How to Educate Your Employees on Health Insurance Benefits

Whether you are a founder or part of the human resources team, you will agree that employees are the most crucial asset of your organization. Therefore, it is imperative that you do not overlook your employees' health and well-being.

Providing health insurance cover is one of the best ways to demonstrate that you genuinely care about safeguarding your employees' well-being. Today, employers also look at employee health insurance benefits as a new approach to attracting and retaining talent. But providing health-care coverage to employees is not enough. It is equally important that you educate them about the benefits of your group health insurance plan so that they are aware of it and can utilize that knowledge during emergencies.

In this article, we will introduce ways through which you can educate your employees about their group health insurance benefits. But before we go to the ‘How’, it’s important that we have an understanding of the ‘What’ and ‘Why’ as well.

‍What is a group health insurance policy? 

A group health insurance policy is a type of health insurance that businesses arrange for their employees and dependents. It may also cover the employees' family members such as their spouse, children, and parents/parents-in-law in some cases. It is an added incentive that many organizations offer to their employees. At the core, a group health insurance policy covers the qualifying medical expenses of your employees.

Now that we know what a group health insurance policy is, we can move on to understand the ‘Why?’.

Why should you educate employees on group health insurance benefits?

When candidates evaluate employment offers, they consider the employee healthcare benefits that an employer will offer them. Thus, it is imperative that you communicate the health benefits you're providing to your current and future employees. Encourage  an environment where employees can raise their queries and not be hesitant to communicate with their peers and superiors on their health insurance benefits. 

How can you make employees aware of health insurance benefits?

1. Circulate emails and newsletters containing the details of a group health insurance plan.
2. Arrange sessions for discussing the importance of health insurance by inviting your group health insurance and health benefits providers. Ensure that these sessions are interactive and explanatory for best results. 
3. Ask your health insurance partner to conduct health & wellness sessions to educate your employees on how to use and claim the policy. 

A bonus tip for you: Include the various diseases covered by the plan and the benefits your employees can get from health insurance in such cases. 

4. Conduct surveys to determine what sections of the policy your employees cannot understand and then conduct targeted sessions on those specific topics.
5. The best way to educate is through the help of a simple and usable app, which helps employees understand the coverage, use benefits such as ‘doctor on-call’, get discounts on medicines and most importantly, provides 24*7 claims assistance.
6. Additionally, you can also regularly circulate flyers that summarize the benefits your healthcare insurance policy provides. 

Are you worried about how to go about doing this? Don’t be daunted by this list, IMT is here to assist you with this and more…

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How group health insurance helps employees?

Group health insurance policies provide financial assistance to employees and their dependents in times of health emergencies. When confronted with a medical crisis, a good health cover can be a lifesaver.

Here are some of the most important aspects of group health insurance policies:

• In contrast to other forms of insurance, group insurance policies have a lower premium and you can get assistance from your employer during claims. 
• A group insurance policy serves as an employee welfare plan.
• When employees are provided with group health insurance, they feel valued as an integral part of the company.

Conclusion

People have been giving increased attention to their lifestyle since the Covid-19 outbreak and are trying to make it healthier. The fear of being hospitalized due to sickness, as well as the growing healthcare expenditures, has prompted many people to seek out health insurance or additional covers to their existing ones. As a result, employees prefer working with employers who provide health insurance as a part of their Employee Benefits. Employers today are also recognising this need and are managing their group health insurance and wellness plans with InsureMyTeam. 

InsureMyTeam transforms your and your employees’ healthcare experience by providing you with personalized healthcare assistance through the InsureMyTeam app. You can manage Employee Health Insurance, Health Care and Wellness all on one platform for yourself and your employees!