Published in NDTV Business on 9th December, 2017. Before you pay your insurance premium, you should take a relook at your medical insurance policy from all perspectives – premium, benefits and coverage plan. In case you find your policy a little too expensive or unfeasible, you should port it to another insurer. In fact, Insurance […]
Articles Tagged: health insurance policy
Super top-up health insurance plan vs top-up plan: What policyholders should know
Published in Economic Times If you have a health insurance policy with a comparatively low sum assured, you can consider buying a top-up insurance plan. A top-up plan increases the insurance coverage over and above your existing base policy at a comparatively lower cost as compared to increasing the sum assured in the base policy. […]
Critical illness policies: Strengthening your health insurance coverage
Published in Moneycontrol With COVID-19 garnering all the attention across the globe, the other Big C – Cancer – has slipped under the radar for now. The temporary dip in focus, however, cannot mask the potent threat it continues to pose. A recent Indian Council for Medical Research (ICMR) report has predicted that cancer cases in the […]
Insurance companies can now sell short-term covid-19 health plans
Published in Livemint In a bid to offer better coverage to policyholders amid the covid-19 pandemic, the Insurance Regulatory and Development Authority of India (Irdai) has sent out draft guidelines to all general and health insurance companies, mandating them to offer standard indemnity and fixed-benefit plans for covid-19. Life and general insurers have also been […]
Standard covid-19 health insurance policy to cover PPE costs
Published in Livemint In a series of back and forth, the Insurance Regulatory and Development Authority of India (Irdai) has once again revised the proposed standard covid-19 health insurance policy. All general and health insurance companies will now have to offer two products: an indemnity as well as a benefit-based health product for covid-19 from […]
Covid-19 impact: Uninsured PPE kits add to hospital bills
Published in Livemint Mumbai: Hospitalizations in the middle of the coronavirus pandemic, even if a patient has not contracted the virus, may add thousands of rupees in out-of-pocket expenses as insurers are unwilling to cover the costs of personal protective gear as they fall in the list of non-payable items. Patients could end up spending […]
This indemnity-based coronavirus health insurance covers PPE cost. Should you buy?
Published in Economic Times The Insurance Regulatory and Development Authority of India (IRDAI) has directed all general and health insurance companies to mandatorily offer a Covid-19 standard health insurance policy by July 10, 2020. This will be a standard health insurance policy for individuals and families which will provide coverage of up to Rs 5 […]
Your insurance may not pay for significant part of hospital treatment for coronavirus
Published in Economic Times A mediclaim-type health insurance policy generally does not cover the cost of most consumables used in the treatment of a disease or condition in a hospital. In a pre-coronavirus world, that was not a big problem. However, that is not the case now. The number and cost of consumables used in […]
The best health insurance strategy
Published in Mint on 7th August 2017 When you invest for the long term, it is important to make sure that the returns your portfolio gets are ahead of inflation so that you get a real return. Buying health insurance is not much different in this regard—it is important to inflation-proof your health insurance strategy […]
Does Only specific health insurance policies cover covid-19 vaccine
Published in Livemint. If you are worried that the vaccine for covid-19 may burn a hole in your pocket and think that your health insurance policy will come to the rescue, you could be mistaken. Note that only specific health insurance policies will cover the cost for the covid-19 vaccines. Oxford-AstraZeneca, a covid-19 vaccine for […]