Find the state-wise list of network hospitals for BHARTI AXA GENERAL INSURANCE.
Bharti AXA General Insurance Company Ltd is a joint venture between Bharti Enterprises and AXA, and they currently have 87 branch offices around the country. Bharti Enterprises is a pioneer in the Indian telecom space, with multiple innovations to their credit. The AXA Group is a leader in asset management and insurance, offering services to 103 million clients in 64 countries across the globe.
Bharti AXA General Insurance has been honoured with multiple awards in the past, some of them being, the Tech Initiative of the Year award at the Asia Insurance Industry Awards 2014 and the BFSI: Best Insurance Company in the Private Sector - General 2014 award. The company aims to redefine industry standards by providing innovative and comprehensive insurance solutions to customers. The health insurance plans provided by Bharti AXA include the following:
A health insurance company usually has tie-ups with various network hospitals where policyholders can avail treatment on a cashless basis. The policyholder will be required to inform the insurer of the hospitalisation, and provide a valid ID card at the hospital to avail cashless services. The treatment offered will be similar to that at a non-network hospital, but the procedure for settlement of the medical bills differ. In the case of cashless claims, the health insurer directly connects to the network hospital and settles the bills. This way, the insured can avail treatment without having to pay for the expenses at the time of discharge. The cost of medical facilities will subsequently be deducted from the annual sum insured of the health insurance policy of the patient.
Bharti AXA has a vast network of affiliate hospitals across the country that provide cashless hospitalisation services to customers in a hassle-free manner.
The following types of claims can be executed at Bharti AXA network hospitals:
The claim process for a cashless hospitalisation is as follows:
Procedures offered/covered in Bharti AXA Health Insurance network hospitals across India
The Bharti AXA health insurance policy includes day care treatments that do not require 24 hours of hospitalisation, such as chemotherapy, dialysis, lithotripsy, eye surgery, radiotherapy, dental surgery, tonsillectomy, curettage and dilation, hydrocele surgery, and hernia repair surgery . Domiciliary hospitalisation for more than 3 days is also covered.
Additionally, the policy covers a number of critical illnesses such as:
Exclusions under Bharti AXA Health Insurance network hospital services
The standard exclusions to the Bharti AXA policies are as follows:
There is no limit on the number of times you can make claims in a policy year. However, the sum of the claim amounts cannot exceed the policy sum insured.
Claim settlement ratio is the fraction of claims settled against the total number of claims reported throughout the year. The claim settlement ratio of Bharti AXA health insurance was 94% in 2012.
The premium of Bharti AXA health insurance policy is determined by the following factors:
Pre and post hospitalisation costs refer to expenses incurred during the period before and after hospitalisation for any ailments or injury sustained.
Domiciliary hospitalisation refers to the treatment done at home (for a period that exceeds 3 days) for illnesses or injuries, which would have otherwise required hospitalisation. This is relevant in a situation where the patient cannot be moved to a hospital or when there is a lack of space at the hospital.
Bharti AXA covers the cost of treatment and expenses for domiciliary hospitalisation, if qualified nurses are employed and there is an attending medical practitioner. The cover is capped at a maximum of 10% of the sum insured and is paid if the treatment continues beyond 3 days.
All premiums paid towards the Bharti AXA health insurance policy are liable for tax benefits under Section 80D of the Income Tax Act, 1961. The deductions allowed are as mentioned below:
Maximum deduction of Rs.25,000 annually
Maximum deduction of Rs.30,000 annually if you are a senior citizen.
Maximum deduction of Rs.30,000 annually on premium payments for senior citizens.
A life insurance coverage protects the dependents of the policyholder from losses that may arise from an untimely death or accidental disability. The payout of a life insurance policy is made after the death of the insured or at the time of policy maturity. On the other hand, a health insurance policy protects the policyholder from ill-health or diseases by covering the expenses of treatment availed. There are no payouts made at the time of policy maturity. Health insurance also needs to be renewed on a yearly basis.
The employer’s health insurance will not be effective in the event of a job change or retirement. In the transition period between jobs, you will be exposed to health risks that may prove to be very costly. Transfer of the health insurance benefits from the old employment to the new company may not be possible, as well. Moreover, the employer’s health insurance may not have extensive coverage or effective protection against pre-existing diseases. So, it is advisable to purchase a separate health insurance policy to provide you optimum coverage.
Yes, this is possible. In the event of a claim, each insurance company will pay a proportion of the expenses, as per the coverage under each scheme.
No, the Bharti AXA health insurance policy only covers hospitalisation expenses in India.