Health Insurance is a good benefit for employees. When employees start a new job, they usually look at the benefits, yes the salary is the main concern but a good list of benefits also helps you attain good employees. If you want to hire quality people, you should also have quality benefits. A job is usually rated as a good job if there are benefits included, especially health insurance. You can usually get a discount if you apply as a company - there are also plans that are designed for small or big companies. There are of course different options for group clients. The best way to know what is best for you is to figure out what you want in terms of coverage and then talk to a broker about the options available for your company.
Coverage for hospitalization purposes, meaning that you are admitted and required to stay overnight or a couple of days due to doctor’s recommendation.
Coverage for doctor’s visits and outpatient procedures that do not require you to stay in the hospital for observation. This includes prescribed medications and lab exams that doctors prescribe.
Coverage for Vision related concerns, this coverage includes prescribed eyeglasses or contacts or any exam or checkup related to your vision.
Coverage for Dental related concerns, this coverage includes normal procedures, cleaning, fillings etc. This however does not cover anything related to cosmetic procedures.
Helps lower the cost of your premium, a specified amount of money that the insured must pay before the insurance company will pay a claim.
Other insurance policies include Maternity cover, plans in Thailand do not have the option to take this out, it usually comes with the plan as a bonus or the plan is a much higher plan so it includes maternity coverage.
*Maternity coverage usually has a 10-month waiting period or 1 year, depending on what insurance company you decide to go with.
Most but NOT all insurance companies offer a no claim bonus, should you have no claims for the year, some insurance companies give a 10% reward discount to clients so their premiums will be less.
Requirements for applying for a corporate group health insurance :
- There should be at least 5 members to be eligible to apply for group health insurance.
- Completed application form from each member
- Passport / National ID with signature
- Corporate affidavit which is issued by registrar / Company Certificate
- P.P. 20 (VAT Registration)