Insuring yourself against the risk of incurring medical expenses is important. However, before choosing the health insurance policy, it is important to know more about the different health insurance plans. This SlideShare provides more information about medical insurance and its benefits. http://bit.ly/1pHFP90
Insuring yourself against the risk of incurring medical expenses is important. However, before choosing the health insurance policy, it is important to know more about the different health insurance plans. This SlideShare provides more information about medical insurance and its benefits. http://bit.ly/1pHFP90
Kanoe India Healthcare, A division Of Kanoe Softwares proposes a special Medical insurance plan sponsored by Universal Sompo General insurance Co. Limited in joint venture with Allahabad Bank Limited, Indian Overseas Bank, Karnataka Bank Limited, Dabur Investments Corp and Sompo Japan Insurance Incorporation in Public Private Partnership (PPP), aiming to provide assurance of Government/Public sector and superb, hassle free service from private bodies.
Health Insurance products can be challenging in today’s insurance environment. LionShare Insurance Group offers a complete line of individual health and life insurance products that are crafted to meet you and your family’s specific needs.
Importance of Health Insurance: Incase you get sick or need any kind of medical attention. Can you afford to pay for a doctor’s visit without insurance? Depending on the type of doctor and practice it can cost from www.lifethenfinance.com 2 $95–$265 per visit. Insurance co-pays: $5–$50 per visit. Are you certain you won’t hurt yourself or catch some type of cold? Do you have allergies, wear contacts or need any other type of regular prescriptions? Can you afford those medications without insurance? On average prescription generic medications start around $50. Insurance co pays usually around $5–$20.
There are three types of health insurance cover available in the market today. These are:
Mediclaim:
These policies cover you for hospitalization expenses. Actual hospitalization expenses are paid subject to a maximum limit of the sum assured opted for. All insurers offer policyholders cashless treatment in their network of hospitals. Policyholders can also pay upfront and then claim reimbursement from the insurer.
We recommend Mediclaim as a basic “must have” health insurance to our customers. Mediclaim can be individual or a family floater. In individual every person has his or her own individual policy. In a family floater the members of a family pay a single premium and have one insurance policy that covers the family. Sometimes parents and in-laws can also be included in the family cover. A floater cover provides a lot of flexibility for the family and normally works out more economical.
Fixed Benefit Cover
These is a new class of insurance products in the Indian market. These plans pay a pre-determined sum of money depending upon the number of days a person is in hospital and the type of surgery done. This amount may be more or less than the actual expenses you incur. We recommend this as an additional insurance to purchase after you have the basic mediclaim policy. Similar to the indemnity cover, fixed benefit cover has individual and family floater options. Fixed benefit policies will pay you the benefit even if the actual costs are reimbursed by a mediclaim policy.
Critical Illness plans
In these plans a fixed sum of money is paid if the person gets certain pre-specified diseases. Plans can cover anywhere from 9 to 35 diseases. In our view these plans are best bought after one has the basic medicliam and fixed benefit plans. They are ideal for diseases that are debilitating but may not require constant hospitalization - for example cancer or renal failure.
Each of the insurance plans described here can be taken for a single Individual or may include dependents such as the spouse, minor children, parents, parents-in-law, grandparents and grandchildren.
Kanoe India Healthcare, A division Of Kanoe Softwares proposes a special Medical insurance plan sponsored by Universal Sompo General insurance Co. Limited in joint venture with Allahabad Bank Limited, Indian Overseas Bank, Karnataka Bank Limited, Dabur Investments Corp and Sompo Japan Insurance Incorporation in Public Private Partnership (PPP), aiming to provide assurance of Government/Public sector and superb, hassle free service from private bodies.
Health Insurance products can be challenging in today’s insurance environment. LionShare Insurance Group offers a complete line of individual health and life insurance products that are crafted to meet you and your family’s specific needs.
