Health Insurance

Given the rising cost of health care and the income demography of India, the Indian Government has launched various types of health insurance schemes. These schemes cater to a specific set of individuals and provide them with affordable health insurance cover. Currently, there are six Government sponsored health insurance schemes which you should know about.…

It’s been more than a month when our honourable Prime Minister, Narendra Modi, launched the Ayushman Bharat scheme on 23rd September, 2018. The scheme has been renamed to PM Jan Arogya Yojana (PMJAY) and it is the largest health scheme ever funded by a Government. Though the scheme has become operational, many of you are…

The Oxford Dictionary defines a disabled person as a person having a physical or mental condition that limits their movements, senses or activities. Such a disability could be physical or mental. There are, in actual, three different kinds of disabilities which are as follows – Congenital disability Disability which is existent ever since birth is…

Table of Content Individual health insurance plans Family floater health insurance Group health insurance plans Senior citizen health insurance plans Top-up plans Super top-up plans Disease specific plans Critical illness plans The health insurance universe is large and dynamic. Apart from the all-too-important health plan which pays for your medical expenses, there are other variants…

Rahul was involved in a bad car accident on his way to work. He was seriously injured and was taken to the nearest hospital. His family was informed and they rushed to the hospital. The hospital enquired whether Rahul had a health insurance plan or not? His wife, Seema, knew that Rahul had purchased a…

While many now understand the importance of a health insurance plan, they still don’t understand how the premium is calculated. They believe that the premium solely depends on the sum insured they choose and their age. They are, however, wrong. Health insurance premiums are affected by a lot of factors, the sum insured and age…

A health insurance plan has become the quintessential part of every individual’s financial portfolio. It pays for the medical bills which threaten to wipe out your savings. Given the fact that illnesses have become very common and their treatment entails a very high expense, every individual secures his finances through a health insurance plan. While…

The importance of health insurance cannot be ignored in the modern age where medical expenses are at an all-time high. Though medical advancements have brought about a revolution in curing ailments, they have also increased the cost factor. Modern day treatments, medicines, hospitalisation, etc. have become so expensive that a common man needs to resort…