5 Tips For National Insurance Mediclaim Policy

Insurance Mediclaim Policy

National Insurance Mediclaim Policy is a comprehensive health insurance plan full of exclusive paybacks. It covers hospitalization costs on reimbursement or cashless basis rising from the necessary and reasonable treatment of injury or disease sustained or contracted throughout the policy tenure. So, with the following 5 tips for National Insurance Mediclaim Policy, you will help you to get more benefits

A Brief Descriptions Of National Insurance Mediclaim Policy:

health insurance

The National Insurance Mediclaim Policy concealments the hospitalization costs for the treatment of illness or damage sustained by the policyholder throughout the policy tenure.

Under this plan, you can cover yourself, your spouse, your dependent children, your parents, your parents-in-law, your brother (Not more than 25 years), your sister (in case she is not working she will get covered till her marriage), and your newborn baby from 3 months.

It is obtainable for individuals aged 18 to 65 years with the sum insured choices ranging from INR50,000/- and it goes till INR 5 Lakh in multiples of INR 25,000. As well as you can also add your dependent children aged between 3 months to 18 years if in any case one parent is protected under a similar policy too.

Types Of Health Products Provided By National Insurance Company:

One of the best-known insurance corporations in India, National Insurance offers health insurance policies that support you during medicinal crises.

The corporation completely realizes that investment in a health insurance policy is a basic requirement now and thus, every type of policy covers the daycare treatment, in-patient hospitalization, and contemplates an overabundance of other medical costs.

Thus, the health insurance policy by National Insurance is exceptional. Below you will find different types of Health products offered by The National Insurance Company. You can compare them to buy the most appropriate one for you and your loved ones and to find out whether the health insurance is sufficient for you or not.

Corona Kavach National Insurance Policy:

Corona Kavach National Insurance Policy

Insight of the worldwide pandemic COVID-19, a typical Corona Kavach Policy By the National Insurance Company is introduced recently. It is a specific plan addressing the basic needs of health insurance to ensure the public associated with COVID-19. No pre-policy health check-up is required for the insurance policy. So, let’s now see its basic features provided by the National Insurance Company Limited.

Key Features Of Corona Kavach Policy:

  • Entry Age is between 18years-65 years
  • Sum Insured range is from INR 50,000/- to INR 5, 00,000/-
  • Policy period is 3 ½ months (i.e., 105 days), 6 ½ months (i.e., 195 days), 9 ½ months (i.e., 285 days).
  • You can purchase the policy covering yourself, your parents, your spouse, your children (between the age of 1 day to 25 years), and your parents-in-law. In case your child is over 18 years old and is monetarily free, then the person will be ineligible for inclusion.
  • Ambulance expenses covered up to mentioned sublimit.
  • Lines of dealing with health issues get covered are AYUSH, Allopathy (Up to 100% of SI)
  • Basic hospitalization handling for all dues relating to COVID-19.
  • Pre & Post Hospitalization up to 15 & 30 days correspondingly.
  • This’s a Short-Term insurance plan, with a non-renewal process. Nevertheless, a fresh plan may be purchased where the waiting period may apply
  • Cashless benefits are accessible at Network Hospitals (just through TPA).

National Mediclaim Plus Individual Policy

National Mediclaim Plus Individual Policy

The insurance plan with its inclusive exposure goes past the traditional health insurance covers and also more. This’s a higher sum insured plan that insures for In-patient handling costs (least 24-hour of hospitalization) as well as 140+ Days Care Dealings on a Reimbursement or Cashless basis at the time of the insurance policy period with several additional paybacks as per policy opted.

The costs experienced should be rational, medically necessary, and customary. So, let’s now check out its key features provided by the National Insurance Company Limited

Key Features Of National Mediclaim Plus Individual Plan:

