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
Screaming Success
Now Funny, Now Scary, This Genre Has Come Of Age In Hindi Cinema, Pulling In Audiences And Monster Returns At The Box Office
KING OF FRUITS
Sopan Joshi's Mangifera indica: A Biography of the Mango is an immersive, behind-the-scenes look at the world's most delicious fruit
HAVING THE LAST WORD
Writer, politician and wordsmith Shashi Tharoor is out with a book of essays celebrating the magical world of words
Indian Encore
The legendary tenor Plácido Domingo will be in Mumbai with the opera competition Operalia, which makes its debut in India
Charismatic Cat
Peppered with stunning illustrations, Caracal: An Intimate History of a Mysterious Cat is a deeply moving and meticulously researched account of the elusive felid
BETTER LATE THAN NEVER
After a pandemic-induced hiatus, actor Sharvari is riding high with several back-to-back releases-from Munjya to Maharaj and Vedaa
Trial by Fire
Hounded by allegations of conflict of interest in the Adani probe and rising discontent among her own staff, the Sebi chief has much to answer for-and disclose
WE WILL ROCK YOU
India's winter concert season is looking great, with leading international stars and bands set to captivate audiences
PK WALKS THE BIG POLL TALK
Prashant Kishor, the ace of the backroom, joins the battle for Bihar with lofty ambitions. Can his armoury of new ideas upset the old equations?
LORD of the ROLES
VIKKANT MASSEY is nothing if not versatile, straddling the worlds of independent and commercial cinema with élan
