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Group Health Insurance Quote for Small Companies
Group medical is experience rated, which means the structure you agree this year sets the price you pay next year. Most small employers negotiate the premium and leave the design untouched, which is the expensive way round.
Or request a callback. Free, no obligation, and we are reachable 24/7. Most quotes come back the same working day.
Before you ask
- Group medical is priced on your own claims experience, so a heavy year follows you into the next renewal unless the structure changes with it.
- Room rent caps are the clause that quietly halves claims: exceed the cap and many wordings reduce the entire bill proportionately, not just the room charge.
- Group personal accident and group term life attach to the same renewal cheaply and are usually better value per rupee than raising the medical sum insured.
- Insurers price a young workforce with maternity usage very differently from an older plant workforce with cardiac claims. A template quote suits neither.
What drives the premium
- Headcount, age profile and the split between employees and dependants
- Sum insured per family and whether cover is floater or individual
- Room rent basis, which is the single largest lever on both price and claim value
- Maternity cover, waiting periods and any pre-existing disease waiver
- Co-pay and sub-limits, which reduce premium and reduce settlements with it
- Your previous claims ratio, if the policy is a renewal rather than a first placement
Indian general insurance was de-tariffed in 2007, so there is no tariff to quote from and any site publishing a rate is guessing. What we can do is read your risk against the market and come back with real terms.
What we need from you
- Headcount, and whether dependants are covered
- Age bands, roughly, and the number in each
- Sum insured you have in mind per family
- Your current policy schedule and last year's claims ratio if renewing
- Whether you want maternity, and any pre-existing disease waiver
Send whatever you have on WhatsApp, even a photograph of the existing policy schedule. We will tell you what is missing rather than send you a form.
Frequently asked questions
What is the minimum number of employees for group health insurance in India?
Most insurers write group mediclaim from around seven members, and some go lower for a genuine employer-employee group. Below that, insurers usually direct you to individual or family floater policies instead, which we can also place.
How are group health insurance premiums calculated?
On the age profile of the group, the sum insured, the benefit structure and, at renewal, your own claims ratio. It is experience rated, so the group's own history matters more than any published rate.
What is the room rent cap and why does it matter?
It limits what the policy pays for the hospital room. Where a patient exceeds the cap, many wordings apply proportionate deduction to the whole bill, so surgeon fees and investigations are scaled down too. It is the most common reason a group claim settles far below expectation.
Can we add personal accident and term life to the same policy?
They are separate policies but they attach to the same renewal, the same census and one negotiation. Placing all three together is usually better priced than placing medical alone, and it is administratively simpler.
Related: Group medical cover explained · Group personal accident · Gratuity calculator