{"id":4559,"date":"2022-07-11T06:34:00","date_gmt":"2022-07-11T06:34:00","guid":{"rendered":"https:\/\/www.beneple.com\/?p=4559"},"modified":"2023-01-11T05:01:00","modified_gmt":"2023-01-11T05:01:00","slug":"what-to-consider-when-renewing-your-group-medical-insurance","status":"publish","type":"post","link":"https:\/\/www.beneple.com\/what-to-consider-when-renewing-your-group-medical-insurance\/","title":{"rendered":"[3-min read] 6 Things to Consider Before Renewing Your Group Medical Insurance"},"content":{"rendered":"
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It’s that time of year again when you have to work on your company’s group medical insurance renewal. What should you be considering this year to ensure you get the very best deal for yourself and your coworkers?<\/span><\/p>\n Well, if you are in an HR function or part of the hiring team, this decision will have a bearing on everyone at the company and any future hires over the coming 12 months. So it is important to get it right. Studies have shown that expatriate employees, especially in the UAE where the cost of healthcare is eye-watering, will often take into account a company’s health insurance scheme as part of their decision to accept an offer or not. <\/span><\/p>\n That works both ways, a good health insurance scheme is not just a great talent attraction tool, but also an excellent retention tool as well. This is even more relevant when you are hiring for a senior or C-suite position that will often be an older more experienced candidate with family members to consider also.<\/span><\/p>\n \n \n1.) Are the benefits sufficient for your group medical insurance?<\/strong><\/span><\/h2>\n