The Health Regulations of 2016 include portability guidelines for changing from group to individual health insurance policies. Members covered under a group health insurance policy can port/migrate to an individual policy with the same insurer. Let’s look into the benefits and process of porting from group to individual insurance cover. Benefits of porting The insurer […]
Health Insurance
The lady with Parkinson’s
Published in Mint on Feb 06 2017, Written by Kapil Mehta A few days ago, as I walked from office to the local market for lunch, an elderly lady standing on the roadside started speaking to me. I assumed she was asking for money and quickened my pace. Fortunately, my sixth sense made me turn […]
Health Insurance claim performance
What is the difference between mediclaim and health insurance?
Health insurance policies are usually called mediclaim policies because, in earlier years when the health insurance concept was new, there were few health insurance policies in the market. And they went by the name of mediclaim. See What is the difference between mediclaim and health insurance? Even today, when there are hundreds of health insurance […]
What is the difference between mediclaim and the health insurance?
Health insurance policies are usually called mediclaim policies because in earlier years, when the health insurance concept was new, there were few health insurance policies in the market and they went by the name of mediclaim. See What is the difference between mediclaim and health insurance? Even today, when there are hundreds of health insurance […]
AYUSH benefit in individual health insurance plans
In its health regulation, 2013, the Insurance Regulatory and Development Authority of India (IRDAI) asked individual health insurance companies to include AYUSH in their policies. (AYUSH stands for Ayurveda, yoga & naturopathy, Unani, Siddha, and homeopathy.) What this means is that insurance providers will reimburse medical expenses incurred on in-patient treatment under homeopathy, Ayurveda, Siddha, […]
What happens if my hospitalisation continues beyond health insurance last date?
Health Insurance is easy to buy and it is the most essential insurance cover one should buy. Before buying health cover, one should know the technicalities of how the coverage works and under what types of scenario, you can apply for a claim. So what happens if hospitalisation continues beyond health insurance last date? In […]
What does a Health Insurance policy not cover?
You do not know what can happen tomorrow. Buying a health insurance policy without knowing the restrictions and exclusions is not a good move. Awareness of exclusions is equally important as the scope of coverage. Health insurance manages your medical cost. But there are some treatments which health insurance does not cover. It is crucial […]
What are the factors that affect health insurance premium?
When you start planning to buy insurance protection for yourself and your family, health insurance is at the top of the list and the most necessary protection plan. It is important to buy the best-rated health insurance plan to save yourself from financial trouble arising due to health issues or emergencies. Unforeseen circumstances can invite […]
If my health insurance policy is not renewed before the expiry date, will I be denied renewal?
An insured should renew their health insurance policy in time i.e. on or before the due date. It is important to keep an eye on the renewal date of a health insurance policy. If you miss out on the renewal date, then the grace period is a savior. Insurers provide an extended time frame for […]