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    • Option to migrate from one insurance scheme to another made possible

      The Insurance Regulatory and Development Authority (Irdai) has directed the insurance companies to allow policyholders the option to renew, migrate and port a couple of coronavirus specific health insurance policies — Corona Rakshak and Corona Kavach.

      Due to the outbreak of coronavirus crisis, the regulatory body had asked the insurance companies to offer standardised COVID-19 health insurance policies. Launched in July, Corona Kavach will cover all the hospitalisation expenses.

      Corona Rakshak is a fixed benefit plan where a policyholder if diagnosed with COVID-19 and hospitalised for three days, will receive a fixed amount by the insurance companies. For Corona Rakshak Policy, the minimum sum insured one can avail is Rs.50,000 and the maximum is Rs.2.5 lakh.

      20 October 2020

    • Telemedicine, online consultation to be covered amid COVID-19

      Telemedicine consultation will be covered under health insurance policies starting from October. The Insurance Regulatory and Development Authority of India (IRDAI) has directed the insurance companies to allow claim settlement for telemedicine consultation with a medical practitioner.

      Due to coronavirus pandemic, people are preferring online consultation with doctors rather than a visit for a regular checkup at hospitals. Many hospitals are also offering nursing services at the homes of patients to maintain amid pandemic.

      Anyone who avails telemedicine consultation from a doctor will be able to claim the expenses under health insurance policy, provided their medical policy covers expenses for outpatient department (OPD). The insurance companies have been asked to allow telemedicine wherever consultation with a doctor is allowed. Provision of allowing telemedicine will now be part of claim settlement policy and need not be filed separately.

      15 October 2020

    • New health insurance rules to be put into effect from 1 October 2020

      A number of new implementations are being introduced by the Government of India in various fields. In one of the recent announcements, a change in health insurance sector has also been announced.

      Following the Coronavirus breakout and the effects of the pandemic thereafter, a change has been implemented in the coverage provided by health insurance. As per the new announcement, the cost for the premium health services are set to rise eventually. The new rules will also make 17 permanent illnesses exclude the coverage after the inclusion of Covid-19.

      13 October 2020

    • Changes in health insurance norms from October 2020

      The Insurance Regulatory and Development Authority of India (IRDAI) has revamped some of the guidelines regarding health insurance policy norms which will be effective from 1 October 2020. More illnesses will be covered under the new guidelines and healthcare expenses will be made more affordable. In future, any illness that is contracted due to hazardous activities will not be barred from health coverage. Comprehensive health insurance plans are also meant to cover treatments for age-related degeneration, mental illnesses, artificial life maintenance, and congenital diseases that are internal. Coverage will also be extended for disorders related to puberty and menopause, genetic disorders, behavior and neurodevelopmental disorders.

      There will also be coverage for age-related treatments such as kneecap replacements and cataract surgeries. Coverage should also be given for treatments for any respiratory and skin ailments that are a result of factory or workplace environmental conditions. If the insurer does not wish to provide coverage for certain illnesses, it should be mentioned clearly using the specific terms defined by the IRDAI. However, coverage for such illnesses should be provided after a waiting period ranging from 30 days to 1 year as specified by the insurer. If premiums have been paid regularly for 8 years continuously, then a claim cannot be rejected except for permanent exclusions and fraud. The definition of Pre Existing Diseases has been modified to mean diseases that are diagnosed by a qualified physician 2 years before the policy was issued. Permanent exclusions can henceforth be included only after consent of the customer.

      8 October 2020

    • Buy a health insurance on monthly subscription

      Now, a Rs.20 lakh health insurance cover might cost Rs.13,000 for a year. A lot of people also delay the decision to get a health insurance policy. This is because they do not want to spend so much money at once. There is now a new digital health market place. Vital offers monthly subscription plan for your health insurance.

      Vital has launched a monthly subscription and these are not linked to your credit card. Jayan Matthews, co-founder and CPO had said that while the life insurance companies will let you pay premiums on a quarterly, yearly and monthly, basis, health insurance will offers yearly model for your premium payment. By giving a monthly subscription system, where you can pay the premiums every month, they want to make health insurance affordable.

