Category: Health Insurance

Irda On Health Insurance Cashless Dispute

The Insurance Regulatory and Development Authority (IRDA) Friday said the issue of offering cashless treatment under health insurance policies issued by the four government-owned general insurers ‘is getting resolved’. IRDA Chairman J. Hari Narayan said that prior to dispute there were only 300 government owned insurers as compared to 400 now.
The four government-owned non life insurers had earlier delisted major hospital chains from offering cashless hospitalization facility for their health insurance policy holders on the ground that the hospitals are over charging the patients.
He was in Chennai to launch the country’s first health cum life insurance product introduced by the city-based Star Health and Allied Insurance Company Ltd partnering with private life insurer Shriram Life Insurance Company Ltd. when he clarified.
There are talks of creation of separate regulator for the healthcare sector. Also, Confederation of Indian Industry (CII) has said none of the major super speciality hospitals have signed with the Raksha TPA (third party administrator).
CIIs members are waiting for a response from the insurers and the TPA since the meeting Raksha in Delhi. As on August 12, the hospitals in Delhi have worked out the packaged rates for 42 procedures and submitted to the TPA.
Once cashless is restored in the empanelled hospitals, in the second phase, hospitals and insurers along with other stakeholders of the health insurance ecosystem and the competent authority would work on a classification of hospitals, which would be agreeable to all.

The other side:

Shivinder M. Singh, managing director, Fortis Healthcare said ‘There will always be a differential in the levels of care and services provided by hospitals for a single type of illness. This differential is a function of structures, processes and outcomes. A scientific analysis of all these parameters is essential to grade hospitals.’
Sanjeev Bagai, CEO, Batra Hospital and Medical Research Centre said, ‘This grading or categorization of hospitals should then translate into pricing of procedures in each grade. Premature conceptualization or inference of this complex process must be avoided’. It is essential that a comprehensive exercise be undertaken of grading hospitals based on their infrastructure, clinical expertise, technology base, clinical outcomes, competency of para-clinical man power, accreditation and standards of care is done.

Overseas Travel Cum Health Insurance And Benefits

Vacationing overseas for business, leisure, and education is a humdrum affair today. What is important is getting insured with overseas health insurance. With an overseas medical insurance policy, you can stay secured from unforeseen medical emergencies. Health care is expensive in foreign countries. Then you may come across other hassles such as losing passport, checked baggage, and related paraphernalia. If you are insured with overseas travel insurance, you need not worry. The insurer will take care of everything.

If you are flying overseas once in a year or if it is a first time trip and there are no such trip plans in the near future, you may opt for single trip overseas travel insurance. If you are a frequent traveler, opt for the multiple trip plan. This will help you save on the overall premium and gain more benefits. And then there are certain rules and regulation formulated for traveling to select countries. For few countries, it is a must to buy overseas travel insurance. For example, the Schengen visa for Europe can be issued only if you buy overseas health insurance. Then for certain countries, it is not a must to buy one. It is up to you whether you want to stay financially safe and enjoy a hassle-free trip or get ready to face and bear risks. When you get coverage for personal accident, repatriation, medical expenses, emergency evacuation, loss of checked baggage, loss of passport, etc. against a meager amount, why hesitate or step back. Buy overseas medical insurance that best suits your requirements and ensure a wonderful trip.
Benefits offered under different overseas health insurance plans of different insurance providers vary in few aspects. Maximum of the benefits offered are common in almost all plans. Then there are dedicated plans for certain countries. For example, if you buy Bajaj Allianz Travel Elite Asia overseas travel insurance, which covers all countries in Asia except Japan, you get cover for personal accident and disability, medical expenses and repatriation, loss or delay of checked baggage, loss of passport, trip delay, curtailment and cancellation, hijacked plane, home burglary, and more.

Buy overseas medical insurance at eIndiaInsurance.com. Here, using a unique insurance comparison tool, you can compare insurance policies in no time and get instant quotes with few clicks. eIndiaInsurance offers three payment options cheque, credit card, and debit card for buying. You pay no extra charges to buy overseas travel insurance.

Get Secured For Life With Cashless Health Insurance

Eating disorder and zero attention towards lifestyle are causing a steady wreck in the overall health condition of today’s youth. From obesity to high blood pressure and diabetes to cardiac problems, poor nutrition continues to affect a growing percentage of people, especially the young workforce of a country. There has been a parallel growth of awareness among individuals and that’s one of the reasons why the demand for a comprehensive health insurance policy is on the rise. Looking at the state of affairs and the escalating cost of treatment, each of us wants to shield ourselves against uncertainties.

