Browsing: Health Insurance

Treatment costs under private health insurance are significantly higher compared to Ayushman Bharat. Health insurance companies pay hospitals more, while Ayushman Bharat offers package rates that are relatively low. This often leads private hospitals to prefer insured patients over Ayushman Bharat beneficiaries.

It’s not a good idea to hide a pre-existing disease/condition. You might pay premiums for years, only to have your policy cancelled later for not being upfront.

New India Assurance is the largest general insurance company in the India. New India offers a wide range of health…

A TPA, or Third Party Administrator, is an independent organization that works on behalf of insurance companies. It’s not directly…

On December 28, 2023, the insurance regulator IRDAI granted a health insurance license to Narayana Health Insurance Limited. This makes…

HDFC ERGO has launched Optima Wellbeing, a new OPD subscription Add on plan, in Pune. This plan offers cashless OPD services and discounts of up to 50% on diagnostics and medicines.

You must have seen advertisements from insurance companies boasting claim settlement ratios of 98-99%. By sheer statistics, it appears that…

This standard definition which you can find in every health insurance policy, implies that the insurance company will not cover the total cost of treatment if it exceeds the average cost for similar treatments in that region and the type of hospital. Instead, the insurance will pay up to the average cost of treatment for that particular disease in that city and type of hospital.

If you have tried to buy health insurance you might have come across terms like “Restoration of sum insured” or…

In simple terms co-payment in Health insurance is the percentage of claim amount that a policyholder has to bear. Insurance…