One usually takes health insurance to protect one’s finances during illness and as a cover for medical expenses. It helps families manage healthcare, treatment, medication costs and diagnostics. There are many types of medical insurance available, yet policyholders find it a challenge to navigate health insurance, especially policy terminology and benefits. Complaints about excessive documentation, delays in claims or claims partially paid are prominent pain points.
To address policyholder concerns, IRDAI (Insurance Regulatory and Development Authority of India) has issued a comprehensive master circular on health insurance products. There are many policyholder-friendly changes announced which should address common concerns, especially the language of policy documents which aren’t easy to understand. There are 20 heads that the circular covers and there are guidelines for insurers too. Some of the prominent aspects of the circular which would reduce policyholders’ worries are:
Denne historien er fra July 22, 2024-utgaven av India Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 22, 2024-utgaven av India Today.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
THE ETERNAL MOTHER
Prayaag Akbar's new novel delves into the complexities of contemporary India
TURNING A NEW LEAF
Since the turn of the century, we have lost hundreds of thousands of trees. Many had stood for centuries, weathering storms, wars, droughts and famines.
INDIA'S BEATING GREEN HEART
Ramachandra Guha's new book-Speaking with Nature-is a chronicle of homegrown environmentalism that speaks to the world
A NEW LEASE FOR OLD FILMS
NOSTALGIA AND CURIOSITY BRING AUDIENCES BACK TO THE THEATRES TO REVISIT MOVIES OF THE YESTERYEARS
THE HOLY GRAIL OF COMPUTING
IN A GIANT LEAP TOWARDS BRAIN-INSPIRED COMPUTING, IISc RESEARCHERS HAVE ENGINEERED A DEVICE THAT PROCESSES INFORMATION LIKE NEURAL SYNAPSES, AND PROMISES A LEAP IN SPEED, ENERGY EFFICIENCY AND DATA SECURITY
THE MISSING STRIPES
Behind the missing 15 big cats in the Ranthambore National Park are a lax monitoring system by local forest officials, political pressure and unreliable numbers
DECOUPLING DILEMMA
AS TENSIONS BETWEEN INDIA AND CHINA THAW AND THE TRADE BETWEEN THEM GROWS, INDIA FACES THE TOUGH TASK OF KEEPING CHEAP CHINESE IMPORTS AT BAY WHILE ENCOURAGING THOSE THAT ITS DOMESTIC INDUSTRY NEEDS
KILLER STRESS
Unhealthy work practices in Indian companies are taking a toll on employees, triggering health issues and sometimes even death
AMARATHA HEAT WAVE
THE MARATHAS ARE ANGRY AND, UNDER MANOJ JARANGE-PATIL'S SWAY, MARATHWADA COULD WELL DECIDE WHO EVENTUALLY WINS IN MAHARASHTRA
A BOLD CASTE COUNT MOVE
The Telangana government has commissioned a comprehensive socio-economic, employment and caste survey that is far-reaching, with the ruling Congress even saying its results will set the ball rolling for an expansion of constitutional rights.
