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OPD MEANING IN INSURANCE
Maternity cover in group health insurance plans: Why outdated limits leave employees paying more out of pocketOne of the biggest advantages of a group policy is the waiver of the maternity waiting period. In individual policies, maternity typically ...
Should you buy OPD cover in health insurance? Over 40% of healthcare costs are paid out-of-pocket in IndiaOPD cover in health insurance addresses out-of-pocket expenses for doctor visits, diagnostics, and medicines without hospitalization. While...
Less than 24 hours in Hospital? Know about health insurance coverage for day care treatments, surgeries, and emergency proceduresMany policyholders believe health insurance claims require a 24-hour hospital stay. However, modern policies cover numerous treatments comp...
'Hospital infra isn't sole determinant of better care, outcomes also matter,' says Max Healthcare ChairmanMax Healthcare has significantly increased its bed capacity to 6,500 with a new Saket facility. This expansion targets both domestic patien...
The phygital turn: How tech-enabled advisors are reshaping health insurance accessIndia’s health insurance journeys are increasingly “phygital”: customers research and apply online, but still rely on human advisors at cri...
Now injury from sports and gym also covered in this new health insurance policy, check detailsSBI General Insurance launches Health Alpha, a customizable health plan offering an industry-first add-on for OPD benefits on gym and sport...
Mental health insurance problems continue: 5 things to check before buying a coverEven as mental health-related claims have increased in the past few years, problems continue in acquiring an adequate plan catering to the ...
Health insurance riders vs add-ons - Know the difference, which one to add to your mediclaim policy depending on your medical needsHealth insurance plans offer various riders and add-ons to enhance coverage with options like hospital cash, no-claim bonus, and maternity ...
IRDAI mandates creation of new standardised cover for mental illnesses; will it be easier buy insurance now?On 27 February this year, the insurance regulator issued a circular to all general and standalone health insurers to ‘mandatorily launch an...
Mental illness mandatory coverage from Nov 1: Impact on new & old health insurance plansThe diseases like dementia and Alzheimer’s were not covered by basic comprehensive health policies earlier. However things will change now....
9 ways to reduce out-of-pocket medical expenses, optimise your health insurance coverFind out how to optimise your insurance plan and strategise medical expenses to bring down your healthcare costs.
Health savings account best way to promote OPD product: Mayank Bathwal, Aditya Birla Health InsuranceThe best way to promote an affordable, relevant and meaningful OPD product is through a health savings account, where you put aside a pool ...
Does your health insurance cover gym and sports injuries?If you are someone who leads an active lifestyle or are a gym-goer, you should be clear about the types of sports injuries possible and whi...
How health insurance has changed during the year 2019There has been a consistent effort to standardise health insurance definitions through various regulatory amendments. The industry is exper...
Should you buy OPD insurance cover?There is a need for insurance plans that take care of outpatient department (OPD) expenses. However, OPD products have so far failed to bec...
Insurance queries answered by Rituraj Bhattacharya, Bajaj Allianz Life Insurance
Expertspeak: Find ways to catch customers young2016 will be a year of comprehensive and longterm products for the general insurance industry
A standalone OPD health plan? Not too soon, say insurersAccording to a report compiled by Swiss Re, 75% of medical spending in India is out-of-pocket. One of the reasons is, low penetration of he...
- How to make the most of 'day- care' health insurance covers?
IRDA chairman urged insurers to launch more 'day-care' covers, highlighting that non-hospitalisation expenses amounts to twice the hospital...
- Assess costs before you go for higher health cover
You can buy a higher health cover to meet additional hospital expenses. But first find out if it’s worth the premium you’ll be paying.