Do your health insurance cover gym and sports injuries?

I used to think that only professionals and athletes in highly competitive sports suffered serious sports injuries. A memory of such injury was when Mary Decker, top seed US runner, fell grievously in the 3000 km sprint at the 1984 Los Angeles Olympics. But the truth about sports injuries struck home, about two decades ago […]

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How does daily hospital cash policy work?

The daily hospital cash policy provides a fixed amount for each day when hospitalized. Fixing the daily limit at the time of enrollment for the policy remains the same for the duration of cover. The policy pays a fixed benefit for each day of hospitalization irrespective of the actual medical costs incurred in treatment.   […]

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How can you assess if you are paying a fair price for health insurance? 

Often you take into account multiple factors while finalizing a health insurance procurement deal including pricing, service levels, insurer’s brand image, etc. Therefore, how can you assess if you are paying a fair price for group health insurance? On the pricing aspect, you can evaluate fairness based on the following factors –   Claim ratio – CIaim […]

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How can an employer differentiate its overall Employee Benefits design?

There are many facets to preparing a design for an optimum employees benefits program. Below are a few tips that will help you stay ahead and relevant –   Aligning the employee-benefit strategy with the overall business objective of the company. You need to periodically revisit the benefits strategy to ensure that it supports business […]

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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 […]

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The strength of our insurances

Published in Mint on Jan 09 2017, Written by Kapil Mehta There is a crack in everything. That’s how the light gets in.” I read these beautiful lines by song writer Leonard Cohen, after he died last year. If you are wondering why poetry has found its way into a column on insurance, it’s because […]

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