InFocusInsurance

VITAL Launched Comprehensive Group Health Coverage for SMEs

The first-of-its-kind monthly subscription-based offering will also cover wellness benefits, including maternity which was only available to large enterprises before

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The one-stop healthcare insuretech platform offering tailor-made, comprehensive and pocket-friendly health plans designed specifically for every member’s individual needs, VITAL announces a first-of-its-kind monthly subscription-based group health plan for SME and newly instituted startups. This latest addition to VITAL’s portfolio emphasises not just health insurance but also covers essential healthcare expenses of the employees as well as their family members.

VITAL’s comprehensive group health plan aims to provide an overall health and wellness package to the professionals associated with small businesses or newly established startups. It covers benefits like health insurance with COVID-19, full-body health check-ups, pharmacy benefits (flat 25% discount on medicines), unlimited tele-consultations, nutrition programs, fitness classes, mental well-being, and even maternity treatment.

Starting at a monthly subscription of INR 289 for INR 3 lakhs cover, INR 324 for INR 5lakhs cover and INR 419 for INR 10 lakhs cover, the convenient and pocket friendly plans are easy to manage and have no waiting period on policy claims or limits on the coverage. The easy-to-use app will allow the employees to manage their benefits and get 24×7 dedicated support.

Meanwhile, the employers can enjoy an intuitive dashboard for adding and removing employees with a single click on the intuitive employer dashboard. This gives them complete flexibility to manage their employees.

Speaking on the development, Rahul Kumar, Co-Founder and CEO of Vital said, “For a growing business, health insurance is a critical factor in retaining and safeguarding it’s employees. To maintain employee satisfaction and enhance productivity, providing health insurance at a nominal cost can do wonders for an organisation. With the anticipation of a third wave, all enterprises, irrespective of size and industry, are adopting health insurance for their employees. In fact, most employers are now seeing this as a key demand for their employee base. Vital’s group corporate health plan offers flexibility to employees associated with small companies so that they can avail the maximum benefits of a standard health insurance. Even after moving apart from the company, the employees can continue with their policy as their personal plan.”

VITAL’s Group Health plan is currently being adopted by hundreds of SMEs and startups, including Imarticus Learning, The Man Company, Skylo, TradeMo, etc. and the numbers are simply increasing every day.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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