Mediclaim Policy

HDFC Ergo New Healthwise

HDFC Ergo offers New Healthwise, a health insurance policy which covers the insured person for in-hospital medical treatment and other related expenses for sickness and injury.

The policy covers hospital room charges, specialist fees, in-hospital medical treatment, organ donors expenses, cost of health check-up, ambulance charges, etc. It also provide hospital cash for 15 days of continuous hospitalization. All pre-existing diseases are also covered after 4 continuous claim free years.

Features-

1. Cashless hospitalization at over more than 4000/- network hospitals across India.
2. 5% bonus on sum insured for every claim free years.
3. Family discount up to 20%
4. Option to cover spouse, dependent children and parents.
5. Premium paid is eligible for tax benefit under section 80D of the Income Tax Act,1961.

Eligibility-
This policy is available to anyone up to the age of 55 years. The sum insured ranges are Rs.1,00,000/-, Rs.1,50,000/-, Rs.2,00,000/-, Rs.3,00,000/-, and Rs.4,00,000/- and Rs.5,00,000/-

Apollo DKV Maxima 360º Health Plan

apollo dkv offers Maxima, a unique 360º Health Plan. Maxima is initially available in India’s top six cities-Delhi, Mumbai, Hyderabad, Chennai, Bangalore and Kolkata.

Maxima is one of the best health insurance available in the market. The benefit includes Rs.3,00,000/- inpatient insurance cover with pre and post hospitalization cover, day care procedures/surgeries, cashless OPD expenses across trusted network of pharmacies foe pharmacy bills, diagnostic centers for diagnostic tests, dental and optical care centers for contact lenses, spectacles and dental treatments, annual health check up, etc. It also allows customer to choose the doctors of their choice outside the trusted network hospitals on a reimbursement basis as per the plan.

Features-

1. Cashless hospitalization service at over more than 4000 network hospitals, including 42 Apollo group hospitals.
2. Cumulative bonus of 10% for every claim free year, maximum up to 50% of the sum assured. (For inpatient treatment only)
3. Tax benefit under section 80D of the Income Tax Act,1961.

Tata AIG Health Insurance Plans

tata aig life insurance is a leading life insurance company in India that offers array range of health insurance at very affordable rates. They provides financial protection in the event of unexpected medical emergencies for you and your family.

List of Tata AIG Health Insurance-

• tata aig life Health Protector-5Year Guaranteed Renewal Accident and Health Plan
• TATA AIG Life Invest Assure Health
• Tata AIG Life Health Investor
• Tata AIG Life Invest Assure Care
• Tata AIG Life Health First

Tata AIG Provides detail information about these products to offer complete insurance protection to you and your family. Theses health insurance policies gives excellent policy benefit and hassle free claim settlement.

tata aig health insurance policies also offers tax benefit under section 80D of the Income Tax Act,1961.

Star Health Insurance- Star Crticare Plus

Star Criticare is a unique health insurance from Star Health Insurance. This plan is available in two sections:regular hospitalization benefits and major diseases benefits.

Section-I

It provides reimbursement for in patient hospitalization expenses incurred as a result of sickness/illness/diseases and accidental injuries. It includes room rent, boarding expenses, surgeon’s fees, consultant fees, anesthetists fees, nursing expenses, cost of medicines and drugs, cost of blood, oxygen, diagnostic cost, pacemaker and related expenses. Emergency ambulance charges are also covered for the transporting the insured patient to the hospitals up to sum of Rs.750/- foe per hospitalization, subject to maximum of Rs.1500/- per policy period.

Section-II

It provides for lump-sum in case the insured person is diagnosed with a major illness as listed below.

• First diagnosis of Cancer, Chronic Kidney Diseases, Hepatoma, Brain Tumour.
• Undergoing first time-major organ transplant
• First time occurrence-Cerebro-Vascular Stroke causing Hemiplegia, Acute Myocardial Infarction resulting in Left Ventricular Ejection Fraction of <25%.
• Established irreversible Coma
• Established irreversible Paraplegia
• Established irreversible Quadriplegia

Tax Benefit-

Premium paid by cheque or credit card is eligible for tax benefit under section 80D of the Income Tax Act,1961.

Eligibility-

Any person aged between 18 years and 65 years can opt for this insurance. It is renewable up to 75 years

Top reasons for increasing health insurance cost

Health insurance cost is very high and it is very necessary for you to understand the reasons for the increasing costs. These useful information will help you to make better choices and well planned decisions.

There are several following reasons for increasing health insurance cost.

1. Cost for hospitalization is very high including hospital room rent, ICU charges, operation theatre charges, nursing expenses and other required services.
2. Prescription drugs are very costly. Every visit to the doctors, there is the list of prescription drugs which are very much costly.
3. Increasing cost for developing new technologies and treatments. Since, over the last few year, scientists have made significant advancement in the treatment of diseases and critical surgeries. But, just like any new product in the market, the cost of developing new technologies is very high.
4. Most of people with health insurance demanding new technologies and treatments. Because of this the insurance company has to pay more amount for these kind of services.
5. Rise in aging population can be another reason. Insurance companies charge higher to insure older people, because of their needs for health services is more.

