Page 36 - Health Insurance

Single-disease plans good for insurance sceptics, but not fit for long term

Combination of comprehensive health insurance and critical illness cover a must to meet healthcare needs

Enhance insurance coverage, beat medical inflation with a super top-up

When buying a TU/STU, consider the insurer's brand strength, claim settlement ratio, and product features

Buying health insurance? Look up these key numbers before choosing a plan

Comparing insurers on parameters like incurred claims ratio and claim settlement ratio can help you make a better choice

Now, pet owners can buy health insurance policies for dogs and cats

The premium costs 4-22% of the sum insured, and covers cats and dogs

Health insurance customers can hope for a better tomorrow: Here's why

With the IRDAI committee making significant recommendations, customers are likely to benefit

How uniform exclusion norms in health policies will reduce claim disputes

Customers will have a better idea of what they are covered for, and there will be less scope for arbitrary rejection of claims

Health policies: Customers should reveal any pre-existing diseases

This is the only way to ensure that the insurer does not reject claims

Justify why no insurance cover for congenital anomalies: HC to Irdai

Congenital anomalies are also known as birth defects

Those at high risk of a heart ailment can now buy a health cover for it

These policies come in handy, albeit at a higher cost, if you have a pre-existing ailment

Buying health insurance? Here are things that you need to keep in mind

Take into account medical history, city of residence, and lifestyle when deciding on your initial health insurance amount

Buying insurance isn't enough. You need to build separate healthcare corpus

To build a corpus for health-related needs, adopt a systematic investment approach

Can't deny claims without proof

The State Commission observed that insurance is a contract requiring good faith. And the insurer's stand was based on a handwritten note without authentication

Health insurance: Mental illness to be treated on par with physical ailment

After the current wave of reforms, expect your policy to cover more diseases, but your premiums will rise too

Irdai allows inclusion of 10 more insurers for medical treatments

The Irdai has also deleted a few procedures in the circular

Current policies to be extended to cover mental illnesses as well: Irdai

Insurers say they will have to study the available data to work out by how much premiums will have to go up to be able to cover mental illnesses as well

Start including mental illness in your health covers: Irdai to insurers

According to the Mental Healthcare Act-2017, every person with mental illness shall be treated as equal to persons with physical illness in the provision of all healthcare

If health policy covers you globally, no need to buy separate travel policy

In case the global cover is not adequate it might be appropriate to top it up with a short-term travel policy

These health policies are specifically designed for treatment abroad

These covers come with a high sum insured and high premium; Most do not cover treatment in US or Canada, though some will charge a premium for inclusion of these countries

Low risk awareness, affordability deter health insurance growth: Irda Chief

The health insurance industry has seen an average growth of 16 per cent cumulatively over the last 4-5 years

You may have to pay extra for health insurance covering treatment abroad

The insured may need to pay extra premium for treatment in the US. There is also co-payment of up to 20%