MFine sees a 210% growth in corporate signups; to partner with over 200 organizations by end of 2020
PUNE: MFine, an AI-powered, on-demand healthcare service that enables virtual medical consultations, is now being used by over 200,000 corporate employees and their families for preventive health checks, mental health consultations, and advanced screenings. Organizations in India are now fast turning to telemedicine as part of their employee health programs. The MFine Corporate product has seen strong growth in the last two months with more than 35 organizations partnering with the company to offer virtual OPD consultation benefits to their employees.
The COVID-19 outbreak has pushed employers to take employee health seriously and many are offering various solutions that go beyond hospitalization benefits. Traditional health benefits in most corporations are health insurance with hospitalization cover, annual health checks, and Employee Assistance Plan, all of which are reactive and applicable only when someone falls sick and /or needs hospitalization. This is set to change as most people are now aware of the consequences of deprioritizing their own health and the cost attached to medical care. With the Coronavirus outbreak, social distancing measures, and added mental stress, employees are asking for comprehensive healthcare packages as part of their employment contracts. Apart from hospitalization benefits, some of the most common requested inclusions are teleconsultation, specialties such as gynecology and pediatrics, mental health cover, OPD visits, and home health checkups. Recently, IRDAI has also mandated health policies to cover telemedicine consultations.
Telemedicine is powerful because it gets employees a doctor’s appointment without the need to travel to the doctor’s clinic. During this time of social distancing, the technology has the power to provide care for patients without exposing them to the COVID-19 health risks that will be present in most of the hospitals for months to come. Virtual visits can help manage chronic conditions and with more companies offering work at home strategies, there’s a surge of interest in and the necessity of, general health and well-being also being managed from the home.
The MFine Corporate Product offers a range of packages for organizations to choose from according to their requirements.
Users get a valid prescription at the end of a consultation and can get medicines delivered using the MFine app. In addition to virtual visits, MFine also allows for a physical follow up with the doctor at hospitals for no additional costs. Apart from teleconsultations, employees can avail on-the-job medical screenings, which has been live on MFine for the last 2 years.
MFine is helping many large organizations such as OLA in providing telemedicine as part of the overall corporate health program. The company aims to add 200 more corporates in the next 6 months.
Sudhir Bhat, Human Resources, ANI Technologies Limited said, “Staying healthy is vital for a happier and more productive lifestyle and providing access to primary healthcare for our employees will ensure that they stay healthy, and keep their families safe. We are happy to have MFine as our corporate healthcare partner. Our employees are especially happy to have access to MFine’s services as they can access top doctors. We hope to see more innovation emerge from MFine that can redefine the state of healthcare in India.”
Ashutosh Lawania, Co-Founder, MFine said, “The new realities of healthcare delivery in a post-COVID-19 world will necessitate the continued use of telemedicine to support social distancing and maximize healthcare resources. The COVID-19 epidemic has also fundamentally changed the benefits landscape. Employers offering telehealth benefit from a healthier and more productive workforce while employees benefit from a convenient form of medical care. It’s a solution that is going to underpin employee wellbeing initiatives in the years to come.”
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