“Everyone should have health insurance? I say everyone should have health care. I'm not selling insurance.”
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NOW COVER YOUR FAMILY HEALTH EXPENSES USING EASY MONTHLY E.M.I. OPTION on your bank CREDIT CARD...
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 Senior Citizens Health/Accident Cover (age 60 to 74 years) |
Diabetes Care for existing patients with Diabetes Mellitus Type II |
Critical Illness Care |
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who had suffered bypass/tenting for first time |
Family Floator Health Insurance for Small Nuclear Families
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 Overseas Travel |
| Wedding Gift for newly weds | Accident Cover | For Women |
| Dobule Benefit Plan |
O.P.D. Benefit Plan |
P.E.D. Early Cover Plan |
| Low Cost TOP-UP Plan |
Accidental-death Monthly Income Plan |
High Cover - Low Cost Plan |
| Accidental Death Compensation Plan |
COMBO PACK of Mediclaim+Accidental Death Compensation Plan |
for Large JOINT Families / HUF's |
Cardiac Care for existing patientsMediclaim
Mediclaim, or medical insurance, is one of the most recent forms of insurance. A mediclaim insurance policy ensures that your medical expenses are expensed, or reimbursed by the insurance company, in case you have to incur those during the coverage period. While the earlier medical insurance policies required you to expense the cash and claim a refund at a later date, the present day insurance policies for medical cover offer you an option of a cashless transaction. In this case, all you need to do is hand over a “Cashless Insurance” card, provided by the insurer, to the hospital authorities. The hospital authorities will then expense the amount to the insurance company directly and you do not need to put in a requirement for a claim at a later date.
In today’s world, living is costlier than ever before. And this is more the case with health and related costs. You can get the best of treatments for the worst of diseases, but all of these come at a great price. These treatments often are so costly, you could borrow money and spend the rest of your life repaying these. Or there is an easier way to get through these costs. An effective mediclaim cover is all you need.
Various Features of Health Insurance Policies in India:
- Inpatient hospitalization expenses due to any disease/accident.
- This health plan covers citizens of India aged from 16 days to 80 years.
- The sum insured available ranges from Rs. 3 lakhs/- to Rs.60 lakhs/-
- Cashless mediclaim facility for claim settlement available in a network of more than 4000 hospitals if the services of Third Party Administrators (TPAs) are availed
- Individuals with pre-existing diseases are also entitled to avail the benefit of the health insurance policy from the fifth year when renewals are done without break in insurance and all the renewals are done with the same insurance company.
- No pre acceptance medical examination is done if the beneficiaries are below 45 years of age.
- A proposer can buy the policy for himself and/or for his family members.
- Health insurance policies in India are eligible for Income Tax benefit under section 80D.
Major Exclusions of Health insurance Policies:
- Any expense incurred in connection with the treatment of any pre-existing disease before the first year of the policy
- All expenses incurred in respect of any treatment relating to pregnancy and child birth.
- Treatment for Cataracts
- Benign prostatic hypertrophy
- Hysterectomy
- Menorrhagia or Fibromyom
- Hernia
- Fitula of anus
- Piles, Sinusitis
- Asthma, Bronchitis
- All Psychiatric or Psychosomatic disorders
Costs and Benefits
Amongst all the forms of insurance, mediclaim is easily the most cost effective. Assuming the rising cost of health procedures in delhi NCR region and specially A grade cities life Greater Noida and Noida, mediclaim as a product ensures that you are adequately covered for all your medical expenses which might arise in the future. The coverage offered by mediclaim policies is different, depending on what kind of a policy you choose. Mediclaim Solutions has the option of solutions for getting a mediclaim cover for anyone between 5 months to 80 years old. Mediclaim Solutions also offers you a choice of different policies offering a specialized cover or a floater policy offering cover over all major medical situations.
The cost of any mediclaim policy is only a fraction of the total expenses that you might have to incur in case you are hospitalized as few of us has already realised how costly it could be to get treated in well known hospitals of Greater Noid and Noida cities. This often ranging between 0.5% to 2% of the total anticipated cost, the mediclaim policies offer tremendous benefits when compared to the premium expense. What’s more, you can also claim a deduction on your medical premiums up to Rs. 15,000 in each financial year. That is coverage and tax savings, a dual benefit.
With the advent of medical science human has evolved new and finer was of treating same diseases, but these new procedures are available at higher cost. So the question is can you bear that cost all on or own ? After all you would not like to treat your loved ones with underpriviliged/cheaper medical procedures, when better and more sophisticated ones are available.
Example of Profit in having mediclaim policy
Suppose you are living in Delhi - NCR region and have a mediclaim family floator covering 4 of your family members for Rs. 15,00,000 for which you are paying Rs.17000/- annually (inclusive of all taxes). Suppose you decided to continue your policy for next 10 years then in 10 years you paid Rs. 1,70,000/- in total, against which you along with other 3 members of family are eligible to get mediclaim benefits worth Rs.5,00,000 every year, it means in total Rs.50 Lakh in 10 years.
Now the question is : How sure you are that in 10 years neither your nor any of your family members will face any uninvited and unfortunate illness or accident?
also if you consider additional saving on TAX BENEFITS that you get under section 80(D), then its a complete win-win situation for you.
So, think wisely, evaluate- adapt - and decide.... what is best for your family future. Take a step towards a peacfull future and contact us to get your cover ASAP.