  • Entry Age is between 18yeas-65 years
  • Sum Insured range is from INR 2, 00, 000 to INR 50, 00,000/-
  • Premium payment of the plan is based on the sum insured, optional covers, and age opted.
  • Under the plan, only an individual can get covered as the name of the plan suggests.
  • Treatment covered under the plan is Ayurveda, Homeopathy, and Allopathy (Up to 100% of SI).
  • ICU charges/Room Rent, surgeon, Medical practitioners, anesthetist, specialists, consultant’s charges, and other expenses as per restrictions stated in the insurance plan.
  • Pre a& Post Hospitalization of 30 days & 60 days correspondingly for same illness/disease/damage for which the Hospitalization arose.
  • 12 Contemporary handlings like immunotherapies, oral chemotherapies, Robotic surgery, and etc., are now protected under the insurance policy.
  • Ambulance Charges (together with Air Ambulance), as well as Organ Donor’s costs, covered to sublimit stated.
  • Treatment of eyesight is now protected after stated waiting periods.
  • Cataract operation as per bounds in each policy is available in the plan.
  • Treatment associated with contribution as a non-professional in adventure or dangerous sports issue sublimit.
  • Movability (relocation) permissible from/to alike plans as per the IRDAI rules.
  • HIV/AIDS, Mental illness, Genetic illnesses are now get covered.
  • Nursing care and Doctor’s home visit during your post-hospitalization allocated as per restrictions in each policy term.
  • Motherhood and New-Born Coverage (From birth), as well as Vaccination for kids as per restrictions under the plan.
  • Renewability is available life long
  • Add on covers like Out-patient and Critical Illness Treatment
  • Hospital cash advantage and Medical Emergency Meeting as per bounds under the policy is available.
  • Cashless benefit available at the Network Hospitals
  • Pre-Conveyed Package charges for precise procedure/surgeries are available in-network hospitals only

National Mediclaim Individual Policy

National Mediclaim Individual Policy

This approach repays for In-persistent treatment costs (least 24-hour hospitalization) and 140+ Day Care Procedures on a Cashless/Reimbursement premise during the arrangement time frame. The costs caused ought to be sensible, standard, and restoratively essential.

Key Features Of National Mediclaim Individual Plan:

  • Entry Age is between 18yeas-65 years
  • Sum Insured range is from INR 1,00,000/- to INR 10, 00,000/-
  • You can purchase the policy covering yourself, parents, spouse, children (between the age of 3 months to 25 years), parents-in-law, brother (up to 25 years), and sister (till employed or married).
  • Treatment covered under the plan is Ayurveda, Homeopathy, and Allopathy (Up to 100% of SI).
  • ICU charges/Room Rent, surgeon, Medical practitioners, anesthetist, specialists, consultant’s charges, and other expenses as per restrictions stated in the insurance plan.
  • Pre a& Post Hospitalization of 30 days & 60 days correspondingly for same illness/disease/damage for which the Hospitalization arose.
  • 12 Contemporary handlings like immunotherapies, oral chemotherapies, Robotic surgery, and etc., are now protected under the insurance policy.
  • Ambulance Charges (together with Air Ambulance), as well as Organ Donor’s costs, covered to sublimit stated.
  • Treatment of eyesight is now protected after stated waiting periods.
  • Cataract operation as per bounds in each policy is available in the plan.
  • Treatment associated with contribution as a non-professional in adventure or dangerous sports issue sublimit.
  • Movability (relocation) permissible from/to alike plans as per the IRDAI rules.
  • HIV/AIDS, Mental illness, Genetic illnesses are now get covered.
  • Nursing care and Doctor’s home visit during your post-hospitalization allocated as per restrictions in each policy term.
  • Motherhood and New-Born Coverage (From birth), as well as Vaccination for kids as per restrictions under the plan.
  • Renewability is available life long
  • Add on covers like Out-patient and Critical Illness Treatment
  • Hospital cash advantage and Medical Emergency Meeting as per bounds under the policy is available.
  • Cashless benefit available at the Network Hospitals

Parivar Mediclaim Plus for Family:

Parivar Mediclaim Plus for Family

This Insurance Policy by National Insurance Company Limited covers the family together with parents/parents-in-law under this single floater sum covered. National Insurance Parivar Mediclaim Policy provides health care coverage inclusion which is intended to give monetary assurance against wellbeing related crises for the whole family. It is a family floater strategy; the whole family gets inclusion under a solitary arrangement.

