Although India has a universal health care system, lack of coverage and infrastructure in the public sector means that many Indians turn to the private sector for healthcare needs. The higher costs of the private sector, however, are out of reach of many Indians, generating demand for private health insurance in India. Those who can afford to purchase private insurance to help pay for the costs of private health care.
- Naval Goel. ...
- 1.Apollo Munich Easy Health. ...
- ICICI Lombard Complete Health Insurance- iHealth. ...
- Religare Health Insurance- Care. ...
- Bajaj Allianz Health Guard.
Mediclaim mostly refers to indemnity-based plans where you get reimbursement for the medical expenses incurred. ... These health insurance covers pay beyond the expenses of hospitalisation. So, there is a subtle difference between health insurance as a whole and medical policy in specific.
Increasing Accessibility
Because of widespread lack of health insurance, a number of plans, both private and public, have been developed to try to put affordable medical care within the reach of ordinary Indians. The “Jan Arogya Yojana” insurance plan is the primary plan designed to be accessible to low-income Indians. Costing $122 per year, it covers up to 60 days of hospitalization. The plan, however, only reimburses patients after they have paid out of pocket, limiting its accessibility to the poor.
- Naval Goel. ...
- 1.Apollo Munich Easy Health. ...
- ICICI Lombard Complete Health Insurance- iHealth. ...
- Religare Health Insurance- Care. ...
- Bajaj Allianz Health Guard.
- Religare Care :
- Apollo Munich Optima Restore Family:
- Star Family Health Optima.
- Max BUPA Health Companion:
- HDFC Health Suraksha:
- Bajaj Allianz Family Floater health Guard:
- Oriental Insurance Happy Family Floater Policy:
- SBI LifeSmart Health Insurance:
Mediclaim policy is a hospitalization benefit that is offered by both public and private sector general insurance companies in India. The mediclaim insurancepolicy takes care of expenses following hospitalization/domiciliary hospitalization in case of any of the following situations-
To ensure smooth and profitable business operations, enterprises offer their employees access to timely medical care. The Reliance Group Mediclaim Insurance Policy not only provides medical coverage for your employees, but also gives you tax benefits.
Section 80D Mediclaim Income Tax Deduction for Individual. ... A health insurance policy provides you with hospitalization benefit; it takes care of your hospitalization expenses. Under Section 80D of the Income Tax Act, 1961, the premium paid formediclaim is eligible for tax deduction.
Health insurance, also called, medical insurance or simply mediclaim, covers the cost of an individual's medical and surgical expenses. The individual pays a fixed sum (premium), every year for the health cover. There are broadly three types ofhealth insurance in India: Hospitalization Plans.
Health & Medical Insurance are same and cover the eventuality incase one gets ill and needs a major surgery/treatment/hospitalization. Life Insurance on the other hand covers the eventuality of death, where the sum assured goes to the Nominee. The money would be handy for the dependents incase of your untimely death.
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