under Sec 80D
With group health insurance, everyone gets tax benefits. Your employees get medical protection, and as an employer, you can avail of tax deductions.
Pre-existing diseases covered from day 1
Group health insurance plans cover pre-existing conditions (like diabetes, etc.) right from the start of policy inception.
COVID-19 coverage
COVID-19 has impacted individuals and businesses alike. A group health insurance policy provides you with security in these unprecedented times.
Maternity coverage
A maternity cover is an additional benefit that you can add to your group health insurance plan at a low cost.

Features of group health insurance plans

Cashless process
Plan your treatments and get them paid for beforehand through cashless claims. For planned hospitalization, you can walk up to any insurer's network hospitals and avail of cashless treatment.
Extra benefits
Group health insurance policies can be easily enhanced through additional benefits. You can add other benefits such as maternity coverage, pre-existing disease cover, accidental cover to the base policy.
Covers family
Group health insurance plans cover your employees' family members at a much more affordable price than a family health insurance plan. Providing cover for employee's parents, spouse, and children are seen as a significant benefit.
Pre and post-hospitalisation
There are many medical expenses before the actual hospitalisation and many times after discharge. All these expenses are also typically covered under your group health insurance plan.
Additional costs
Hidden costs are prevalent with hospitalisations. High room rents, ambulance costs, medical expenses are a few examples of these hidden costs. Corporate health insurance will cover all these additional costs.
Tax saving benefits
With group mediclaim cover, you as well as your employer can avail of tax benefits! If you are a start-up founder, a group cover is an excellent way to boost employee morale.

Why should you buy group health insurance with Plum?

We understand that a group health insurance plan is not a one-size-fits-all type of plan. With Plum, we will walk with you every step of the way and help you choose the perfect plan for your team. It doesn't matter whether you're a 1000 person or a ten-person team; we provide the best plans for all.
With Plum's group health insurance experts and industry-wide knowledge, we make sure to get you the best healthcare policy.
Easily manage your group health benefits
You can add and remove employees from your group health policy at any time, invite an employee to add their own details, and modify employee details at your convinience.
Easy employee experience for accessing their group health insurance
Insurance is no longer a hassle. Easily access your employee dashboard at any time. From the Plum employee dashboard, you can check your policy details, start a claim, and check the status of your claims.
India's quickest claims process
Traditionally, claiming your insurance plan has always been a tedious process. With Plum, your employees can claim their group health insurance cover from WhatsApp.
Start a claim
Download your health card
Check your policy details
Plum Wellness
When you buy group health insurance on Plum, it comes not only with our never-ending support and love but also loads of extra benefits.

With a vast range of wellness sessions from Plum Wellness, you can provide your employees with an opportunity to unwind their minds and destress.
Admin dashboard for managing your group health benefits
Our admin dashboard provides you with all the functionality you need. Simply add and remove employees from your group health policy at any time, invite an employee to add their details and modify employee details at your convenience.
Employee experience for accessing their group health insurance
Insurance is no longer a hassle. Easily access your employee dashboard at any time. From the Plum employee dashboard, you can check your policy details, start a claim, and check the status of your claims.
India's quickest claims process
Traditionally, claiming your insurance plan has always been a tedious process. With Plum, your employees can claim their group health insurance cover from WhatsApp. You can start a claim, check your policy details, download your health card, all from the comfort of WhatsApp.
Plum Wellness
When you buy group health insurance on Plum, it comes not only with our never-ending support and love but also loads of extra benefits. With a vast range of wellness sessions from Plum Wellness, you can provide your employees with an opportunity to unwind their minds and destress.

Popular insurers who offer group health insurance policy

There are many insurers who provide group health insurance in India. We've compiled a list of the leaders in the group health insurance industry. Here is a table comprising of the top group health insurance plans from the best insurers in India for 2021.
Insurer
Network hospital
Is Covid-19 covered?
Claim settlement ratio (2019-2020)
ICICI Lombard
6500+
Yes
80.40%
New India Assurance
1500+
Yes
93.60%
Care Insurance
11,000+
Yes
84.21%
Aditya Birla
6000+
Yes
75.76%
HDFC ERGO
10,000+
Yes
90.29%
Star Health Insurance
11,000+
Yes
78.62%
Max Bupa
7000+
Yes
90.10%
IFFCO Tokio
5000+
Yes
92.50%
SBI General
6000+
Yes
89.49%
Name
Email
Phone
Country
Last update
Status
Action
Insurer
Network hospitals
Is Covid-19
covered?
Claim settlement ratio (2019-2020)
ICICI
5000+
Yes
80.40%
New India
1500+
Yes
93.60%
Care Insurace
2500+
Yes
84.21%
Aditya Birla
6000+
Yes
75.76%
HDFC Ergo
2500+
Yes
90.29%
Star Health
9000+
Yes
78.62%
Max Bupa
4500+
Yes
90.10%
IFFCO Tokio
5000+
Yes
92.50%
SBI General
6000+
Yes
89.49%
Note: The Claim Settlement Ratio has been taken from the annual report released by the Insurance Regulatory and Development Authority of India for FY 2019-20. The number of network hospitals are taken from the official website of the respective insurance companies. GI refers to General Insurance Company Limited. PlumHQ does not recommend any insurance provider or insurance policy/cover/product.

