Comparison of benefits of group health insurance vs individual health insurance. It explains the different clauses that are generally put in the individual health insurance, but can be customized in group health insurance
Transcript of "Benefits of group health insurance vs individual health insurance"
Benefits comparison of Individual HealthInsurance vs Group Health InsuranceBenefits offered Group Health Insurance Individual Health InsurancePre-existing diseases From Day 1 After 4 yearscoveredAbility to make claim in first Yes Only emergency cases30 daysWaiting period for select Waived – Covered from day Covered after 1, 2, 3, 4 yearsdiseases 1Maternity benefits Offered from Day 1 Generally not offered. Claim possible after 3-4 years, when offeredMedical check-up before Not required Required for age over 45enrollmentCo-pay for people above 60 Not required Mostly requiredRelationship manager Yes No