What are the benefits of National Parivar Mediclaim Policy

 

National Insurance Parivar Mediclaim is a floater policy that provides coverage for the whole family and that includes self, spouse, parents, and dependent children. All the members can be covered under one Sum Insured. This National insurance policy is considered as the finest health plan for your family since it provides useful coverage.

Features and Benefits of National Parivar Mediclaim Plan

1. Lifelong renewal option is available for this National Parivar Mediclaim Plan.
2. If you buy this National mediclaim policy, you can avail of pre and post-hospitalization expenses up to 30 days and 60 days accordingly.
3. Organ Donor hospitalization cost is included under this National health insurance policy.
4. If 24 hours hospitalization is not needed, then more than 140 daycare treatment costs will be provided.
5. Domiciliary treatment expenses are covered up to 20% of the Sum Insured that is subject to the maximum limit of Rs 50000.
6. Provides coverage for maternity newborn up to 10% of the Sum Insured and that is subject to Rs 30000 for normal delivery and Rs 50000 cesarean delivery.
7. Infertility treatment costs up to Rs 50000.
8. Ambulance charges also covered up to a specified limit.
9. Daily cash allowance for one person up to Rs 300 for a maximum of 5days.
10. Ayurvedic, Homoeopathy treatments are also payable under this National health insurance plan
11. 5 % discount on the base premium for each claim-free year is available under this policy.

Read More

What are the Benefits of Having a Good Health Insurance Plan in India

 

Health insurance is gaining more importance with the passing of time. However, still there are so many people who do not consider it as important. With the COVID-19 pandemic, everyone has felt the significance of having a good mediclaim policy. As can be seen in the news, people are struggling to pay for the cost post COVID treatment. Moreover, they are also struggling to avail beds in the hospital. All these they wouldn't have to face if they had a good health insurance plan. But if you still haven't purchased a health insurance plan, now is the time you should consider. 

And if you are wondering about the benefits of having an ideal health plan, check the below points:

 

●     Health insurance gives you a stress-free life in the event of an unforeseen health emergency. Your medical policy basically takes care of the financial part by paying for the hospitalization and other medical expenses. This way it gives you the ultimate peace of mind.

●     With a good health insurance policy, you can avail cashless treatment benefits across the network hospital of your insurance provider.

●     Mediclaim policies offer free health checkup option which you can enjoy.

●     You can cover your entire family under a single sum insured.

●     Health insurance policy will offer coverage against COVID-19 as well as subject to a waiting period.

●     It will cover the hospitalization expenses before the insured's admission to a hospital and after release.

●     Health insurance plans also cover pre-existing diseases subject to a specific waiting period.

●     A number of daycare procedures are covered under health insurance plans.

●     Health insurance plans can be purchased for the protecting the elderly members of the family members too.

●     Mediclaim plans also covers various critical illnesses depending on the type of plan you are buying.

●     Above all, you can buy a health insurance plan by customizing it as per your unique requirements.

●     There are also a number of health insurance plans that offer coverage for maternity expenses and newborn babies.

So what are you waiting for? Do not waste any more time and jeopardize the protection of your family's health. Make sure that you have the right health insurance coverage. You can click here to check out some of the best health insurance plans online. Before purchasing any particular mediclaim policy, do not forget to compare different plans online. The comparison of online health insurance policies ensures the best coverage for the best price.

Read More

4 Things You Didn’t Know Your Health Insurance Benefits Included

There are certainly more than a few benefits of a good health insurance plan. However, there are still a number of benefits that you didn’t know you could avail of with a good mediclaim policy. Let’s check out these 4 top benefits of a health insurance plan you didn’t know were parts of health policy coverage.

