Mediclaim

Medi Assist is a leading third-party administrator (TPA) for insurance companies. A significant chunk of its revenue is linked to the premium under management (PUM) of the health insurance companies and hence, the issue offers a unique opportunity to participate in the growth of the health insurance industry. As a third-party administrator (TPA), it acts as a facilitator between insurance companies, policy holders, healthcare providers (hospitals), as well as the Government and beneficiaries of public health schemes. The services include processing health insurance claims, handling customer grievances, customer relations, contract management, billing, and other services.

Karnataka High Court rules mediclaim reimbursement to be deducted from accident compensation

The court specifically ordered the deduction of ₹1.8 lakh that had previously been reimbursed through a mediclaim policy.

Health insurance: How to choose the best plan

Don't forget about out-of-pocket expenses. High deductibles or co-payments might lower your premiums, but they can also mean more money out of your pocket when you need to make a claim. Another thing to consider is a no-claim bonus.

No need to pay for medical treatment from pocket anymore? | Health insurance update

The General Insurance Council has announced a "cashless everywhere" initiative, which will allow policyholders to obtain cashless redressal of claims at all hospitals. How will this help you and how can you file a claim? Watch this video

LIC keen to re-enter mediclaim segment, awaiting regulatory clarity: Chairman

"We are already doing a lot of long-term health protection and guaranteed health products," said LIC Chairman M R Kumar

Insurers cannot discontinue a policy and force customers to take a new cover

The decision to do so vests with the consumer and not with the insurer

Health insurance, a must for senior citizens despite high premiums

Though the annual premium eats into the savings corpus, the absence of a health insurance policy can lead to a catastrophic losses

In your 30s? Here are five money moves you should make in April

If you start with these five investments, they can give you a head-start in your money life.

Nine lesser known facts of health insurance you should not miss

Health insurance has become a more transparent means to secure your family financially against all health issues.

Ways to save money while buying insurance policy

To buy an insurance policy without having to spend much is an art. Here are some tips to minimize the premium outgo.

Unveil the scope of AYUSH under health insurance policy

With the growing popularity of alternative systems of medicine and the government‘s keen approach to expand and promote AYUSH as a cost effective means of treatment, including such treatments as a mainstream benefit of health insurance policy has become imperative.

Is cancer cover worth buying over critical illness?

Thus, a critical illness will not pay for any cancer treatment if it has been diagnosed at an early stage.

Do you know this about waiting period in health insurance

Buying health insurance policy does not mean all the benefits start immediately. One has to understand the concept of waiting period.

Pros & cons of payment of mediclaim premium in installment

Though it makes health insurance affordable, it also increases the premium paid.

Should you buy health insurance to cover maternity expenses?

It‘s probably good if you have a family floater health plan already covering maternity expenses. This way a single plan will not only cover health care expenses for a family but also maternity expenses at an additional premium payment.

Should you rely on insurance provided by your employer?

Insurance offered by the employers do come with some disadvantages. That makes a policy for oneself a must.

Critical illness cover or health insurance - What to buy?

While critical illness cover offers lump sum payment to insured, the health insurance policy pays for the hospitalization benefit to the extent of sum assured.

Provisions in mediclaim policies you must know

Pankaaj Maalde of apnapaisa.com explains the importance to read the documents and details relating to mediclaim insurance. He points out the important clauses to be noted and consider a plan only after reading the same.

L&T GI launches card for cashless claim verification

L&T General Insurance launched MediCash Card to facilitate instant cashless claim authorisation. This is done in association with E-Meditek Global and which will help reduce the authorisation time significantly.

HDFC Life launches Health Assure Plan

HDFC Life, India‘s leading life insurance company, announced the launch of its new health insurance product – HDFC Life Health Assure Plan, aimed at providing a comprehensive health cover.

Things to know before redeeming investments

In an interview to CNBC-TV18, personal finance expert, Harshvardhan Roongta of Roongta Securities shared views on how one should play the current market trend and when should one redeem investments.

Mediclaim: What you should know before you buy

Medical insurance has come a long way from the simple Mediclaim policy that people used to earlier take primarily for tax benefits. Even from the same insurance company, there are different types of medical policies, offering different features and benefits.

Mediclaim policy: How to claim reimbursements?

Earlier in an interview to CNBC-TV18 Harshvardhan Roongta, Roongta Securities had explained about cashless mediclaim policies. In the current interview he threw light on how one can get reimbursement from their mediclaim policy.

Want cashless claims to process smoothly? Remember this

There are two types of claims as far as mediclaim is concerned - cashless and reimbursement. In an interview to CNBC-TV18 Harshvardhan Roongta, Roongta Securities explained the pros and cons of a cashless mediclaim and re-imbursement claim.

Critical Illness Policy - Not Just a Rider

There is huge difference in the features and benefits of the Critical illness policy and the Mediclaim.