Importance of Health Insurance: Incase you get sick or need any kind of medical attention. Can you afford to pay for a doctor’s visit without insurance? Depending on the type of doctor and practice it can cost from www.lifethenfinance.com 2 $95–$265 per visit. Insurance co-pays: $5–$50 per visit. Are you certain you won’t hurt yourself or catch some type of cold? Do you have allergies, wear contacts or need any other type of regular prescriptions? Can you afford those medications without insurance? On average prescription generic medications start around $50. Insurance co pays usually around $5–$20.
There are three types of health insurance cover available in the market today. These are:
Mediclaim:
These policies cover you for hospitalization expenses. Actual hospitalization expenses are paid subject to a maximum limit of the sum assured opted for. All insurers offer policyholders cashless treatment in their network of hospitals. Policyholders can also pay upfront and then claim reimbursement from the insurer.
We recommend Mediclaim as a basic “must have” health insurance to our customers. Mediclaim can be individual or a family floater. In individual every person has his or her own individual policy. In a family floater the members of a family pay a single premium and have one insurance policy that covers the family. Sometimes parents and in-laws can also be included in the family cover. A floater cover provides a lot of flexibility for the family and normally works out more economical.
Fixed Benefit Cover
These is a new class of insurance products in the Indian market. These plans pay a pre-determined sum of money depending upon the number of days a person is in hospital and the type of surgery done. This amount may be more or less than the actual expenses you incur. We recommend this as an additional insurance to purchase after you have the basic mediclaim policy. Similar to the indemnity cover, fixed benefit cover has individual and family floater options. Fixed benefit policies will pay you the benefit even if the actual costs are reimbursed by a mediclaim policy.
Critical Illness plans
In these plans a fixed sum of money is paid if the person gets certain pre-specified diseases. Plans can cover anywhere from 9 to 35 diseases. In our view these plans are best bought after one has the basic medicliam and fixed benefit plans. They are ideal for diseases that are debilitating but may not require constant hospitalization - for example cancer or renal failure.
Each of the insurance plans described here can be taken for a single Individual or may include dependents such as the spouse, minor children, parents, parents-in-law, grandparents and grandchildren.
Income Protection Insurance comparisons from Income Protection Direct. Best quotes on Income Protection Insurance Australia wide & save 20%.Vist Us www.incomeprotectiondirect.com.au/
Social Marketing For Health Insurance IndustryIffort
Health Insurance brands face lot of challenges with trust & category education being the biggest of them.
Here are 5 Must Do's for Health Insurance Players on social to ensure trust, seek attention and create impact!
Wall of Protection: Health, Income, and Life InsuranceAlanna Russell
Discover how insurance can be customized and used as a financial tool to protect ALL of your life. Take control of your assets, plan your course, protect your empire.
Helps customer find the best policy according to their suitable needs
Features,pros,cons and suitability of various policies are given :-
1. Term Policy
2. Whole Life Policy
3. Unit Linked Insurance Policy (ULIP)
4. Money Back Policy
5. Endowment Policy
Medical Insurance Concept's By - Prof. Manoj Kumar Pandey, MBA , AIII. Associate Professor - Insurance & Marketing,
Birla Institute of Management Technology (BIMTECH), Greater Noida (NCR).
This presentation by Morris Kleiner (University of Minnesota), was made during the discussion “Competition and Regulation in Professions and Occupations” held at the Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found out at oe.cd/crps.
This presentation was uploaded with the author’s consent.
Sharpen existing tools or get a new toolbox? Contemporary cluster initiatives...Orkestra
UIIN Conference, Madrid, 27-29 May 2024
James Wilson, Orkestra and Deusto Business School
Emily Wise, Lund University
Madeline Smith, The Glasgow School of Art
Acorn Recovery: Restore IT infra within minutesIP ServerOne
Introducing Acorn Recovery as a Service, a simple, fast, and secure managed disaster recovery (DRaaS) by IP ServerOne. A DR solution that helps restore your IT infra within minutes.
0x01 - Newton's Third Law: Static vs. Dynamic AbusersOWASP Beja
f you offer a service on the web, odds are that someone will abuse it. Be it an API, a SaaS, a PaaS, or even a static website, someone somewhere will try to figure out a way to use it to their own needs. In this talk we'll compare measures that are effective against static attackers and how to battle a dynamic attacker who adapts to your counter-measures.
