Health insurers in India are offering wellness programmes that reward policyholders for activities like walking, swimming or cycling, but consumers may be overlooking the privacy trade-off. Participants may have to share personal…
As health insurance policy renewal season approaches, policyholders must review their sum insured, policy terms, and evolving healthcare needs before renewing. The sum insured should be sufficient to cover current medical costs,…
Ayurvedic treatment is now covered under many health insurance policies, following a directive from the Insurance Regulatory and Development Authority of India (IRDAI) requiring insurers to treat AYUSH therapies on par with…
The Pension Fund Regulatory and Development Authority (PFRDA) has issued operational guidelines for NPS Swasthya, a new health insurance option linked to the National Pension System (NPS). The guidelines were released on…
Health insurance policyholders retain the right to port their policy to a different insurer even after making a large claim, under Indian portability rules. The new insurer reviews claim history, current health,…
Unlimited health insurance policies rarely cover 100% of every claim, despite the name. The term usually applies only to the total sum insured, not the entire scope of care. Exclusions, waiting periods,…
Health insurance buyers should not pick a policy only on low premium or high sum insured, as policy terms can reduce claim payouts. Room rent limit, co-payment, disease sub-limits and waiting periods…
Choosing between an Individual health insurance policy and a Family Floater plan depends on features like unlimited refill, according to Hercules Advisors founder Aditya Shah. In a Business Today show, Shah explained…
Bajaj General Insurance has launched ‘My Family Complete’, a health insurance plan that covers human family members and pet dogs and cats under a single policy. The sum insured ranges from Rs…
Young couples planning a family should not rely solely on employer group health cover for maternity expenses, according to Sarbvir Singh, joint group chief executive of PB Fintech. Group policies are tied…