Since health-related emergencies can crop up at the most vulnerable time, it is advisable to choose cashless health insurance plan so that you don’t come under the obligation of shelling out money when you and your family is in distress. A cashless policy comes with a host of benefits. You are entitled to cashless hospitalisation, which means all medical expenses covered under the policy will be settled by the insurance provider directly with the hospital. You get a wide network of hospitals to choose from where cashless hospitalisation is applicable. The idea of walking into the hospital during emergency, without having to bother about arranging money, is so much assuring.

An all-inclusive policy provides coverage for medical expenses incurred during hospitalisation, which includes room charges, doctor’s fee, medicines bills, and other miscellaneous expenses.

Almost every health plan covers the cost incurred 30 days prior to the hospitalisation and 60 days post discharge. Insurance providers also take care of day care expenses, which include the cost of advanced surgeries and procedures and requiring less than a day’s hospitalisation. Whether you are an individual or you have a family to take care, withcashless health insuranceyou can breathe a sigh of relief. The insured members of the family can also save the cost of pathological tests if they are being done at designated diagnostic centers.

It is always better to think of a secured plan when you are young so that you dont have to worry at the later stages of life. Low premium rate is another compelling reason why young individuals opt for health policies. It helps the insured at a time when he or she may not have immediate liquid money to pay for medical expenses. Not to forget the income tax benefit you can avail on the premium paid as per Section 80D of the Income Tax Act. However, before you zero in on insurance policy make sure that you have read the policy document carefully. To make the most out of your policy, assess the overall limits under the policy that you have chosen and also the range of coverage.

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Now Secure Your Extended Family With A Comprehensive Family Health Insurance Policy

Many health insurance policies in the country come with multiple restrictions. You cannot be insured if you are above the age of 60, your benefactor must be immediate family and the family insurance will cover only your spouse and kids and so on. The very purpose of security and comfort is lost with these restrictions.

However there is good news for all joint families and even nuclear families with ageing parents. Most reputed insurance providers now have a comprehensive family health insurance policy that covers not only the couple and their kids but also the main insurers parents, in laws and other relatives.

In most families, particularly in India there is one main bread winner and a number of people he needs to support. Regular insurance policies on one hand, do not give the main earning member the option of covering his entire family who he supports otherwise. He will need to buy individual insurance policies for each of his family members, including his parents and other dependents like unmarried sisters or unsettled brothers. This will not only turn out more expensive but will also be inconvenient. A comprehensive policy on the other hand will be inexpensive and will cover the entire family at one go.

The Benefits of a Comprehensive Family Plan – At a Glance

Cost Effective When you compare the cost of premium that is incurred on multiple individual health policies over the cost that you pay for a family health policy, you will be able to realize the significant savings your family is making. Furthermore, with a chance to include coverage for your parents and in-laws; your payout towards the premium comes to an even lower average.

Larger Coverage- A family health insurance policy that covers your extended family can be used to clear hospital bills of any one member up to the total sum insured. Since it is not necessary that the amount must be divided equally among the family members, each member of the family is able to enjoy a larger coverage at a lower cost.

Beneficial in Terms of Emergency- In case of large family emergencies where more than one person falls ill at the same time, a complete family policy can prove to be a great boon. You need not run from pillar to post trying to claim insurance on different family members; hereby saving you tons of time and money and consequently ensuring the best care for every member in your family.

A comprehensive family policy that also covers extended family is perfect for big families and for young couples living with their children and parents or for married women whose parents have nobody else but their daughters family to depend upon.

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How To Get Cheap Health Insurance

Finding the best low cost health insurance is easier than most people think, especially now that we are able to go online for information and quotes. There are many individual and family health insurance plans available today in the United States. There is also a lot of competition among the insurance companies. By going online and using comparison shopping sites you will not only save a lot of time but a lot of money too.

These insurance comparison websites can easily be found by using any major search engine. They save consumers a lot of time because all you need to do it input your desired coverage, deductibles, and other options just one time and it will do all the searching for you automatically. They will instantly find you the best insurance companies for the best price based on your desired coverage and options that were input. These insurance comparison sites are free to use and very fast.

You can easily charge your payments to a credit card for online insurance which means you are not going to forget a payment or ever be without insurance. Also, you do not have to write any checks or money orders as was needed in the past when credit cards were not accepted. Another great advantage of buying health insurance online is you can change your coverage, deductibles, or payment options with a few clicks of the mouse rather than going through a paperwork delay with a local agent.

Although it does increase your risk, one way to lower your costs is to set a higher deductible. If you are in good health you will likely come out ahead financially. Another way to lower your cost is to eliminate the coverage that you will not likely need such as maternity coverage or prescription coverage. Also there are many providers that offer cheap health insurance with low cost premiums for single people. However, the most important thing is you want a company that has a good track record for paying claims, without fighting you on every little detail.