About the Speaker
===============
Diogo Sousa, Engineering Manager @ Canonical
An opinionated individual with an interest in cryptography and its intersection with secure software development.
Have you ever wondered how search works while visiting an e-commerce site, internal website, or searching through other types of online resources? Look no further than this informative session on the ways that taxonomies help end-users navigate the internet! Hear from taxonomists and other information professionals who have first-hand experience creating and working with taxonomies that aid in navigation, search, and discovery across a range of disciplines.
2. What is Health
Insurance?
Health Insurance covers
your medical expenses
due to diseases and
accidents
Health Insurance is a
contract between an
individual/group and the
insurer
The policy provides
specific health cover for a
particular premium
3. Reasons for Health
Problems
Fast Lifestyle
Diseases common in
children
Food Habits
Lack of Exercise
Mental Stress & Strain
Pollution
New Types of Diseases
Expect the unexpected
like Accidents .
4. Rising Health Care
Costs - Reasons
Speciality health care
Investigative type of
treatment
Hospital infrastructure
Medical equipment
Cost of living/Inflation
Rising drug prices
Super speciality doctors
Defensive Medical
practice
5. Why is health
insurance essential?
Unaffordable health care
No basic public health
services
Increasing life
expectancy
Increasing percentage of
the elderly persons
Health is wealth
Good news – Health
insurance is affordable
6. Health Insurance
Market in India
Fastest growing segment
(avg. 20% growth)
Growth:
Expected By 2015: 30000
Cr.
24companies offering
health insurance
100+ types of medical
insurance policies
Potential market: Semi-
urban areas
7. Health Care
Scenario in India
Health care expenditure
is 6% of GDP
Govt. spending
< 25% as against
30%-40% in other
countries
Only a small section
of the population is
covered
8. Health Insurance –
Role of Hospitals
In Kerala, people are
conscious of health care;
but mostly unaware of
health insurance
Hospitals are the right
place for creating
awareness of health
insurance
Enough time for patients
and relatives to study
various types of policies
and their benefits
9. Issues & Challenges
for Insurance
companies
Limited Influence over
healthcare delivery
mechanism
High claim ratio – Around
140%
Low level of consumer
awareness
Limited product
development
Limited knowledge for
staff/Agents
10. Issues & Challenges:
Healthcare providers
Pricing demands from
Insurance companies
Lack of proper
communication between
TPAs and Hospitals
Delay in Settlement of Claims
Lack of Training support from
Insurers as well as TPAs
Pre existing diseases
disputes between consumer
and TPAs
Different Insurance
Companies – different
policies, terms etc
11. Expectations from
Hospitals
No overcharging for insured
patients
No fraudulent medical
certification
Pre-existing diseases &
treatment education
No mis-handling of patients
in front office
Classification of hospitals &
transparency
Economical treatment for
poor / BPL patients
No unwanted investigations,
treatments, delays
No manipulation of records
Ex: [Alcoholic accidents and
into Road accidents]
13. Recommended
Policies
Individual Policies
Family Floater Policies
Group Policies (customized)
Senior citizen Plans
Critical Illness Policies
Surgical benefit policy
Hospital Daily Cash Policies
Super Top up Policies
Students Policies
Micro & social security Schemes
14. Health Insurance
Promotion
Health Insurance
Posters/ Banners etc
Simple Health insurance
leaflets in Malayalam
Insurance Help Desk
Policy details,
comparisons, premium
charts, claim procedure
Documentation
assistance
15. Benefits to the
public
Developing insurance
awareness
Selection of suitable
insurance policies
No immediate cash outgo
thanks to cashless facility
Tension free claim
settlement process
16. Encash the
opportunity
Developed Countries –
100% health insured
India Emerging Economy
– Untapped Market
Kerala - Health conscious
people
Kerala – Low awareness
of Health Insurance
Be a part of social
development through
promoting health
insurance
