What Is Group Mediclaim (GMC) Insurance?
Group Mediclaim (GMC) is a health insurance policy taken by an employer for employees and, optionally, their spouses, children and parents. It covers hospitalisation expenses under a single master policy.
Group policies often offer benefits that are difficult to obtain individually, such as cover for pre-existing diseases from day one, waiver of waiting periods and maternity benefits.
GMC is one of the most valued employee benefits and plays an important role in attracting and retaining talent.
Why Do You Need Group Mediclaim?
Talent Retention
A highly valued employee benefit that improves retention and morale.
Day-One Cover
Pre-existing diseases and waiting periods are often covered or waived.
Cost-Effective
Group pricing is usually lower than equivalent individual policies.
Tax-Deductible
Premiums are a business expense for the employer.
Why Choose Our Group Mediclaim Services?
We design group health programmes that employees value and employers can sustain.
Benefit Design
Sums insured, family definitions and limits designed for your workforce.
Competitive Placement
Quotes and terms obtained from multiple insurers.
Employee Onboarding
Support with enrolment, e-cards and communication.
Dedicated Claims Desk
Help for employees with cashless and reimbursement claims.
Our Process
- Risk Survey We understand your operations, assets, people and contracts.
- Programme Design The right covers, sums insured and extensions for your risks.
- Market Placement Competitive terms obtained from multiple insurers.
- Policy Issuance Smooth documentation, onboarding and endorsements.
- Claims & Renewals Survey coordination, claim settlement and timely renewals.
Start Your Journey Today
Speak with our team for a personalised, no-obligation discussion.
Frequently Asked Questions
Can parents be covered?
Yes, parents can be included as an option, usually at an additional premium.
What is the minimum group size?
Insurers typically require a minimum number of employees, often seven or more.
Are pre-existing diseases covered?
Group policies often cover pre-existing diseases from day one, subject to the policy design.
Can employees enhance their cover?
Some programmes allow voluntary top-ups paid by employees.
What happens when an employee leaves?
Cover ends with employment; some insurers allow conversion to an individual policy.