1. Attendant Allowance: A number of General Insurance Companies provide with attendant allowance to adults accompanying the insured at a hospital. This allowance is offered on condition that the insured is a child. In the majority of the cases, the number of days against which an insurance company offers the attendant allowance is fixed. For example, Happy Family Floater Health Insurance Plan from Oriental Insurance provides an attendant allowance of Rs. 500/day for up to 10 days.
2. Daily Hospital Cash Allowance: Health Insurance Companies in India provide extra financial protection so that you can take care of the expenditures that are not covered under the health insurance policy, as the expenses for traveling and food. For example, Hospital Daily Cash Policy from State Bank of India provides a daily cash benefit of up to Rs. 2,000/- per day. This amount can go as high as Rs. 4,000/- per day in the case of accidental hospitalization and ICU.
3. Domiciliary Treatment: There is a number of health insurance providers that have increased their health insurance coverage to comprise the treatment that is taken at home under medical administration. Nevertheless, insurance companies have limited the amount and the number of days against which the benefit can be obtainable. For example, Max Bupa Heartbeat Silver Policy offers domiciliary treatment overage for up to Rs. 15,000/- only. 
4. Free Health Checkup: Additional advantages of health insurance policies include free of cost periodic health checkups to their policyholders subsequent to every 4 or 5 claim-free years. Cashless health checkup is offered by the insurance companies under the condition that the tests are done at impaneled hospitals or medical centers.

So if you are looking for the best health insurance policy that offer you the widest range of coverage, you can click here and grab the best deal from the top health insurance companies in India.

Read More

A Number of Things to Keep in Mind While Buying Health Insurance in India

Few Things to Keep in Mind While Buying Health Insurance in India

Given that there are a plethora of firms selling health insurance policies in India, choosing the right health insurance policy can turn out to be a hard job. Apart from a range of mediclaim policies to pick from, daunting jargons which otherwise are called as policy wordings stimulate the confusion.

Since buying health insurance is a confusing task, following a number of methods can lead you to buy the best health cover. Find out below some of the things that you should keep in mind while buying health insurance in India.

Family Health Insurance

When you purchase any health insurance policy, don’t forget to keep your family members and their respective age in mind. Consider their present ailments (if any) as well as the family’s medical history before buying the health insurance plan. Furthermore, find out among family members if they have any pre-existing diseases before buying a policy.

Waiting Period

Almost all the health insurance providers impose a waiting period for pre-existing diseases. This waiting period can range from two years to five years and differs from one insurance provider to another. You must keep that number in mind while buying a health insurance plan online in India. The best way to escape from this waiting period trap is to buy a health insurance plan in your youth since in such cases there is technically a less chance of you filing a claim and in this way, you can clear the waiting period with ease with time.

Claim Process

The easier the claims procedure and the quicker the settlement of the claims, the better it is for the health insurance policyholder. So, these two are key factors must be kept in mind in terms of choosing a health insurance policy. Good customer support from the insurer is an additional advantage that one should look for.

Choosing the right insurance amount

At the time of choosing a health insurance policy, one must go for the amount intelligently since it covers the medical expenses for a year. Consider your age; the younger you are, lower the Sum Insured amount you require. You should also take a look at your income levels to analyze the affordable premium. An additional essential aspect is the add-on covers since they impact premium amounts. You must make sure that you chose a Sum Insured that won’t fall short in the event of a health emergency.

Network hospitals

You should always check cashless network of hospitals available with the insurance company you are buying a policy from. In case of a medical emergency or hospitalization, network hospitals offer a cashless option. The insurance provider settles the medical bills directly with the hospital. You should always opt for the insurance providers that have a high number of network hospitals.

Read More

A Brief Overview about Health Insurance Cashless Hospitalization Policy

Health Insurance Cashless Hospitalization Policy

Have you ever come across such a situation where you need money at mid-night due to the hospitalization of some of your family members? If so, then you may definitely know how difficult to handle such circumstances. That is why health insurance providers offer cashless hospitalization facility with their health insurance plans. Cashless hospitalization facility of Health insurance is designed to avoid those emergency cash crunch situation. As per this policy, you do not need to pay a single penny from your pocket, your insurance company will settle everything directly. Here, in this article, we will discuss in details about cashless hospitalization.

How Cashless Hospitalization Works?

Health insurance companies tie up with different hospitals after evaluating their quality and services. These hospitals are called network hospitals and when you get admitted to those hospitals, you do not have to settle the bill, your concerned insurer will settle all the bills with a hospital. You have to follow the below-mentioned methods to complete cashless hospitalization process.

Planned Hospitalization

If your hospitalization is planned and you are unable to determine the network hospitals list then you should check your policy document or call the toll-free number to know the network hospitals. In such case, below mentioned steps you should follow,

·         Get the pre-authorization form from the hospital insurance desk or download through the TPA website. The form should be appropriately filled by the patient and the doctor.

·         Then you should submit the form to the insurance desk where it is carefully reviewed for its authenticity check.

