Group Insurance Programs for Employees

In recent years, the health sector has shown significant changes in Greece, with the main characteristic being the large shift of people to Private Care, with the aim of ensuring a higher quality of services.

As a result of this shift, the Group Health Insurance Programs of a company's employees have become a very important benefit, which is highly valued by employees. Considering that the most valuable asset of any company is its people, it is very important that they feel safe. Therefore, their additional insurance support is a precious benefit that gives them value that translates into an improvement in their loyalty and commitment to the company.

As far as the choice of benefits is concerned, there is great flexibility, so that the financial proposal can be shaped according to the company's capabilities. Benefits can be:

• Outpatient benefits,
• hospital benefits,
• Physicians Fees,
• Post-operative rehabilitation,
• Allowances,
• Check-up

In addition, a further important benefit offered to employees by the Group Health Insurance offer is the ability to reduce the cost of their individual private insurance policy.

STAR GROUP has great expertise both in the management and support of group policies, as well as in the management of individual policies with deductibles proportional to the Group Insurance limits, resulting in a drastic reduction of insurance costs for each employee.

In times of economic instability and uncertainty about the future, offering a savings plan on a group basis is another very important benefit to employees that will make them feel more optimistic and confident about the future.

These programs are flexible and designed based on the insurance needs of employees and the business, combining ease of management and transparency.

But a group pension plan not only benefits the employee, but also the company.

• acts as a tool to attract and retain competent executives
• it works as a supplementary benefit, is not integrated into the employees' salary and can be stopped at any time
• it is not burdened with employer contributions and enjoys a tax exemption
• builds relationships of trust
• creates an image of prestige and high professionalism, offering added value
• gives the flexibility to the company to redefine the amount of the contributions depending on the current conditions

• supplements and upgradesshrinking Social Security benefits, providing a sense of security and safety for post-retirement living standards
• it enables the accumulation of retirement funds through future returns
• it is a more substantial benefit than an equivalent increase in gross earnings or any bonus payment, because Social Security contributions are not withheld and, indirectly, income is enhanced
• provides the employee's family with protection against unforeseen events
• the payments of insurance premiums and benefits are subject to specific tax treatment.

The specialized staff of STAR GROUP can guide you and suggest the ideal solution for your business needs.