Group Health Insurance (GHI)
A structured healthcare protection plan designed to protect your employees — and your business — from medical uncertainties.
What is Group Health Insurance?
Group Health Insurance (also known as Corporate Health Insurance or Employee Medical Insurance) is a company-sponsored health coverage plan that protects employees under a single master insurance policy.
Instead of employees purchasing individual health insurance plans, organisations provide structured medical coverage as part of their employee benefits program.
This policy ensures employees receive financial protection during hospitalisation, medical treatments, and health emergencies without the need for individual underwriting or complex approvals.
Group Health Insurance has become a standard employee benefit offered by companies in India, helping organisations create a financially secure and supportive work environment.
Why it Matters for Corporates
Healthcare costs in India are rising rapidly. A single hospitalisation can create significant financial stress for employees, which can indirectly impact productivity, morale, and workforce stability.
A well-designed Group Health Insurance policy for employees helps organisations:
Today, Group Mediclaim Insurance is no longer just an employee perk — it is a critical workforce protection layer.
How it Works
In a Group Health Insurance policy, the company defines the coverage structure based on workforce requirements.
The organisation typically decides the following:
The company pays the annual premium, and employees remain covered for as long as they are employed with the organisation.
Premiums are determined based on factors such as:
Who Should Opt for it?
Group Health Insurance is relevant for organisations at every stage of growth.
It is particularly valuable for:
If a business employs people, providing healthcare protection becomes both a financial safeguard and a responsible employer practice.
Structure & Coverage Model
Coverage Scope
Most Group Mediclaim policies in India include:
- Inpatient hospitalisation expenses
- Pre-hospitalisation and post-hospitalisation treatment
- Day-care medical procedures
- Ambulance charges
- Domiciliary hospitalisation (home treatment when hospitalisation is not possible)
Sum Insured Models
Companies can structure the sum insured in different ways:
- Flat coverage across all employees
- Graded coverage based on designation or hierarchy
- Floater coverage for employee and family members
Employer Contribution Models
Group Health Insurance premiums can be structured as:
- Fully employer-funded policies
- Shared contribution models (co-pay) between employer and employee
- Voluntary top-up options for additional coverage
Optional Add-ons
Organisations may enhance employee protection with additional benefits such as:
- Maternity coverage
- Parental insurance (parents / in-laws)
- OPD coverage
- Mental wellness support
- Critical illness riders
These add-ons help create a comprehensive employee healthcare ecosystem.
Our Advisory Approach
Most companies simply purchase insurance policies without structuring them correctly.
At 1 Finance, the goal is not just to buy insurance — but to design a sustainable employee health protection strategy.
Our advisory approach focuses on:
Frequently Asked Questions
Design the Right Protection Stack for Your Workforce
Insurance should be structured — not purchased impulsively. Talk to our advisory team.