The Cost Burden

The cost burden of group health insurance for corporations is rising with no sunset in sight. With medical inflation rising, it will soon be impossible for employers to fully cover employees' hospitalization costs.

It's imperative that this cost burden is shared, and employees need to be proactive about securing personal health coverage for themselves and their families.

Employers can diversify coverage by providing income protection covers. These protect employees from income loss due to medical conditions or accidents, including mental illness. This product is relatively inexpensive and doesn't significantly impact the corporate budget. It offers holistic coverage for employees and addresses the cost of absenteeism for employers.