Better Health Insurance for Employees But No Increments This Year, Says Corporate India

by Lakshmi Gopal on  February 21, 2012 at 12:53 AM Health Insurance News
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Indian firms are putting their best foot forward by offering employees flexible health insurance packages in 2012, some making even concierges available.
 Better Health Insurance for Employees But No Increments This Year, Says Corporate India
Better Health Insurance for Employees But No Increments This Year, Says Corporate India

Many companies have eliminated the clause of overnight hospitalization from their health plans as employees frequently need treatments that require them to visit a hospital for only a few hours.

To top it all, even if an employee resigns from a company, he can keep his dream health insurance plan. However, in that case, the health plan will not be subsidized as heavily.

Corporate India has suddenly become accommodating regarding employees' health plans, in the face of a recession-hit economy, where they cannot be offered succor from low increments and no promotions.

To compensate for this, and to make imminent hikes in health insurance rates and medical inflation easy on their staff, Indian companies are arraying a formidable range of medical plans to retain old talent and attract the new.



Source: Medindia

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