      6 October 2020

    • Comprehensive health insurance plan launched by Liberty General Insurance

      A new health insurance plan known as HealthPrime Connect has been launched by Liberty General Insurance. According to a statement provided by Liberty General Insurance, the new product provides cover for all health emergencies and comes with life-long renewal benefits. The product also offers no room rent capping, the sum insured of up to Rs.1 crore, and no co-pays. The new product is available under three variants, HealthPrime Connect Optimum Plus, HealthPrime Connect Optimum, and HealthPrime Connect Essential. The features and benefits vary from product-to-product. AYUSH Treatment, maternity cover, laser eye surgery, and organ donor expenses are also covered under the policy.

      29 September 2020

    • Health insurance scheme benefits availed by around 4 lakh individuals in Punjab

      In Punjab, around 4 lakh individuals have availed the free treatment benefits of the Ayushman Bharat-Sarbat Sehat Bima Yojna (AB-SSBY) scheme. Out of the 4 lakh individuals, around 51% are women. 767 government and private hospitals have been empanelled by Punjab to provide free treatment under the scheme. According to the Health Minister of Punjab, the state has issued around 46 lakh e-cards so far. The health minister further added that the highest number of individuals availed for the scheme from Bathinda. Under the scheme, smart ration card holders, accredited journalists, registered construction workers, small traders, and farmers can avail health insurance cover.

      25 September 2020

    • Study reveals that Covid-19 accounts for 11% of total health insurance claims between April and August

      As per a recent study, health insurance claims during the first 5 months of this financial year consists of about 11% claims which were in regard to the Covid-19 treatment. The study revealed that most of the claims made during this period were in regard to other major illnesses.

      These major illnesses include the likes of cancer, heart problems, kidney problems, and their respective treatments. The research has also revealed that the data which has been taken into consideration in this case has been recorded between 1 April 2020 and 31 August 2020.

      22 September 2020

    • Government of Jammu and Kashmir announces health insurance of Rs.5 lakh for all residents

      The Lieutenant governor, Manoj Sinha has announced the launch of the Jammu and Kashmir health scheme. This scheme will aim to provide universal health insurance coverage to the Union Territory’s residents. The annual cost of the scheme will be Rs.123 crore.

      During the launch, the Lieutenant Governor stated that the core agenda of the government is the welfare of the residents of the UT and to ensure that the benefits of the scheme reach every resident.

      The Financial Commissioner of Health and Medical Education, Atal Dulloo stated that the scheme will also include the government employees and ex-employees of Jammu and Kashmir along with their families. The annual health insurance cover would be Rs.5 lakh per family on a floater basis.