Things to know before buying an online group health insurance policy

Added benefits
Make sure you choose additional features that your employees will utilize. For example, maternity benefits are suitable for employees planning to start a family.
Claims experience
The essential part of health insurance is the ease of usability. Ensure you always check on the claims experience and process an insurer has to offer.
Cashless hospitals
You get admitted to a hospital for medical treatment and walk out without worrying about the bills. That's genuinely the best experience you can give your employees.
New employees
Certain insurers have a waiting period from joining to the policy start date. Go for a plan that provides cover from day one. This will allow you to add new employees to the group health insurance plan.
High claim settlement ratio
The CSR is a percentage of the number of claims settled by an insurer to the number of claims received. Always go for an insurer with a good CSR and read all terms and conditions beforehand.
Customisable plans
Always go for a plan that offers complete and seamless customization. This will help you manage new/old employees and their dependents easily.
Note: Employees can only avail of a cashless claim at one of the insurer's network hospitals. It is crucial to ensure that the insurer has network hospitals across the country.

Who should buy group health insurance?

Group health plan for startups
Right from the get-go, Plum has built its offerings around young and budding startups. Even if you're an efficient five-member team, we can get you a group health insurance policy.
Group health insurance for SMBs
A group health insurance policy is the perfect benefit you can offer your employees. This increases employee satisfaction and motivation. Get group cover at an affordable premium along with valuable add-on benefits on Plum.
Large organizations
Employees feel prioritized when providing them with a corporate health insurance plan with relevant benefits. As a corporate, the onus is upon you to take care of the people who take care of your business.

Frequently asked 
questions

Is COVID-19/Coronavirus covered in a group health insurance policy?

Yes. All group health insurance policies cover COVID-19 and related illnesses.

Is it mandatory to provide health insurance to employees in India?

Yes. As part of order No-40–3/2020-DM-I (A), the government of India has declared that all employers must provide medical health insurance to employees.

How many employees are required for a group health insurance policy?

Teams as small as seven members can be covered using a group health insurance policy. For example: If you’re a five-member team (and two spouses), you can also take a group health insurance policy.

Is group health insurance cheaper than individual health insurance?

Yes. A group health insurance policy is five to ten times cheaper than an individual policy.

Are group health insurance premiums tax-deductible?

Yes, you can avail of certain tax benefits through group health insurance.

How to buy group health insurance as an individual person?

A group health insurance can only cover a group of individuals who belong to the same organisation. You cannot buy group health insurance as an individual.

Who is eligible for group health insurance?

Any company that is registered with the MCA and has greater than seven lives (including dependents) qualifies to buy a group health insurance policy.

How much does group health insurance cost?

Group health insurance costs vary based on the number of employees, sum insured, and benefits opted for. Get a group health insurance estimate using our premium calculator.

How many people can be in a group health insurance?

The minimum number of people that can be covered in a group health insurance policy is seven. There is no such fixed upper limit on the total number of employees that can be covered.

Can small businesses take employee medical insurance?

Yes. Companies of any size can take employee medical insurance. You can generate an estimate for your company using our premium calculator.

How to check room rent limits in group mediclaim insurance?

Every group cover comes with a specific room rent limit or no room rent limit. You can check the policy document. The upper limit is around 1% of the sum insured.

How much is the premium for group health insurance?

The cost of the premium amount depends on the number of employees and their family members that you want to cover.

Are health check-ups included in group mediclaim policy?

Most of the group plans provide annual health check-ups for free. This  depends on the type of group plan and benefits selected by your employer.

Reviews and Testimonials

(4.5/5)
Gautham Prakash

One of the best in the industry. The entire onboarding process was seamless and quick. Good customer service team.

Madu Patil

Really appreciate the effort of the plum team members. The product demo was really good and self-explanatory.

Ankit Agarwal

Purchased a comprehensive group medical cover for my employees. The plum app experience is fast and time-saving.

Bhanu Teja

Plum offers the best group health insurance quotes in the industry for corporates of all sizes and scales. Great work!

Rajesh Raje

Great support from customer success. The team was highly responsive and resolved all of our claim queries point by point.

Vaibhav Widhwani

The cool part about Plum is its state-of-the-art employer-employee dashboard. As an admin of a company, it is the best thing!

Mohan Kapoor

Buying a group health insurance plan has never been better. Kudos to team Plum for such a good claims experience.

