Pocket HRMS Partners with Plum to Offer Seamless Health Insurance and Wellness benefits

Pocket HRMS Partners with Plum to Offer Seamless Health Insurance and Wellness benefits

Pocket HRMS, India’s only ‘smHRt’ Payroll & HR Software has partnered with Plum Insurance, India’s leading employee health Insure Tech platform, that is revolutionising the way corporations think of employee insurance and wellness benefits. With simplified plans and easy claims, Plum is a fully digital customizable group insurance solution for modern businesses.

If any company using Pocket HRMS wishes to activate this partnership and use Plum as their insurance provider, they can enable it by simply activating the integration from the Marketplace with starting introductory price of Just Rs. 99/-* Per Employee Per Month for Health Insurance Coverage of Rs. 2 Lacs

“Pocket HRMS has always been about providing the best Human experience for the HR teams and employees. Hence, we are proud to partner with Plum, a digital-first insurance provider that thinks in a similar vein. Both, Pocket HRMS and Plum, have the common goal of making corporate life simpler for the administration and the staff. That is why we constantly come up with innovative products and simplified integrations like this one!” noted Mr. Jitendra Somani, Co-Founder of Pocket HRMS.

Benefits of the Partnership

  • Customised employee benefits plan with comprehensive coverage
  • Exclusive discounts on health benefits to Pocket HRMS customers
  • Free access to Plum’s platform for HR/Founders and employees
  • 24×7 emergency claims support over WhatsApp/App/Call

“As platforms, both Pocket HRMS and Plum, intend to help businesses be more effective, while our software takes over specific tasks like HR management and insurance. Choosing Plum as a partner was obvious, as our endeavours match,” added Mr. Jitendra Somani, Co-Founder of Pocket HRMS.

“We understand that the modern CHRO or HR partner in any organisation is pressed for time and it is our goal to simplify any cumbersome process through our platform. Further, the conversation around insurance and benefits is a non-negotiable for any company that wants to be an employer of choice. Hence, partnering with Pocket HRMS not only helps us cover more lives, but also ensures that no one is bereft of the best benefits suite that a company can offer,” said Abhishek Poddar, Cofounder and CEO of Plum.

Pocket HRMS has embarked on a journey to join hands with strategic partners to fulfil their vision of ‘Digital Bharat 2.0’. Partnering with Plum has helped them move a step ahead in their journey to utilise modern technologies and advanced algorithms for streamlined employee care. They have been successfully applying artificial intelligence, machine learning, facial recognition, AI-based chatbots, and other advanced technologies, in their pursuit to streamline HR operations. Being a cloud-based software provider, Pocket HRMS caters to a wide range of companies ranging from start-ups to SMBs to MNCs. The scalability, flexibility, customizability, and security offered by the software are unparalleled in the Indian HR technology domain.

About Pocket HRMS

Established almost two decades ago, Pocket HRMS is a leading HRMS software in India. Its core values are, ensuring the best in customer service, cost-effectiveness, and robust module offerings. The latest update has incorporated an improved AI-based attendance system and an AI chatbot – smHRty, that can interact with employees to apply for leaves, answer queries, and more. Additionally, Pocket HRMS offers HRs a unique global look at their database with smHRt searcHR, a unique implementation of its kind in the HR domain.

About Plum

Plum is an employee health insurance platform that provides health benefits to corporations. The company is on a mission to accelerate the adoption of health insurance in India by making employee health insurance accessible, affordable, and usable for employees. Recently, Plum received certifications from ISO/IEC 27001:2013, SOC 2 Type 2, and GDPR compliance. It is re-imagining the health insurance stack and accelerating the penetration of health insurance in India to 100%. Plum aims to reach a milestone of 10 million lives insured by 2025. Plum is backed by Tiger Global and Sequoia Capital.

Contact us

www.pockethrms.com | sales@pockethrms.com | 022 6768 7872

 

Here’s why you need health insurance before you turn 30

Here’s why you need health insurance before you turn 30

It is a common consensus among the general population that buying health insurance is for middle-aged people. However, you can always have a solid support system in case of a medical emergency in the form of health insurance as early in your life as possible. Increasing work-related stress and unhealthy eating habits are proving to cause major health-related conditions such as heart disease and diabetes among today’s youth. Cases of heart attacks and other lifestyle related illnesses are on the rise for people under 40 years of age. That is not only shocking but also shows concern. So, it is best not to put off buying a health insurance policy till you are older or middle-aged. With the rise in various lifestyle diseases people realise that putting the option of having healthcare support in the form of long-term health insurance plans on the pedestal is not a good idea. When you buy health insurance before you turn 30, it allows you to be ready for any unforeseen event and afford the best quality care. Buying health insurance early in life also lowers the financial and psychological burden imposed on your family by illnesses and health conditions.

Here are the top reasons why you need health insurance before turning 30:

  • Pay lower premium:

The cost of a health insurance premium depends upon various factors, such as age, medical history, city of residence, etc., of the insured. If you buy a health insurance policy early in your life, you will have to pay less premium amount for your policy. The cost of health insurance premiums increases as you age because of the increase in associated risks. Hence, buying a health plan before you turn 30 will help you save on the premium amount.

  • The less financial burden and more security:

Unforeseen circumstances are a part and parcel of life. One can never predict an accident or diagnosis of critical illness without any clear persistent signs. However, if such an event of medical emergency occurs, the treatment expenses can be significant. Buying a health insurance policy provides you with access to healthcare facilities when you require them, without having to pay out of your pocket. This way you can keep your savings secured and not feel any financial burden.

  • Increasing lifestyle illnesses:

The fast-paced life today has given rise to the occurrence of lifestyle illnesses and disorders such as heart conditions, cancer, lung conditions, diabetes, and stroke, claiming younger lives. Therefore, buying health insurance is no longer just for the elderly but crucial before turning 30. Many health insurance policies offer annual health checks ups and discounts in family plans in order to encourage health awareness. Preventive services undertaken by some health insurance providers can help you in getting counselling, screenings, and vaccines to manage your health.

  • Lower Claim Rejection Rates:

There are high chances of getting diagnosed with specific health conditions in later stages of life and if health insurance policy is bought after being diagnosed, there may be a waiting period of 2-4 years to get these conditions covered. Hence there may be a higher chance of claim rejection if any claims are raised pertaining to these health conditions during the waiting period. In such cases, the entire burden of treatment falls upon you, which may deplete your finances.

The above reasons will help you make an informed decision and buy comprehensive health insurance coverage before you turn 30.

This article is authored by Ravichandran N, the Chief Technical Officer at Kotak General Insurance, and views expressed in this article are the author’s personal views.