      15 September 2020

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    Customer Reviews

    • Star Health Health Insurance
      "Good policy "
      0.5 3.0/5 "Satisfactory"
      I taken a health insurance from STAR HEALTH on last 6 months back which was taken via online. It covers my whole family of 3 members for the total amount of 5. The premium amount need to pay of 12K. The tenure period of 1 year. I have not used this card much. I haven't done any claim yet.
      Was this review helpful? 2
      , bangalore
      Reviewed on Mar 20, 2020
    • Bajaj Allianz
      Bajaj Allianz Health Insurance
      "Good policy "
      0.5 4.0/5 "Great!"
      I have taken a health insurance policy from Bajaj Allianz which was taken for my mother. Policy coverage value was Rs. 1L and the premium its a one time payment, i got a offer because i am maintain CREDIT SCORE good. Still there is a no claim and i paid 3 years back, during renewal time i am not getting any calls from insurance company. This policy covers 200 hospital 30-50% in all hospital can get a claim.
      Was this review helpful? 2
      , bangalore
      Reviewed on Mar 20, 2020
    • Care Health Insurance Limited Health Insurance
      "Good insurance company "
      0.5 5.0/5 "Blown Away!"
      My personal need I taken health insurance from RELIGARE on 2 years back. Actually my previous company taken health insurance got lapse, hence for better option I continued with same need to pay the premium of 5K. It covers up to myself. The coverage amount of 5L, since there is no claim yet I got bonus of 10% so as of now 5.5L. They tied up with many hospitals and cash less treatment is applicable.
      Was this review helpful? 4
      , bangalore
      Reviewed on Mar 19, 2020
    • Max Bupa Health Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      This is an individual policy, cover fro myself and this is from Max Bupa. Yearly i am paying premium of Rs. 3000 and the coverage value of Rs. 5L and still there is a no claim. Every year i am getting 5% no claim bonus and this is a life long policy. Its a tax benefit plan for major and listed hospitals can avail a cash less, if non listed have to pay then we can reimburse.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 19, 2020
    • Royal Sundaram Health Insurance
      "Good insurer"
      0.5 4.0/5 "Great!"
      My employer has given me a health insurance policy from ROYAL SUNDARAM and they have provided me a coverage amount of Rs. 3L. It covers myself and my spouse are covered in this policy.The premium amount need to pay of 7.5K on yearly basis. They have a cashless facility with many hospital.
      Was this review helpful? 1
      , chennai
      Reviewed on Mar 19, 2020
    • Star Health Health Insurance
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken health insurance from STAR HEALTH on last year for my personal use, it covers my whole family of 4 members. The sum average value is 5L. I am renewing the policy by paying the premium amount of 14K on yearly. Many hospitals are tied with them and they provide cashless treatment as well.
      Was this review helpful? 1
      , rajahmundry
      Reviewed on Mar 18, 2020
    • Star Health Health Insurance
      "Average "
      0.5 3.0/5 "Satisfactory"
      For my personal purpose, I have taken a health insurance from TATA AIG on 3 years back. On yearly, I use to renew the policy which I need to pay the premium amount of 20K via online. It covers up to myself. The sum assured amount is 2.4L. They tied up with limited hospitals only and there is no cashless treatment.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 18, 2020
    • Oriental Insurance Health Insurance
      "Good policy "
      0.5 5.0/5 "Blown Away!"
      My company provides me a health policy from ORIENTAL insurance and this is a group insurance. Annual premium i am paying Rs. 4840 and still there is no claim and the coverage value is Rs. 2 lakhs. During the renewal time, i use to get reminder call from the support team.
      Was this review helpful? 2
      , kolkata
      Reviewed on Mar 16, 2020
    • review Health Insurance
      "Need online service "
      0.5 5.0/5 "Blown Away!"
      I am paying about Rs. 20k yearly for health insurance to PARAMOUNT. This is group policy and the coverage of Rs. 10L since 5 years i am using this health insurance. I went for a claim which was reimbursed. The main factor is they are asking lots of documents which they need to make it simple.
      Was this review helpful? 1
      , thane
      Reviewed on Mar 15, 2020
    • Bajaj Allianz Health Insurance
      "Okay"
      0.5 4.0/5 "Great!"
      I have received the Bajaj Allianz mediclaim policy from Bajaj Finserv on EMI basis. Cashless facility is available and am paying Rs.640 for a month. This policy is not available in the market. I wish if their executive were more polite and helpful. Its a self policy which covers 5L. Am renewing this policy from last 3years.
      Was this review helpful? 1
      , kochi
      Reviewed on Mar 15, 2020
    • Star Health Health Insurance
      "Good "
      0.5 5.0/5 "Blown Away!"
      Health insurance policy which i have taken from STAR HEALTH and this is a family floater policy. I am using since 4 years still there is no claim and this insurance will cover all types of critical illness. Annually i am paying premium Rs. 13000 and its a Tax benefit policy.
      Was this review helpful? 1
      , bangalore
      Reviewed on Mar 14, 2020
    • ICICI Lombard Health Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      ICICI offered me a health insurance and this is a group policy which covered for Rs. 4L. This insurance will cover all types of critical illness and day care treatment, still there is no claim with ICICI Lombard. I can avail cashless treatment with the listed hospitals.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 14, 2020
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