To retain their workforce and to boost their wellbeing, most companies provide health insurance covers along with other welfare measures like retirement benefits etc to their employees.

Health insurance not only serves as a motivating factor for the employees, but also reduces absenteeism due to illness with timely availability of treatment with no or reduced payouts.

The widespread disruptions due to the Covid-19 pandemic also highlight the importance of having a health insurance cover. The widespread illness and loss of lives during Covid peaks made more people to seek health insurance covers and more companies to provide the facility to their employees.