Processing .....please wait.. 
The article has been forwarded.... 
Now, health insurance to cover OPD charges
By SiliconIndia | Thursday, 10 December 2009, 01:55 Hrs |
4 Comments
Apollo DKV's Maxima and ICICI Lombard's Health Advantage Plus come at a fixed annual premium of
13,000 and 15,000, respectively. Unlike other medical insurance policies - which require a minimum 24-hour hospitalization - the sum assured is linked to the age of the policyholder. To check against possible misuse, companies have for the moment, decided to cap the OPD expenses, reports Business Standard.However, one can claim OPD charges only once during the during policy term. In addition, both the policies do not allow, an insured person to claim OPD cost within 90 days of commencement of the policy. To claim for OPD expenses, a policyholder will have to submit the doctor's prescription and medical expenses bill. "The whole idea of covering OPD expenses is to ensure early detection of diseases, and this will lead to better healthcare," ICICI Lombard's Head of Health Insurance Sanjay Dutta said.
The move is part of a strategy to step-up focus on the retail segment as general insurers are saddled with losses on corporate health insurance, something that they were doling out for free to get the fire and engineering business over the last few years. In recent months, insurance companies are increasingly focusing on reducing claims and have gone to the extent of terminating a corporate health insurance policy midway through the term. In addition, they have got the insured employees to shell out a part of the claim.
Don't Miss ( 1-5 of 25 )
Post your Comment
All form fields are required.
Write your comment now
Reader's comments(4)
1:
Appreciate the step taken by both insurance company.
But for "one can claim OPD charges only once during the during policy term."
why there is such limitations, if heath insurance be given then whole of the health checkups/ illness should be covered.
If a person health is insured then his complete health checkups should be taken care by Insurer.
But for "one can claim OPD charges only once during the during policy term."
why there is such limitations, if heath insurance be given then whole of the health checkups/ illness should be covered.
If a person health is insured then his complete health checkups should be taken care by Insurer.
Posted by:Sumit`
- 10 Dec, 2009
2:
Insurance is the coverage given for unfortunate losses.If it starts giving all the coverages it will run into losses.
Shamim Replied to: Sumit`
- 11 Dec, 2009
3:
This is a very good initiative by the insurance firms, it would great if others also start offering such schemes..
Posted by:Andy
- 10 Dec, 2009
4:
I dont feel its very good initiative.. Indian health care is moving in the same direction as its in US currently.. Please stop creating the same mess to refuse someone claim based on their previous record and all. I feed its just in profit of insurance companies to refuse some's insurance and make them uninsured.. Please save india from this mess..
Raman Replied to: Andy
- 10 Dec, 2009
Beautiful and dress selection, please go to Dresses
Sign Up for DailyDose and Read the Day's Highlights
Email:
 |
SiliconIndia:
About Us |
Contact Us |
Help |
Community rules |
Advertise with us |
Sitemap
News:
Technology |
Enterprise |
Tech Products |
Startups |
Finance |
Business |
Career |
Magazine |
Dailydose |
News archive
Career:
Jobs |
Companies |
Mentorship |
Videos |
Career blogs |
Training Institute |
Freshers
Online courses:
Web developer |
Java developer |
CCNA training |
SEO |
SAS |
SQL server 2005 |
J2EE
Education:
MBA |
MCA |
Engineering |
Overseas Education |
Internship
Life:
Jokes |
Bookstore |
Relocate |
Marketplace
Cities:
Startup |
Real estate |
Finance
Send your and help us continue to improve SiliconIndia
© 2012 SiliconIndia all rights reserved
© 2012 SiliconIndia all rights reserved