We are planning to avail a mediclaim policy for our employees. Can anyone suggest the best option or insurance company? This is an IT firm located in Madurai, Tamil Nadu, where around 50 employees are working.
From India, Bangalore
Acknowledge(0)
Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)
To our experience, you'd better opt for a government insurance company where the procedures are a bit lengthy and less professional. However, for any excess of your claim amount, they will reimburse without much hassle.
From India, New Delhi
Acknowledge(0)Amend(0)
425From India, New Delhi
Acknowledge(0)Amend(0)
I agree with Kumaracme when he suggests public sector companies for mediclaim policies. New India Assurance and Oriental Insurance offer various policies. Speak to them or call the development office to discuss the merits and demerits of various policies and decide accordingly.
Any day, I would prefer government insurance companies.
From India, Pune
Acknowledge(1)
Amend(0)
Any day, I would prefer government insurance companies.
From India, Pune
Acknowledge(1)Amend(0)
Whether they are exempted employees or not confirm as per the ESIC Act. Better service provider is STAR HEALTH AND ALLIED INSURANCE CO., but it is slightly expensive. Thank you Chandrashekar
From India, Chennai
Acknowledge(0)Amend(0)
From India, Chennai
Acknowledge(0)Amend(0)
As far as I have understood, the Punjab National Bank with Oriental Insurance Company provides Mediclaim Policy at the lowest rate. However, this is available only for SB Account holders in PNB. If you can keep the salary accounts of your employees with PNB, then this will be the best option. Please compare details with other offers too before coming to a final decision.
From India, Bangalore
Acknowledge(0)Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Kerala HC- employee entitled to higher amt if recd from insurance co 18092017.pdf
Employee Benefits.doc