·         It then submits to the TPA or Third Party Administrator and the TPA then approves the same.

·         Finally an approval is sent giving the sanctioned amount details.

Emergency Hospitalization

In case of emergency hospitalization, you should follow the below-mentioned steps:

• ·   You have to show your health insurance card that holds the policy number and the type of coverage you have.
• ·  Then fill the authorization form available at the insurance desk to accelerate the process.
• ·   If you are unable to wait for the sanction from the TPA, you can settle the hospital bill and later file a reimbursement claim.

Advantages of Cashless Hospitalization

• ·  Policyholders do not have to worry about the monetary assistance in case of a hospitalization.
• ·   You are surely getting the best medical treatment while you know you are sufficiently covered.
• ·  Under cashless hospitalization, you will get the coverage for ambulance charges, toiletries, service charges etc.  

Read More

Benefits of Health Insurance Policy in India

Benefits of Health Insurance Policy

Due to the increasing medical costs, health insurance has become a necessity for every individual. Comprehensive health insurance policies provide complete protection and work as the much-needed back up during any unforeseen medical exigencies that demand instant and quality treatments. Most of the health insurance policies in India come with an ample range of benefits to keep the policyholders financially safe and secured. Here in this write-up, we will discuss the benefits of health insurance. You can have a look below to know about the benefits of health insurance policies. 

Financial Back up

An effective health insurance policy helps for a stable financial planning. Since a comprehensive health insurance policy covers medical expenses during both emergency and planned hospitalization; it helps to plan your finance better. You can also plan your investments in advance as medical insurance plans come with a wide range of premiums.

Health Insurance Policy can be customized

If you own a health insurance plan you have to pay a premium during renewal in order to enjoy continuous protection and benefits. However, many times, you may end up paying more than you need to. Hence, you should buy your health insurance plan that can be customized and pay premium accordingly. Best health insurance plans in India come up with a customization feature, thus you do not have to pay more than you should.

Recovery Benefits

Your medical expenses are not limited to the cost of hospitalization, you have to spend on treatment and care before getting hospitalized and after being released from the hospital as well. Most of the health insurance plans in India cover medical expenses before and after hospitalization - the coverage is available for 30 days before hospitalization and 60 days after hospitalization. However, some health insurance providers offer this coverage 60 and 90 days respectively.

Cashless Treatments

All medical insurance companies in India have its own network hospitals that offer cashless treatment facility towards their respective policyholders. These hospitals are located across India so that policyholders from all the cities can avail the required quality treatment in their vicinity in case of an emergency or also for planned hospitalization. Best health insurance companies boast over thousands of hospitals in their panels to offer cashless treatments.

Protection for Lifetime

Best health insurance policies come with a lifetime renewal option which is highly beneficial for you. You can stay secured throughout your life by paying a premium on your health insurance policy. Health hazards are frequenting and trigger higher costs during advanced age and a health insurance with lifelong renewability protects all health-related costs and provide elderly people with much-needed peace of mind. 

Read More

Things to Keep in Mind before Buying Health Insurance Online in India

Things to Keep in Mind before Buying Health Insurance Online

Health is the most important treasure in our life. Since health is the real wealth we must make sure that this genuine wealth of ours is totally protected against any danger that could come out of the blue. This is the reason why health insurance is mandatory for all. Since we can’t really predict any unforeseen circumstance or situation, it should be your prime duty to keep the health of yours and your family or loved ones totally safe and secured.

Expenses related to medical and hospitalization costs have soared high over the last few decades. Arranging fund for the treatment at any given time could become a huge problem. Plus you don’t really have any guarantee whether your savings would be enough for the treatment costs. You might have to say goodbye to your lifelong savings. So buying health insurance is the only way to battle with these factors. But there are a number of things that you must keep in mind before buying health insurance online to ensure the highest coverage and instant hassle-free claim settlement.

Compare Health Insurance

Nowadays there’s no lack of health insurance providers in India. But not every insurer will present to you the best mediclaim policies. In the past, we had to rely on our agents very much to settle for the health insurance policy. But now in present, you don’t have to be dependent on anyone in terms of buying or renewing health insurance. All the health insurance providers are available online and you can compare them on the basis of your needs and premium. After the easy and fast comparison of various mediclaim policies, you can be sure to procure the best health insurance online.

