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GST Reform 2025: No More GST on Health Insurance Premiums in India
Introduction Big news for policyholders in India — starting September 22, 2025, health insurance premiums will no longer include Goods and Services Tax (GST). Until now, customers had to pay 18% GST on top of their health insurance premium, making policies significantly more expensive. This reform, announced after the 56th GST Council Meeting, is expected…
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Revolutionising Health Insurance – Cashless Hospital Treatment Everywhere
When you choose a health insurance plan, it is often suggested that you choose an insurer that allows you the cashless treatment advantage in a wide network of hospitals. For instance, you have shortlisted two health insurance plans that look equally appealing. However, one comes with a network of 5,000 hospitals, while the other has…
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Best Health Insurance Policy in India 2024
Health insurance is a must-have product in today’s time because of the rise in the number of lifestyle diseases and expensive treatments. However, finding the right health insurance coverage is difficult when the market is flooded with so many different health insurance companies offering a wide range of health insurance plans. This article talks about…
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How Senior Citizens Can Save Tax With Medical Bills Under Section 80D?
Table of Contents Healthcare expenses during old age can put a significant burden on finances. Investing in a comprehensive health insurance plan is a must to manage the expenses of regular medical care as well as unexpected medical emergencies. The premium paid towards health insurance also helps save income tax for senior citizens under section…
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Network vs Non-network Hospitals – Key Difference Between Network and Non Network Hospitals
Table of Contents Hospitalisation often triggers worry. Separation from home, medical procedures, and uncertainties about recovery can induce anxiety in the patient and also the family members. However, choosing the right hospital can ease the treatment. A well-suited facility offers specialised care, skilled staff, and advanced resources that can help streamline your medical journey. The…
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Health Insurance Plans Covering Pre-existing Diseases (PED) from Day 1
Recent reports reveal that more than 101 million people in India suffer from diabetes1, especially people over the age of 45. About 42 million people2 have some kind of thyroid. Over 25% of people suffer from hypertension worldwide3. The list can go on. Diabetes, hypertension, and thyroid are some of the common diseases that affect…
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No Claim Bonus – Different Types of NCB in Health Insurance
The discovery of numerous diseases, high medical inflation of 14%, and unhealthy lifestyles are some of the reasons that make health insurance nothing less than a basic necessity. Beyond providing financial protection in times of illness or accidents, health insurance policies also offer other benefits and rewards as well. One such appealing benefit that you…
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Waiting Period – Types of Waiting Periods in Health Insurance
Health insurance is the key to financial well-being and peace of mind. Amid rising health concerns, pandemics, poor lifestyle choices, and increasing risks to health have made health plans an essential investment. However, when you purchase a health plan, it is important to understand various terms and conditions of the plan. Only when you understand…
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This Children’s Day, Secure Your Child’s Health By Choosing A Health Insurance
As a parent, securing the future of your children is probably the most important responsibility on your shoulders. While giving them a loving home, good education and a safe environment are crucial. However, with changing times, ensuring good healthcare for your children is equally important. Vanishing playgrounds, smog-filled skies, endless gadgets, and stressful routines –…
