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    • Health coverage sought for retired employees of Tamil Nadu Transport Corporation

      A resolution was passed during the union’s executives committee meeting held in Tamil Nadu recently to offer health coverage to the retired employees of the Tamil Nadu Transport Corporation. The state government was urged by the Tamil Nadu Transport Corporation AITUC Retired Employees’ Union to provide the mentioned coverage. About 75,000 families would be benefitted if the government decides to honor the request of health insurance which currently is enjoyed by its pensioners and family pensioners. The dearness allowance must be calculated by the government according to the current calculation method and the wage revision recommendations should be implemented at the earliest as per the Government Order 142. The employees’ union has further passed a resolution demanding early sanction of retirement benefits to 17,000 employees.

      19 September 2019

    • Importance of careful trading when purchasing senior citizens’ health insurance

      A lot of people in India tend to wait for their retirement age to purchase their own health insurance policy as they are mostly covered under their company’s group health insurance scheme until then. And when they go to buy a health insurance policy after they have attained the age of 60 years, most of them worry about whether or not they can even find one at that age. Many are of the belief that senior citizens who have health conditions cannot avail health insurance. Even though it may be hard, you can rest easy knowing that a large number of insurance companies have designed health insurance policies that are specifically meant for senior citizens.

      Most of the health insurance policies out there place restrictions on the minimum and maximum entry age. In most cases, the maximum age at the time of entry is restricted to 60 or 65 years. A senior citizen’s health insurance policy, on the other hand, allows individuals to enter even after the age of 65 years. Some policies entertain individuals who are as old as 80 years too. However, senior citizen’s health insurance policies are relatively more expensive in comparison with regular health insurance plans. The premium payments associated with senior citizen’s health insurance policies is quite high.

      According to experts, senior citizen’s health insurance policies are still worth buying despite the high cost associated with them because these policies will actually provide extensive coverage, thereby helping you get your money’s worth in times of emergencies.

      10 September 2019

    • Punjab launches universal health insurance policy

      The Punjab Government has recently launched a new universal health insurance policy called the ‘Sarbat Sehat Bima Yojana’ or the SSBY to ensure the ‘Health for All’ move. This scheme covers as much as 85% of the population.

      The Chief Minister Captain Amarinder Singh launched the scheme recently by distributing the first 10 beneficiary cards simultaneously at 22 District Headquarters. The ministers released the cards to the beneficiaries turning it into one of the best Medical Insurance Covers for the mass. Through this plan, as many as 46 lakh families are supposed to get a cover of up to Rs.5 lakh worth of cashless medical cover. The Chairman of Health Systems Corporations, Amardeep Singh Cheema is of the opinion that the scheme is a path-breaking scheme which will offer universal cover to the citizens. The central scheme covers only the Socio Economic Cast Census (SECC) data which sums up to about 14 lakh families in Punjab. This new scheme by the state government, on the other hand, will cover as much as 46 lakh families as the beneficiaries.

      22 August 2019

    • There is an option to buy health insurance policy that gives mental health coverage

      The basic conception of mental health problems in the country has greatly restricted the amount of people who wish to avail treatment for the problem. The problem of being viewed differently by the rest of the people has resulted more than 55 percent of the Indian adults to not seek help throughout the duration of their lives. The fact that these treatments are on the expensive side does not help the cause. Expenses and judgement from people are not the only things that is stopping people from availing treatment. The healthcare system that is in place in the country now is not very equipped to treat mental illnesses effectively. Many of the hospitals in the country do not have the required equipment to treat the ailment. The number of doctors available to treat these ailments is also relatively low in comparison. As part of the exposure draft that was submitted by IRDAI last year, mental illness and similar health issues must be included as part of the regular health insurance cover. Max Bupa and Reliance Health Insurance Company are two insurers who already offer insurance policies specially for patients with mental ailments.