There is low cost health insurance for every budget. With a bit of online research and understanding on your part, you can easily get cheap insurance. With the rise of medical insurance costs, most people look for low cost premiums that will ensure quality medical attention at the time of need, but still at a price they can afford. By buying your insurance online, you should be able to find a low cost health insurance plan that meets your medical requirements as well as your financial situation. So the best way to get low cost health insurance quotes is to go online and start comparing the insurance companies for the coverage you need.

How to Get the Best Health Insurance Price

Health insurance is a must in today’s climate of rising health care costs. If you aren’t fortunate enough to receive health insurance through your employer, here’s how to get the best price on health insurance on your own.

What Kind of Health Insurance Do You Need?

You don’t want to pay for more health insurance than you need, but you do want to make sure you are protected. The first thing you need to do is decide what kind of health insurance you need. Begin by asking yourself these questions:

* How much can I pay for co-payments and deductibles? The higher you set these items, the lower your premiums will be, but you need to make sure you can pay them.

* Do I need short term or long term health insurance? If you expect to get a job that will include health insurance, short term health insurance will cover you until your employer plan begins.

* Do I need basic or comprehensive coverage? Basic coverage covers hospitalization and inpatient/outpatient surgery, while comprehensive coverage can also include doctor visits, preventative care, and prescriptions.

* Do I have a particular doctor or hospital I prefer? You’ll want to make sure your preferred doctor and hospital accepts your insurance.

Find the Best Price on Health Insurance

Now you can start looking for the best price on health insurance. Begin your search by going to an insurance comparison website. These websites make it fast and easy for you to get and compare quotes from different insurance companies. All you do is fill out one simple form with information about yourself and your insurance needs, and you’ll soon get quotes from multiple A-rated health insurance companies.

On the best insurance comparison websites, you can even talk with insurance professionals, online or by phone, and get answers to all your health insurance questions. (See link below.)

Visit or click on the following link to get health insurance price quotes from top-rated companies and see how much you can save. You can also get more insurance tips there.

The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written a number of articles on finding the best health insurance price.

California Health Insurance – How to Get the Best Rate

More than 21% of Californians do not have health insurance. If you’re one of these people, you risk losing everything you own if you become sick with a major illness and cannot pay your medical bills. Here’s how to get cheap California health insurance with a reliable company.

Research Private Health Insurance Plans

With 67% of businesses in California offering health insurance to their employees, many Californians receive health insurance through their employers. If you don’t have access to an employer insurance plan, private health insurance plans are a good option.

Health Maintenance Organization (HMO) plans are the least expensive, and most popular health insurance option. With an HMO, you must choose a doctor and hospital that are in the HMOs insurance network and you may need approval before visiting a specialist.

Another popular, but slightly more expensive plan, is a Preferred Provider Organization (PPO). PPOs provide comprehensive health services. You still must choose a doctor and hospital that are part of the PPO’s network, but you may see a doctor or specialist of your choosing by paying more for his or her services.

Choose a Health Insurance Company With the Best Rate

No matter what type of health insurance you decide to buy, the best way to find the best rate on California health insurance is to go online to an insurance comparison website. On this website, you’ll fill out a simple form with information about yourself and your insurance needs. Multiple A-rated health insurance companies will then send you quotes that you can compare.

The best comparison websites even let you talk online with insurance professionals so you can ask questions and make sure you get the best health insurance at the best price (see link below).

Visit or click on the following link to get California health insurance rate quotes from top-rated companies and see how much you can save. You can also get more insurance tips there.

The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written a number of articles on finding the best California health insurance rate quotes.

Understanding Best Health Insurance

Health Insurance in India has received wide acceptance by the masses in the metros. Keeping in mind todays lifestyle wherein chances of procuring lifestyle diseases are very high getting your health insured is a very wise decision. Ultimately that is fun of living! If you enjoy good health then only you can lead a happy and contended life. But the underlying question is how to choose the best health insurance? Best health insurance does not mean purchasing any healthcare plan but a plan that provides you and your family a comprehensive coverage against the hospitalization expenses while undergoing inpatient treatment. The best health insurance would help you reduce the financial burden by settling the claims through reimbursements or availing cashless facilities.

How to select the best health insurance?

Today there is no dearth of health care providers in India. With people becoming more and more concerned about their health and getting their families health insured, many health care providers are emerging in the Indian market to provide the best health insurance.

Your best health insurance plan should cover the following:

Day care treatments with not having the cap of minimum 24 hrs of hospitalization. Due to technological advancements some procedure (like D and C) may not require full day hospitalization, but the coverage should be extended in your policy.