Check Waiting Period

All the health insurance companies impose a boundary of waiting period before you can get coverage on certain pre-existing diseases. Some companies force 2 years of a waiting period while some forge 4 years of a waiting period. You should always go for a health insurance provider in India that imposes the lowest waiting period.

Check Network Hospitals

Always go for a health insurance provider that has the highest number of hospitals registered with their network. From the network hospitals, you can avail cashless treatment without spending any cash from your own pocket. Your health insurance provider will take care of it all.

Claims Settlement Ratio of the Company

Claims settlement ratio stands for the number of claims a company has settled in a financial year. Whichever company you choose to buy health insurance from, make sure that the insurer has the highest claim settlement ratio. This builds a good reputation of the insurance providers in terms of their claims paying aspect.

These were some of the factors that you must keep in mind before buying health insurance in India. Also, you must make sure you check out the premium and add-on covers. Obviously, you wouldn’t like to buy any extra cover that you don’t need or end up paying too much for a health insurance plan that you don’t even get to use them properly.

Read More

Why Health Insurance is a Must in India?

Health Insurance is a Must in India

In this fast-paced of life, sedentary lifestyle leads to various untimely diseases even among young generations. Life-threatening ailments are common affairs now and even young people are falling prey to this type of critical illness. The cost of treating various diseases has also increased by leaps and bounds in the last few decades. Since the Government of India spends very few on public healthcare, Indian citizens are forced to resort to private health facilities to avail standard treatment at an exorbitant price. Many a time, people run from pillar to post in order to arrange money for the required treatment and many people also go bankrupt as they spend out everything to meet high treatment expenses.

All these catastrophes lead to the alarming fact that, penetration of health insurance in India is disappointingly low. But it is actually high time that people in India avail health insurance plans and stay financially safe and secured even during the days of medical emergencies. Many health insurance companies in India offer incentives in the form of Sum Insured enhancement or premium reduction as a part of their wellness program. This inspires many health insurance policyholders to stay healthy and make efforts to be healthier and say goodbye to their stressed-out and hectic lifestyle. 

Health insurance companies in India also offer many other benefits. Cost of hiring ambulance, free medical check-up are some of the value-added services available with best health insurance plans. Hence, medical insurance plans not only cover treatment costs but also encourage policyholders to stay healthy by providing these benefits. But what does a health insurance online plan in India exactly cover and who can avail this coverage?

Health insurance plans are designed for individuals, families, senior citizens. All Indian citizens are eligible for health insurance in India. If you take care of a family, you should go for a family floater health insurance plans. The beauty of floater plans is all the family members can use the same coverage in the same year up to its exhaustion and for a single premium. So, you just have to pay a single premium on your medical insurance plan to keep your entire family safe and secured. If you have senior citizen parents at home, you should buy them separate senior citizen health insurance plans. The reason behind not including senior citizens in the floater policy is the premium of a family health insurance plan depends on the age of the eldest family member included in the plan. If you include your parents in the same family health policy, you would have to pay a lot more than you have to.

Health insurance plans not only cover hospitalization expenses but also cost of treatment and care for a specific number of days before and after hospitalization. Mediclaim policies also cover many other expenses such as boarding, room rent, cost of oxygen, blood, fees of doctors, nurse. Some health insurance online plans also cover organ transplant costs and unconventional treatments like Unani, Homeopathy etc.

Read More

How to Avail the Best Health Insurance Policy?

The Best Health Insurance Policy

It is a tricky job to choose the best health insurance policy from a plethora of health insurance plans offered by different health insurance companies in India. A bunch of questions rises in our mind while opting for mediclaim policy. Should I go for the medical insurance that is the cheapest or should I opt for a specialized health insurance plan that covers any pre-existing diseases? Yes, it’s a bit confusing when the question is about the best health insurance policy in India that covers all your requirements. Well, here are some of the top health insurance mistakes to avoid while buying mediclaim policy to help you choose the best health insurance policy in India.

Low Premium is Not Always Best: Most people focus on the premium when buying health insurance plans in India. Cheap health insurance policies impose limitations in terms of diseases covered within the particular medical insurance plan.

Compare Health Insurance Online: You should compare health insurance plans online offered by different health insurance companies in India to select the best health insurance policy as per your requirements. Always remember that selecting the best medical policy should be your top priority while buying online health insurance.

Read More