Papaya Global, a fintech company offering payroll and payment solutions, has introduced a new high-end healthcare benefits program. The new plan offers international health insurance coverage in over 160 countries, simplifying the process for Papaya's clients to provide customized employer-sponsored health insurance for their employees. This announcement is a testament to Papaya's commitment to supporting global organizations and their staff while further expanding the company's offerings.
Papaya’s solution offers ‘group buying power’ to deliver excellent healthcare benefits to businesses of all sizes. The company provides comprehensive and flexible employee health insurance plans globally. This unique approach simplifies health benefits management across multiple countries and streamlines the process for its clients. Furthermore, offering a comprehensive medical plan enhances Papaya's clients' ability to attract and retain top talent worldwide without the administrative hassles of traditional health insurance.
The primary advantages of the new health insurance plan for employees include:
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Comprehensive global coverage in over 160 countries, including emergency medical coverage for up to 60 days away from the employee's home location
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Freedom to choose any healthcare provider without restrictions
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Access to customer support around the clock via various channels such as WhatsApp, phone, email, and messenger
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Coverage for both inpatient and outpatient services, as well as alternative medicine options
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Inclusion of wellness screenings coverage
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Maternity leave benefits
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Provision of dental and vision coverage
The key advantages for employers are:
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No minimum headcount is necessary to enroll in the program
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The registration process is streamlined, and medical questionnaires are not mandatory for groups
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The program offers consistent medical coverage for employees working in different parts of the world
Eynat Guez, Papaya Global CEO, said, "With a dispersed and growing global workforce, we wanted to improve the employee experience for all of our team members, especially those who may not have access to comprehensive health benefits in various global locations.” She further added, "This new partnership with DavidShield will accomplish that — employees will now have easy-to-use and flexible access to medical, dental and vision benefits no matter where they work. This upgrade in benefits reflects our continued commitment to our employee experience and to helping our clients build strong workplace cultures worldwide through an equitable benefits plan."
(Source – CISION PR Newswire)
About Papaya Global
Papaya Global is a fintech company that offers SaaS solutions for global payroll and payments specifically designed for large-scale organizations. With a tech-first approach, Papaya provides an all-inclusive automated solution that offers finance teams the visibility, speed, and flexibility required to manage workforce spending efficiently. The platform serves as a central hub that consolidates data streams, integrating with HCM and ERP tools to establish a single source of truth. By transforming payroll - typically a significant liability and expense - into a strategic asset, Papaya enhances business operations significantly.