Hospitalization charges including cost of treatment, consultation fee of doctor, cost of medicines/diagnostic tests, room charges, ICU charges etc.

Expenses towards Domiciliary hospitalization wherein the nature of treatment is such that insured can be taken care off at home (generally the case in India set-up) instead of recovering in hospital only.

Pre and post hospitalization expenses towards the ongoing treatment till certain period of time.

Critical illness coverage where a separate sum insured is available to bear the cost of treatment. The premium of policy that provides critical illness cover may be a bit high but keeping in mind the ailments that prevail in current scenario the best health insurance plan must be inclusive of it.

Inclusion of pre-existing disease at a higher premium. Generally the health care providers would provide the cover to pre-existing ailments after 4 or 5 yrs of your association with them which would give them suffice time to understand your medical history. Before opting for any health insurance plan check if this provision would be extended.

Tax benefit under section 80D up to Rs 15000 against the premium paid in a year.

In a nutshell, best health insurance is very subjective as it varies from person to person depending on their financial position and family support. So, analyze well your needs and go for the best insurance plan that would help you share your financial crisis at the time of need.

Why You Should Not Overlook Visitor Health Insurance Plans

Travels and tours are one of the best things that could happen in our lives. They allow us to get free from stress and refresh our mind with great memories. There are many popular destinations abroad which you can choose to spend your time with family and friends. You will be able to keep up the excitement of visiting a foreign land only after paying attention to your own health protection needs. Disease is a normal thing but it can spoil your journey. You are required to avoid it especially in a foreign land. As you cant predict the kind of disease you are likely to face during your trip, it would be enough to carry your regular medicines. However, visitor health insurance to Canada and USA plans can turn out to be more beneficial for the visitors.

Today, most of the American tourists purchase short-term health insurance plans before going there for employment, study or vacations. If you are considering going there, you will have to compare different travel protection plans and choose the best coverage offer. Even if your trip is limited to a few days or a few months, the coverage benefits of a traveller plan will be highly useful for you.
Before purchasing from any international insurance agency, look into its service offerings and options. You can compare them with what other insurance sites offer. Many insurance sites are multinational and maintain customer executives to answer your queries and help you pick up the right policy. They send you details and allow you to compare the value of various visitors health insurance policies on your own. By providing you quick support, they want you to make the right selection for your travel plan.

No matter whether you are young or old, you may fall ill during your trip due to stress and exhaustion. If you are using travel insurance coverage, you can manage the treatment cost of variety type of health problems. It is the travel insurance company who will be responsible to pay your medical cost during any accident, evacuation or expatriation. Visitors health insurance to Canada or USA has been widely recognized by visitors for their protection value. You too can apply for it and be able to avoid any difficulty related to your medical condition during a foreign travel.

Before picking up a medical protection plan you will have to think about some key factors. Coverage limit of the policy and premium rates are two of the most important points for consideration. So, find out whether you can pay the required premium till your journey ends and whether the coverage limits are applicable in all health conditions or in a few selected types. There is no doubt that you need measures to avoid the rising treatment and surgery cost in foreign countries. Before visiting Canada or USA, you can buy an insurance plan for your safety and protection.

Aviva Health Insurance

A quality insurer is pretty hard to find these days, because many companies are simply on a profiteering overdrive. Therefore it is usually not a bad idea to stick to the reputed players, particularly if its health insurance you want. And there are very few which can match up to Aviva health insurance in that regard.Aviva is the largest insurer in the UK and has various health cover plans meant to suit all needs and budgets. Of course choosing a healthcare plan is ultimately something you do after a lot of consideration, but most of the time insurers show their true colors when you lodge a claim.Aviva has a commendable claims-to-settlement ratio and will rarely reject your claim if it is filed with the correct documentary evidence and as per their instructions. Decisions regarding claims are made by capable administrators backed up by a nursing team. Settlements are quick and so you do not feel financially exposed at any point of time.Aviva health insurance, also provides for switching of individual health insurance from other private operators. So, if you are not too happy with your present insurer, you can get in touch with Aviva to complete the formalities required for a switch. You will get a plan that is either identical or very similar to the one you have.Then there are Aviva healthcare plans for children. Because children have specific healthcare needs, they have to insured differently so that their future is secured. You can also try the International healthcare plan which provides global coverage or the Speedy Diagnostics plan which covers all expenses involved in getting a medical condition diagnosed quickly by specialists.There are a large number of Aviva network hospitals you can get treated in all over UK. So, getting a quote from Aviva health insurance can solve all your insurance worries quickly!

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