      22nd July 2019

    • Under Ayushman Bharat, number of healthcare centres to go up to 40,000 by 2020

      The Government of India aims to have 40,000 primary healthcare centres, called Ayushman Bharat Health and Wellness Centres (AB-HWC) by 2019-2020. Currently, there are 19,000 such centres in the country. These centres will strengthen preventive and promotive health care across India. They will also include prevention and care of non-communicable diseases, maternal and child healthcare, immunisation, treatment for communicable diseases, and wellness activities such as yoga. Free diagnostic services and essential drugs are also being provided under the comprehensive health coverage plan to beneficiaries. However, services at the AB-HWCS are universally free. There are over 15,000 hospitals currently empaneled under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) which is a component of the Ayushman Bharat Yojana. Out of these, 7,968 hospitals are in the public sector and 7,997 are in the private sector. An MoU has been signed for the implementation of the AB-PMJAY scheme with 33 of the states as well as Union Territories. Hospitals empaneled with the scheme have been provided with 1,393 benefit packages and rates that were decided as per the recommendations of a committee. The rates in the package can be adjusted to 10% plus or minus as per the suitability. The AB-PMJAY scheme’s entitlement is decided based on occupational and deprivation criteria as per the Socio-Economic Caste Census database.

      19th July 2019

    • Tax benefit reminder: You can avail income deduction for health insurance premiums

      It is that time of the year when you have to file your Income Tax Return. While the government levies a tax on the income you get, it also encourages and offers benefits if you make investments in different financial products. Under Section 80D of the Income Tax Act, 1961, you can get an income tax deduction for the premiums you pay towards health insurance policies. The maximum deduction you can avail for health insurance premiums is Rs.25,000. If, however, you pay health insurance premiums for your senior citizen parents, you can avail deduction up to Rs.50,000. Thus, you can get tax benefit up to Rs.75,000 in total.

      19th July 2019

    • Apollo Munich’s Doubled in Financial Year 2019

      Apollo Munich has doubled its profits to approximately Rs.236 crore on a revenue that was worth Rs.9,617 crore. The company has shown a continuous growth of 17% throughout the last year. This was especially significant because the company’s recorded bottom line hit was during the financial year 2017-18. The company has also decided to reduce its debt of nearly Rs.3,256 crore by selling a stake in its sister company – Apollo Munich Health Insurance. Therefore, the company’s shares have taken a hike by more than 1/3rd over the previous year. The company came into existence during the year 1983 and ever since it has accomplished great heights and exponentially expanded its customer base.

      16th July 2019

    • Long-term third-party motor insurance compulsory for new private vehicles

      The Insurance Regulatory Development Authority of India (IRDAI) has clarified that the long-term third-party motor insurance will apply only to new private two-wheelers and four-wheelers. As confirmed by IRDAI, the existing vehicles will need to get insurance cover for 1 year on a renewal basis while new private vehicles must get three-year policies. New two-wheelers, on the other hand, will mandatorily need to get the five-year policy. The clarification from the IRDAI came through a circular issued on 11 July 2019 which stated that the long-term motor insurance policies will be applicable only to new private two and four-wheelers. Therefore, people owning old vehicles can continue renewing their policies on a yearly basis. According to the Motor Vehicles Act, 1988, it is a mandate for vehicles to be insured with at least a third-party insurance cover. The two major components that make up a motor insurance policy are the Third-Party Insurance and Own Damage Insurance.

      16th July 2019

    • IRDAI proposed to permit the exclusion of certain lifestyle diseases

      The Insurance Regulatory and Development Authority of India (IRDAI) has recently proposed to permit the exclusion of certain lifestyle diseases from the pre-existing disease list so that people can avail health insurance for unrelated illnesses. This proposal has been made by IRDAI to enable people suffering from lifestyle illnesses to get access to health coverage as they are usually deprived of the same. As a matter of fact, in India, people who have undergone treatments like coronary stenting, angiography, or other preventive treatments are denied health cover despite long survival periods as they are labelled as heart patients. Even if in certain cases the insurers allow them to buy a health insurance policy, they are charged with a very high premium. Moreover, they are offered with a health cover only if the parameters are within the permissible limit. In such a situation, the recent proposal from IRDAI is expected to make things easier for individuals suffering from lifestyle diseases such as diabetics and heart issues.

      12th July 2019

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    Customer Reviews

    • ICICI Lombard Health Insurance
      "Average service"
      0.5 2.0/5 "Expected more"
      ICICI Lombard is a providing a average services for my health insurance policy. Their claim process is very complicated and there is a lots of issue when i want to avail a claim. When my health insurance got expired after 2 years. The policy does not cover for the existing disease and OPD charges, medicine charges.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 19, 2019
    • Star Health
      Star Health Health Insurance
      "Good for health"
      0.5 4.0/5 "Great!"
      I have star health with the coverage of Rs. 5 lakhs including all my family members and they do have critical illness cover. In my area they got tied up lots of hospitals, they are not providing free check up however there is no medical card for emergency.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 17, 2019
    • Star Health Health Insurance
      "Good"
      0.5 4.5/5 "Excellent!"
      I have taken a health insurance in star health on 5 months before. The policy is for yearly basis renewable. I am paying premium in the yearly package. While getting a policy my agent has given an information about the policy details.It covers myself and daughter. They have tied up with many hospitals.I use to payment through an online.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 16, 2019
    • New India Health Insurance
      "Good"
      0.5 3.0/5 "Satisfactory"
      My organization gave me New India assurance health policy its covers up to Rs. 2 lakhs. The policy is for yearly basis renewable. I am paying premium in the yearly package. While getting a policy my agent has given an information about the policy details. They have tied up with many hospitals. Cashless treatment also applicable.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 16, 2019
    • HDFC Ergo Health Insurance
      "Good health insurance"
      0.5 4.0/5 "Great!"
      Actually I do not have any health insurance earlier since HDFC Ergo people approached me first, i have taken the health insurance policy with them. I pay the premium amount of Rs. 365 per month. This policy covers only for me and i have no idea about the coverage amount. From the auto deduction from credit card, i make the premium every month.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 14, 2019
    • Star Health Health Insurance
      "Good for health issue"
      0.5 5.0/5 "Blown Away!"
      I got the health plan from Star health, its covers my entire family including my spouse, children and parent. Last year I had a claim for mother, she had a stroke at the time I got the reimbursement from the total amount of Rs.58,000 out of that I got the Rs. 45,000 its really good almost they covered. They have large networks of hospital in all location.
      Was this review helpful? 0
      , chennai
      Reviewed on Sep 14, 2019
    • Oriental Insurance Health Insurance
      "Good for medical emergency"
      0.5 5.0/5 "Blown Away!"
      Oriental Insurance providing the health cover for my entire family including parents, spouse and children totally five member with the coverage of Rs. 5 lakhs. I had a claim for spouse maternity purpose, for c section they cover only upto Rs.50,000, finally I got 75% of claim. They got tied up with more hospital in my location.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Sep 14, 2019
    • HDFC Ergo Health Insurance
      "Good"
      0.5 5.0/5 "Blown Away!"
      My mediclaim policy is with HDFC ERGO because its good and can be used for cashless. The customer service is good and am renewing the policy continuously with the same insurer for last 4 to 5years. The medical coverage is 2.40L for cashless and they are increasing 10% every year. There is no claims applicable.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 14, 2019
    • ICICI Lombard Health Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken a health insurance in ICICI LOMBARD on 2 years before. The policy is on yearly basis renewable. I am paying premium in the half yearly package. They have tied up with set of hospitals. It is user friendly. It covers my whole family.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 12, 2019
    • New India Health Insurance
      "Easy and hassle free claim experience"
      0.5 5.0/5 "Blown Away!"
      My organization gave me New India assurance health policy its covers upto Rs. 2 lakhs, currently I am a bachelor its covers only for me, or else they extend the cover upto Rs.5 lakhs including spouse and children. I done a claim, when my leg got operated I used it, the claim experience was good, even I took health plan for my mother separately when she admitted in the hospital, the total expense was Rs.80,000 but I paid around Rs.2000 alone remaining all they taken care.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 12, 2019
    • United India Health Insurance
      "Good for medical emergency"
      0.5 5.0/5 "Blown Away!"
      Its my first experience with United India when my father had health issue, the claim process was very friendly, especially for the corporate employees. I applied for the cash less but the issues in every july they renew the policy at the time portal was off, hence I went for reimbursement. They gave me only Rs.35,000 of reimbursement overall I spend around Rs.78,000. They got tied up with lots of hospitals as well.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 10, 2019
    • Religare Health Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I don't have claim experience with Religare. The policy coverage is 5L . I have tried reaching the customer service and it was good. The policy covers myself and as well as dependents. I have received the insurance documents and got e-cards too.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 10, 2019
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