Health Insurance For Senior Citizens

GST Council may waive 18% tax on senior citizens' insurance plans in Dec

The GST Council is scheduled to meet in Rajasthan on December 21 and 22 to discuss potential tax relief on select insurance plans

PM Modi to launch health cover for senior citizens above 70 years on Oct 29

The health coverage for all citizens aged 70 years and above irrespective of their income status under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is likely to be rolled out by Prime Minister Narendra Modi on October 29, an official source said. The U-WIN portal developed for maintaining an electronic registry of routine immunisations, which is currently operational on a pilot basis, will also be launched by the prime minister on the same day. Besides the two, some other projects will also be launched on Tuesday, the source said. The U-Win platform, which is a replication of the COVID-19 vaccine management system Co-WIN, has been developed to keep a permanent digital record of vaccination of pregnant women as well as children from birth up to the age of 17 under the Universal Immunization Programme. "The PM is likely to launch the expanded scheme under the Ayushman Bharat health insurance scheme for those aged 70 years and above. It will benefit an estimated six

Govt gives nod to Ayushman health insurance to all citizens aged 70, above

In a move that will benefit 4.5 crore families, the Union Cabinet on Wednesday approved health coverage to all senior citizens aged 70 years and above irrespective of income under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY), Union minister Ashwini Vaishnaw said. The coverage aims to benefit six crore senior citizens from 4.5 crore families with Rs five lakh free health insurance cover. Eligible beneficiaries will be issued a new distinct card under the scheme, the government said.

Home care, physio covered: Now a health policy designed for senior citizens

To address the rising cost of medical expenses, and to offer respite for senior citizens after a medical episode, Tata AIG has introduced the plan, which is customised to meet the diverse healthcare

India's average health insurance claim is Rs 42,000; 15% exceed Rs 100,000

Claim settlement rates are relatively high. Over 50% claims have 80% or higher claim settlement.

Tackle rising mediclaim premiums with lifestyle-based incentives

Buy top-up policies and wear fitness trackers. The latter will entitle you to discounts at the time of renewal

Senior citizens should use top-up plans to beat medical inflation

They should also ask their insurer to enhance the cover if it's below Rs 3 lakh