Key Features Of National Mediclaim Plus Plan For Family:

  • Entry Age is between 18years-65 years
  • Sum Insured range is from INR 2 lakhs to INR 5 lakhs in multiples of INR 50,000
  • Policy period is 3 ½ months (i.e., 105 days), 6 ½ months (i.e., 195 days), 9 ½ months (i.e., 285 days).
  • You can purchase the policy covering yourself, your parents, your spouse, your children (between the age of 1 day to 25 years), and your parents-in-law. In case your child is over 18 years old and is monetarily free, then the person will be ineligible for inclusion.
  • Ambulance expenses covered up to mentioned sublimit.
  • Lines of dealing with health issues get covered are AYUSH, Allopathy (Up to 100% of SI)
  • Basic hospitalization handling for all dues relating to COVID-19.
  • Pre & Post Hospitalization up to 15 & 30 days correspondingly.
  • This’s a Short-Term insurance plan, with a non-renewal process. Nevertheless, a fresh plan may be purchased where the waiting period may apply
  • Cashless benefits are accessible at Network Hospitals (just through TPA).

Super Topup Mediclaim By National Insurance Company:

Super Topup Mediclaim By National Insurance Company

Super Topup insurance plan by the National Insurance company is a Family Floater plan that provides you monetary unwinding on the occasion when your hospitalization guarantee charge crosses your entirety safeguarded under some other Mediclaim strategy.

5 Tips For National Insurance Mediclaim Policy:

5 Tips For National Insurance Mediclaim Policy

Though the National Insurance Mediclaim policy has comprehensive coverage, there are several examples and conducts which aren’t protected under this health plan. So, to avoid any kind of hassle in your policy follow these simple 5 tips before buying your National Insurance Mediclaim Plan.

1. Buy The Policy at An Early Age:

Buying a medical insurance policy at an early age would save you from excessive costs. Health insurance corporations consider young individuals as less to be expected to fall sickening as well as get admitted and they take responsibility under less premium payment on their policies.

In case you compare your health insurance plan you will realize when you’re young & healthy, you can get a better deal under the lowest premium cost. So, try to purchase the plan at an early age.

2. Opt for Co-pay and Deductibles

National Insurance Mediclaim policy allows clienteles to go for co-pay and deductible willingly. Try to make the most of this chance to decrease the premium payment of this plan.

You can also compare other health insurance plans to discover the policies according to your needs. However, you can pick the precise amount of the deductible as you will have to pay that sum when you claim on your Mediclaim plan.

3. Choose Carefully

In case the hospitalization bill is INR 5 lakh, then your Mediclaim plan with INR 3 lakh deductible will shelter the alteration of INR 2 lakh. But, in case you are hospitalized two times in a single year, and both the sum of the bill is INR 2 lakh (each), they might not get covered.

So, check before you buy any insurance policy or any Mediclaim. Before buying the National Insurance Mediclaim Policy go and find its terms and conditions and go through it carefully. This will save you from unnecessary hassles.

4. Make Sure Of You Need Individual or Family Mediclaim Policy:

As you know different policy type comes with a different premium cost and also different benefits. And it’s obvious that an individual Mediclaim plan will cost you less than your National Parivar Medicalim Policy For Family.

But one thing you must consider that an individual plan will cover you only. But the Family Mediclaim Policy is bound to cover you as well as your family members. So, the higher premium is for a valid reason.

So, purchase the plan as per your need. If you are a single person then the individual plan is apt for you, But in case you are a family person then you should consider buying a family Mediclaim plan instead of buying an individual plan for each member of your family.

5. Go for Lesser Coverage At The Beginning

In case you’re on a tight budget, then you can begin with a Mediclaim plan with comparatively lesser coverage. And thus, you will have to give less on your Mediclaim premium. In this way, you will get to know the company and can enhance the Sum latter if you want.

You can simply increase your paying extra premium by picking up a higher coverage when your monetary status expands.

Conclusion:

All these tips will aid you to minimalize your Mediclaim policy premium and having more benefits paying less premium. You can as well compare different types of health insurance plans of the National Insurance company to discover medical insurance plans with lower payments on your insurance renewal.

Author’s Bio

Lillian Harris, who was formerly a health insurance agent, now brings an insider’s viewpoint to insurance plans and thus the analysis of the health reform. He is a health policy educator and Economist, who has published extensively on the boundary between public health and poverty policy. His contributions on this website and at foremost media vents are clear indications of his desire for improvement and his revulsion over insurance business practices.