Benefits of Star Health Super Surplus

Super Surplus is a unique health insurance from Star Health Insurance. The main feature of the plan is that it offers benefits of wider protection at a very affordable cost. This plan is available on individual basis and also on floater basis, covering the entire family. Family means proposer, spouse and two dependent children’s aged up to 25 years.

Policy Benefits-

The policy covers insured person for in-patient hospitalization expenses for more than 24 hour hospitalization. It includes room rent, boarding expenses, surgeons fees, anesthetists fees, consultant fees, specialists fees, nursing expenses, cost of medicines and drugs,etc.

Sum Insured Options-

On Individual Basis-

The sum insured options are Rs.7Lakh and Rs.10Lakh at a annual premium of Rs.3,000/- and Rs.4,000/- respectively. Both the options are subject to a deductible amount of Rs.3Lakh for per hospitalization.

On Floater Basis-

The sum insured option is Rs.10Lakh at a annual premium of Rs.5,700/- and Rs.4,300/-. These options are subject to a deductible amount of Rs.3Lakh and Rs.5Lakh respectively, for per hospitalization.

Eligibility-

Any person aged between 5months and 60 years is eligible for this insurance. The renewal is granted up to 75 years.

Benefits of Star Health Medi Classic

Medi Classic is a unique health insurance form Star Health. It is specially designed to provide reimbursement of hospitalization expenses incurred as a result of sickness/illness/disease and accidental injuries.

Benefits under Star Health Medi Classic-

1. Hospitalization Cover- In patient hospitalization cover for more than 24 hour hospitalization. It includes- room rent, boarding expenses, nursing expenses, surgeon/anesthetists/consultant/specialist fees, operation theatre charges, ICU charges, cost of medicines and drugs, emergency ambulance charges, etc.
2. Pre-Hospitalization Cover-The medical expenses are covered up to 30 days prior to hospitalization.
3. Post-Hospitalization Cover- A lump sum calculated at 7% of the hospitalization(excluding room charges), subject to maximum of Rs.5000/-
4. Non Allopathic Treatment-The treatment cost up to Rs.25,000/- per occurrence, subject to maximum of 25% of the sum insured per policy year.
5. Optional Cover- Hospital cash, patient care and new born baby cover available on additional premium amount.
6. No Claim Discount- The discount ranging from 5% to 25% for every claim free year.
7. Tax Benefit-Premium paid by cheque or credit card towards the policy is eligible for tax benefit under section 80D of the Income Tax Act,1961.

Group Health Insurance-Coverage

Group health insurance plan is specially designed to provide coverage to a group of people. This is really good option to avail various benefits which are otherwise non affordable individual health insurance. But there are many misconceptions about the coverage limit. It works similar to individual health insurance.

Group health insurance provides broad coverage for medical treatment of illness/sickness/diseases and accidental injuries that requires in patient hospitalization. It includes hospital room charges, cost of diagnostic procedures, ICU, surgery cost, doctors fees, prosthetic cost, medicines and drugs, cost of pacemaker, etc. In some cases for the large groups pre-existing condition can be covered and for smaller or mid- sized group there is usually waiting period before pre-existing condition can be covered. There is also optional cover available on additional cost.

Group health insurance also covers families of employees. The main key point is that the employees can not be declined by medical history. In addition, it also offers some built in flexibility to individual needs within the group.

National Insurance-Mediclaim Policy(Individual)

National Insurance Mediclaim Policy (Individual) cover insured person for all kind of medical expenses for sickness, diseases and accidents.

Coverage:

1. Hospitalization Expenses- It includes room charges, boarding expenses, surgeon fees, consultant fees, specialist fees, anesthetist, OT charges, ICU charges, nursing expenses, cost of blood, oxygen, medicines, drugs, surgical appliances, diagnostic materials, x-ray, dialysis, radiotherapy, chemotherapy, artificial limbs and cost of organ.

2. Pre-and Post Hospitalization Expenses- The medical expenses are covered for 30 days prior and 60 days after hospitalization.

3. Pre-existing disease- All pre-existing diseases are covered after 4^th continuous claim free policy years.

4. Ambulance service and cost of health check ups.

Key Features:

1. Cumulative bonus of 5% on sum assured for every claim free year.

2. Tax benefit on premium paid under section 80D of the IT Act.

Eligibility:

Future Generali – Health Suraksha Silver (Individual)

Future Generali’s Health Suraksha Silver (Individual) is a health care product that cover insured person for the hospitalization expenses and related expenses.

Under this plan, the premium is paid for Zone-B (Kolkata, Chennai, Banglore, Ahmedabad and Hyderabad). In case the treatment is taken Zone A and Zone C, the claim payment will 80% and 100% respectively.

Coverage:

1. It covers hospitalization expenses including room charges, boarding expenses, surgeons fees, consultant fees, specialist fees, nursing expenses, anesthetists, OY charges, ICU Charges, cost of blood, oxygen, cost of medicines and drugs, cost of surgical appliances, accompanying persons cost.
2. The cover for medical expenses incurred 60 days before and 90 days after hospitalization.
3. Day care procedures are covered which requires less than 24 hour hospitalization.
4. Pre-existing diseases are covered after 4^th continuous policy years.

Key Features:

1. Cashless hospitalization facility at over 4000 network hospitals across India.
2. Renewal discount of 5% for each claim free year renewal.
3. Tax benefit on premium paid by cheque under section *)D of the Income Tax Act,1961.

Eligibility: