There are two types of medical insurance that have significant advantages. They help to enhance your cover without scrapping your older policies and without costing too much. The first of this type is also called a top-up policy. Suppose you have a policy that covers your family for about 5 Lakhs. You have had this […]
Articles Tagged: health insurance
Religare sells stake in its health insurance business
Published in Mint, on 13th April 2017 Religare Enterprises Ltd, on 9 April announced the sale of its 80% stake in Religare Health Insurance Co. Ltd (a standalone health insurance company), to a consortium of investors led by True North, a private equity firm. Religare will get about Rs1,040 crore for the deal and the […]
Inform your auto insurer when moving to another city
Published in Mint on 13th May 2014, Written by Kapil Mehta I will be shifting to another city soon and plan to take my car with me. I bought it just a few months ago and plan to get it registered there. Do I have to inform my insurance company that I am moving […]
When COVID-19 vaccines become available, will your health policy pay for them?
Published in Money Control. The world is waiting with bated breath for a vaccine that will finally end the scourge of the novel Corona Virus Disease (COVID-19) that has wreaked havoc on lives and economies globally. It certainly seems to be on its way – sooner than originally expected – but will entail substantial cost, […]
Signs of Breast Cancer
Often there are no outward signs of breast cancer that you can see or feel. If there are outward signs, the more common ones include a lump, an area of thickening, or a dimple in the breast. Less common signs include breast swelling and redness or an enlarged underarm lymph node. But even if you […]
Explainer| The third party administrator in health insurance
Published in Moneycontrol. Recently, the Insurance Regulatory Development Authority of India (IRDAI) allowed health insurance policy holders to choose their third party administrator (TPA) while buying the cover or at the time of renewal. This move empowers the consumer and, at the same time, underlines the importance of the TPA in the process of claims […]
The difficulty in rating health insurance products
Published in Mint on 11th January,2015 , Written by Kapil Mehta Two years ago when Mint discussed rating individual health insurance products, I readily agreed. The idea was compelling. And how difficult could it be to put this together? Well, we underestimated the task. There are 26 insurers, offering about 50 health insurance products, over 300 […]
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 […]
As insurance payouts rise, so could your premiums
Published in Mint, on 10th April 2017 From this financial year, your insurance agent is eligible to get a higher payout for selling you a policy, but did you know that this may increase your premium as well? Last month, the Insurance Regulatory and Development Authority of India (Irdai) in a series of circulars has […]
Sub-limits are critical to evaluate in health insurance
Published in Mint on November 27th, 2013, Written by Kapil Mehta Recently my car collided with a bike, due to which the person on the bike and I, both got injured. I have a comprehensive car insurance policy of Rs.6 lakh, which covers my own damage as well. I want to know how much compensation […]