Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?

Individual

Husband & Wife

Family

Name Enter valid name

Date of Birth Enter Valid DOB

Mobile Number

OTP sent Resend OTP

OTP

OTP Expires in

I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.

FIND MY PLAN

The Best Way to Save Money on Medical Bills: Get a Mediclaim Policy

Posted On : 21 March 2023, 1 Years Ago. Blog Total Read 138

Share Total Share 8

With medical inflation rates skyrocketing, Mediclaim insurance or health plans have become essential for making healthcare accessible to the general public. A best mediclaim policy is health insurance that provides coverage for sickness and hospitalisation up to a predetermined amount. Such policies are only valid for a limited time before the policyholder must renew them to continue receiving benefits.

What is a mediclaim policy?

A Mediclaim policy provides coverage for medical bills that may arise. Individuals with a Mediclaim can file a cashless or reimbursement claim. Policyholders can also benefit from tax breaks under these programmes.

Mediclaim is a type of insurance in which the insurance provider reimburses the policyholder for any medical expenses incurred during the policy period. The insured can either submit the required bills for reimbursement or use cashless services at the insurer's network hospitals.

Types of mediclaim policy

You can select from the following mediclaim:

Individual mediclaim: An individual Mediclaim coverage protects only the policyholder from medical bills.
Mediclaim policy for family: A master premium is paid in a family floater mediclaim plan to financially support the family members against any medical obligations.
Group mediclaim: A group Mediclaim is purchased by an employer or a person in charge of a group for the employees/members. It is frequently in addition to the employer's remuneration.
Senior citizen mediclaim: This insurance is created exclusively for senior citizens and frequently includes additional provisions or requires testing.
Critical sickness mediclaim: Mediclaim insurance covers medical expenses associated with treating critical illnesses like cancer, kidney failure, and multiple sclerosis.
Overseas mediclaim: Overseas Mediclaim coverage allows the insured to seek reimbursement for medical expenditures outside India.
Low-cost Mediclaim: Low-cost Mediclaim plans are aimed at the less fortunate members of society. Employers in small and medium-sized businesses typically purchase such insurance to insure their staff at modest costs.

Benefits of mediclaim policy for family

With the best mediclaim policy, insured family members can receive various benefits. For example, you can obtain coverage for all family members, regardless of age, under one policy. Here's a quick breakdown of the main advantages of purchasing a family health insurance plan:

Hospitalization expense coverage without the hassle: In the event of hospitalisation, the insured family member, like in individual health plans, can receive cashless care in an insurer's network hospital. In this way, you can ensure that all your family members are qualified for medical care without compromising their treatment.
Get parental health insurance on the same plan: Several health insurance companies allow consumers to include parents and parents-in-law in a family health plan at no extra cost. Under one plan, you can protect your parent's and your spouse's parents' health.
Affordably priced premium: You can cover your parents, partner and kids under the same plan at a reasonable rate. Family mediclaim insurance policies do not force you to pay individual premiums for all family members.
Insure new family members: You can add a new family member to your family health insurance plan by paying an additional cost. Unlike individual coverage, you do not need to purchase a new policy every time your family grows. Make sure to raise your sum insured if you add your parents to an existing family health insurance plan.

Mediclaim coverage provides financial support to the policyholder through cashless services or reimbursement for medical treatments and hospitalisation. It protects the insured against any medical expenses incurred during the policy period and provides tax benefits under Section 80D of the Income Tax Act of India. The best mediclaim policy helps you maintain financial health and protects your funds from being drained. Platforms like Niva Bupa can help you find the best mediclaim policy for family.

Live Healthy and secure your health with our comprehensive insurance plans

Looking for an ideal Health Insurance Plan

Find My Plan

Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?

Individual

Husband & Wife

Family

Name Enter valid name

Date of Birth Enter Valid DOB

Mobile Number

OTP sent Resend OTP

OTP

OTP Expires in

I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.

FIND MY PLAN

Trending Now

Niva Bupa Customer Portal – “Insta Assist”: Process to Access

The Niva Bupa Customer Login Portal is a secure online platform that allows Niva Bupa customers to access their health insurance policies and manage their accounts.

Niva Bupa Hospital List: Find the Best Cashless Hospitals Near You

Cashless hospitals provide a multitude of benefits, offering a seamless and convenient healthcare experience. Read to know more.

How to Renew your Health Insurance Policy Online

Niva Bupa policy Renewal- Renewing health insurance policy is very important if you want to have a continue protection against medical emergency. Follow Steps for Niva Bupa Policy Renewal process.