Group Health Insurance
Protect Your Team. Empower Your Business.
At CoverBee, we believe your employees are your greatest asset. Offering Group Health Insurance is not just a corporate formality—it’s a strategic move that boosts morale, improves productivity, and attracts top talent.
Whether you’re a startup with 10 employees or an enterprise with 1,000+, CoverBee offers customizable Group Mediclaim Policies that fit your team’s needs and your company’s budget.
What is Group Health Insurance?
Group Health Insurance (GHI) is a health insurance policy that provides medical coverage to a group of people—typically employees of a company or members of an organization. The premium is usually paid by the employer, and the policy covers hospitalization, treatments, surgeries, maternity expenses, and more.
Unlike individual plans, group plans offer instant coverage, no pre-medical tests, and day-one benefits—making it a popular and cost-effective way to protect your team.
Who Can Offer Group Health Insurance?
● Private companies
● Startups & SMEs
● Educational institutions
● Non-profits & NGOs
● Associations, cooperatives, & societies
● Contractor-based businesses (freelancers, consultants, etc.)
Benefits of Group Health Insurance
● Day-One Coverage: No waiting period for pre-existing diseases or maternity
● No Medical Check-Ups: Employees are insured from Day 1 without tests
● Covers Family: Extend benefits to spouse, kids, and even parents
● Cashless Claims: Access to a wide hospital network for easy treatment
● Corporate Tax Benefits: Premiums paid by employers are tax-deductible coverage
● Employee Retention: Health coverage improves loyalty and job satisfaction
● Mental Wellness: Support for psychological well-being and stress management
Group Health Insurance FAQs
Yes, under IRDAI guidelines and several state labor laws, it is mandatory for businesses to provide health insurance to employees.
Most insurers require a minimum of 7 to 10 employees for a group plan. Startups can also opt for flexible coverage.
Yes. You can include spouses, children, and even dependent parents under the same group plan.
Yes, most group policies cover pre-existing conditions from day one, which is a major advantage over individual policies.
In a floater policy, the total sum insured is shared by all covered members. It helps reduce premium costs while offering broad protection.
CoverBee offers cashless claims at network hospitals and fast reimbursement for others. Our team helps with every step of the claim process.
Yes, maternity cover is available as an add-on. It includes delivery, hospitalization, and newborn baby care from day one.