Making A Claim Under Health Insurance, Keep These Things In Mind

Health Insurance is a lifesaver protection plan. It keeps you solvent at the time of medical issues. As medical cost is shooting up, it becomes crucial to consider the smooth claim settlement process as a key factor while buying your health insurance policy. Always, check the claim settlement ratio of insurers in order to buy […]

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Reimbursement vs Cashless Claim Settlement Process

Health insurance plans have two types of claim settlement process: cashless and reimbursement. What is a cashless claim? Any policyholder can get medical treatment i.e planned and emergency hospitalization at a hospital listed in the network by the insurer/TPA without having to pay. The cashless request also can be initiated prior to the admission date […]

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What is Covered under AYUSH benefit in the Individual Health insurance plan?

Considering the popularity of alternative treatments in India, various health insurance companies have started offering AYUSH benefit to their policyholders. In its health regulation, 2013, the Insurance Regulatory and Development Authority of India (IRDAI) asked individual health insurance companies to include AYUSH, which stands for Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homeopathy, under their […]

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