Group Insurance Reflects a Company’s Commitment to Its People
Group insurance is one of the benefits companies offer to their staff. It typically provides financial protection when employees face health issues or medical emergencies.
Providing employee insurance also reflects a company’s commitment to employee well-being, since employees are valuable assets who help drive and maintain business performance.
However, many business owners find it difficult to choose the right employee insurance due to the wide variety of options and benefits available. So, what if you want a plan that fits your company’s needs and offers flexibility?
Let’s break it down for you.
Why Employee Insurance Matters
Employee insurance is one of the benefits provided by companies to support the well-being of their employees. This type of insurance helps employees maintain their health, especially when they are facing health issues.
As additional context, the Executive Director of AAJI, Togar Pasaribu, stated that global medical inflation is expected to continue rising and could reach 19% in 2025. This statement was made during an interview with Kontan.co.id on May 14, 2025.
With medical inflation on the rise, employee insurance becomes an essential consideration for business owners. However, many find it challenging to choose the right employee insurance. Most insurance products are offered in fixed packages that are difficult to tailor to the specific needs of each company.
If you’re facing a similar challenge, here’s a solution that might help you.
Administrative Services Only (ASO): A Smart Alternative to Traditional Group Insurance
ASO is a model where a company pays only for administrative services provided by a third party, without purchasing a full employee insurance policy. In this model, the company becomes “self-insured,” meaning it covers the cost of its employees’ medical claims directly.
The third party, known as a TPA (Third Party Administrator) only handles administrative processes such as claim verification, payment, and reporting. The TPA does not bear any financial risk related to the claims.
Why ASO Is a Great Solution for Group Insurance
ASO is ideal for companies that want to:
- Manage healthcare costs more flexibly and efficiently
- Have full control over the health benefits they provide
- Customize health programs based on employee needs and company budget
With ASO, your company can build a more personalized, transparent, and cost-effective healthcare protection plan. Global Excel Indonesia, as a trusted TPA, is ready to support and advise you on the most suitable employee insurance plan.
Make sure to also check out our article about Global Excel Indonesia’s direct agreement services by clicking here.
So, if your company needs employee insurance that truly fits your business needs, don’t hesitate to contact Global Excel Indonesia at +62 21 5084 5400 or email us at Indonesia.Enquiry@globalexcel.co.id. Reach out to us for a consultation on employee insurance solutions.
