Group Medical Insurance

What is group medical insurance?

Group medical insurance is a valuable employee benefit that provides access to private healthcare services. Offering this benefit can enhance your employees' wellbeing, reduce absenteeism, and attract and retain top talent.

Group medical insurance is an insurance policy that covers the medical expenses of a group of employees. It typically includes consultations, specialist treatments, surgeries, hospital stays, and more. Cover can also be extended to the employee’s immediate dependants, either at the employers' cost or the employees’.

Offering Group Medical Insurance can reduce sickness-related absenteeism and its related costs and result in improved employee health and wellbeing, which, in turn, can lead to increased productivity. It can also make your company more attractive to potential hires and help with staff retention.

Benefits to employers

• Sends an unequivocal message that the health and wellbeing of your employees is a priority.
• Helps to minimise sickness absence.
• Earlier returns to the workplace can help ease any necessary workload reallocation.
• Minimise disruption to your business and to other employees.
• Will help to keep employees happier, healthier and more productive.
• Nurtures loyalty and attracts top talent.
• Costs can be treated as a bona-fide business expense.

Benefits to your employees

• Fast access to treatment when they need it most.
• Peace of mind that healthcare advice and treatment are available without long wait times.
• Mental health services - Some group medical insurance policies cover mental health support services
• Access to virtual GPs - Many insurers offer a 24-hour virtual service, providing an initial assessment in the comfort of your own home.

Looking into Group Medical Insurance in Singapore? Start with advice you can trust

If you're exploring group medical insurance for the first time or looking to get more value from your current plan, our team of specialist consultants is here to help. We know every business is different , which is why our advice is always tailored, independent and built around your specific needs, people and budget.

With local market expertise and a people-first mindset, we look beyond price and policy terms to ensure your plan works for your team, not just on paper, but in practice. From coverage to claims support, we’ll help you make confident, informed decisions at every step.

Because when it comes to your employees’ health and wellbeing, only the right fit will do.