Jasspreet Singh

With Plum's WhatsApp claims service; I was able to download my health card within seconds. Good and quick process here.

Jassi Anand Kaur

I got the best quote and suitable premium for the complete batch (GMC + GPA + GTL + Covid 19 cover + Top-up). Really happy.

Dhruv Mishra

Apart from the group mediclaim plan, my employees and their dependents benefited from covid-19 vaccination by Plum.

Veerta Mishra

Along with group insurance cover, we also subscribed to the Plum Wellness program. Employee motivation at its peak.

Aaakash Pawar

High coverage at the best premium rates. Plum helped me purchase the best insurance plan for my SME. Thanks a lot!

Ravi Sahitya

I'm entirely convinced and happy with the services provided by Plum Insurance. Truly digital experience and onboarding.

Raju Krishnan

I bought the entire mediclaim policy online. I simply filled in all the details and got assisted by the sales team immediately.

Raje Birje

Gone are the days when you have to wait in line at the bank to book a group plan. With Plum Insurance, just do it online. Thanks!

Neeta Chakraborty

Our employees got a good number of benefits along with a medical cover. Plum doctor's consultations are really good.

Komal Pandey

I never thought that I would be able to cover my small group of employees. Thanks to Plum Insurance for the GHI plan.

Disha Seth

With GHI cover, all of my employees and their family members got the proper covid-19 treatment possible. Thanks!

Jason D'Souza

The plans offered by Plum is good and cover most of the pre-existing diseases from day one. I did it all on the Plum App!

Clewyn Mascarenhas

With group health insurance, you can claim tax benefits as an employer, and so can the employees. Thanks to Plum!

Gautham Prakash

One of the best in the industry. The entire onboarding process was seamless and quick. Good customer service team.

Madu Patil

Really appreciate the effort of the plum team members. The product demo was really good and self-explanatory.

Bhanu Teja

Plum offers the best group health insurance quotes in the industry for corporates of all sizes and scales. Great work!

Rajesh Raje

Great support from customer success. The team was highly responsive and resolved all of our claim queries point by point.

Mohan Kapoor

Buying a group health insurance plan has never been better. Kudos to team Plum for such a good claims experience.

Jasspreet Singh

With Plum's WhatsApp claims service; I was able to download my health card within seconds. Good and quick process here.

Dhruv Mishra

Apart from the group mediclaim plan, my employees and their dependents benefited from covid-19 vaccination by Plum.

Veerta Mishra

Along with group insurance cover, we also subscribed to the Plum Wellness program. Employee motivation at its peak.

Ravi Sahitya

I'm entirely convinced and happy with the services provided by Plum Insurance. Truly digital experience and onboarding.

Raju Krishnan

I bought the entire mediclaim policy online. I simply filled in all the details and got assisted by the sales team immediately.

Neeta Chakraborty

Our employees got a good number of benefits along with a medical cover. Plum doctor's consultations are really good.

Komal Pandey

I never thought that I would be able to cover my small group of employees. Thanks to Plum Insurance for the GHI plan.

Jason D'Souza

The plans offered by Plum is good and cover most of the pre-existing diseases from day one. I did it all on the Plum App!

Clewyn Mascarenhas

With group health insurance, you can claim tax benefits as an employer, and so can the employees. Thanks to Plum!

Madu Patil

Really appreciate the effort of the plum team members. The product demo was really good and self-explanatory.

Gautham Prakash

One of the best in the industry. The entire onboarding process was seamless and quick. Good customer service team.

Bhanu Teja

Plum offers the best group health insurance quotes in the industry for corporates of all sizes and scales. Great work!

Rajesh Raje

Great support from customer success. The team was highly responsive and resolved all of our claim queries point by point.

Jasspreet Singh

With Plum's WhatsApp claims service; I was able to download my health card within seconds. Good and quick process here.

Mohan Kapoor

Buying a group health insurance plan has never been better. Kudos to team Plum for such a good claims experience.

Veerta Mishra

Along with group insurance cover, we also subscribed to the Plum Wellness program. Employee motivation at its peak.

Dhruv Mishra

Apart from the group mediclaim plan, my employees and their dependents benefited from covid-19 vaccination by Plum.

Raju Krishnan

I bought the entire mediclaim policy online. I simply filled in all the details and got assisted by the sales team immediately.

Ravi Sahitya

I'm entirely convinced and happy with the services provided by Plum Insurance. Truly digital experience and onboarding.

Komal Pandey

I never thought that I would be able to cover my small group of employees. Thanks to Plum Insurance for the GHI plan.

Neeta Chakraborty

Our employees got a good number of benefits along with a medical cover. Plum doctor's consultations are really good.

Clewyn Mascarenhas

With group health insurance, you can claim tax benefits as an employer, and so can the employees. Thanks to Plum!

Jason D'Souza

The plans offered by Plum is good and cover most of the pre-existing diseases from day one. I did it all on the Plum App!