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When shopping for a group health insurance policy for your company's employees, is it better to let them all under the same conditions and limits?

In comparison to keeping the executives and upper management on higher limits (as an incentive or benefit), and the rest of the employees on a regular policy. 

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Question ajoutée par Utilisateur supprimé
Date de publication: 2017/04/12
Mamoun elbaghir abdalla mhamad Eltayeb
par Mamoun elbaghir abdalla mhamad Eltayeb , Insurance agent / Producer , Albaraka Insurance Company

Yes I think so as such coverage return with benefit to the insured as he obtain a considerable discount in the rate of premium for group insurance and have the accurate coverage for all employees . the insurance company doing so and prefer it because for the easy management and handling beside less management expenses for the completion of such group insurance policy 

Regards

Omar Saad Ibrahem Alhamadani
par Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks 

No, you need to make many kinds of insurance for your employees depending on their nature of work itself, I support my colleague Ahmeds answer 

Javad Taghavi
par Javad Taghavi , Program Manager, Senior Adviser in Project Management , KCE Co.

Yes, because: a. there must be a group of people to be insured who have something in common other than the purpose of obtaining insurance b. to save administrative costs, there is often a Master Policy Holder who will retain the documentation on behalf of the members, and may deal with the members on behalf of the insurer c. Such covers are typically available at a discount to the respective individual rates, as administration and expected claims costs are lower.

Muwaffaq NoufaL
par Muwaffaq NoufaL , Business Executive Manager , CBU Indu. &trade Co

 support the answer of my colleague Omar Saad Ibrahem Alhamadani

Ashraf E. Mahmoud (PhD)
par Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation,

Looking forward our expertise colleagues answers. 

Mattia Quaglia
par Mattia Quaglia , Actuary / CFA Student , Assicurazioni Generali S.p.A

Personally, I believe it's extremely simplier to handle with standard conditions for every employees.

This solution shuould implies lower insurance premiums (for economy of scale principle), lower effort from HR to manage them throught other employees and moreover (why not?) the possibility to ask to the insurance company, an Ad Hoc policy, fit and property for your company needs.

 

DrSedeek ElHakeem
par DrSedeek ElHakeem , Health Insurance advisor , HICARE

It is related to the organizational culture and the leadership style. Personally, l prefer the unified benefits policy.

Obaid ur Rehman
par Obaid ur Rehman , HR Executive , Al Bahr Al Arabi Marine Engineering Services

Yes. I strongly agree with that. Every employee is part of same family so every one should have same cover.

Ali Ahmad SHRM-SCP
par Ali Ahmad SHRM-SCP , Group HR Performance Manager , FAMA Holdings Group

Just like we wouldn't offer the same salary to all employees - similarly - we can't offer all of them the same class of medical cover. It is a cost to the company and must be based on the position and grade of each employee!

Carsten Ulrich Durchholz
par Carsten Ulrich Durchholz , Owner , Carsten Durchholz Consulting

I'd have a strong tendency for one stanadrd contract. Though there might be well meant reason to diffentiate, it often leads to bureaucracy, more administrative costs and also discussions about the reasons for differences. I'd prefer a keep it simple strategy.

Ahmed Mohamed Ayesh Sarkhi
par Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

no should check the status and nature for everyone

some India or Pakistan didn't like a good grade and went to poliyclink with an indian doctor

 

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