Question

In: Operations Management

What factors should be taken into consideration when HR/Employer is developing health insurance coverage for their...

What factors should be taken into consideration when HR/Employer is developing health insurance coverage for their employees?

Solutions

Expert Solution

Every employer developing a health insurance coverage for its employees must keep the following factors in mind:

  • Sum assured
  • Co-payments and sub-limits
  • Comprehensive cover
  • Critical illnesses
  • No claim bonuses
  • Pre-existing, waiting period and exclusions
  • Maternity
  • Network hospitals

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