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Nagpur is one of the prominent cities in the financial state of the country. It has huge historical and economical importance for the state as well as the country. The city is famous to have the best oranges in the country and is also referred to as the Orange City.

Nagpur has a huge network of many hospitals that provide medical attention to the residents of the city. The majority of these hospitals are equipped with state-of-the-art medical infrastructure to provide excellent medical attention to everyone. However, there are still many hindrances that make it difficult for every resident of the city to get access to good health care facilities.

In order to safeguard the citizens from the perils of not getting good health care facilities, health insurance is one of the crucial tools at the disposal of the citizens. A health care policy will ensure that the citizens get timely medical attention for themselves and their family members.

Given below are a few details related to health insurance in the city of Nagpur.

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What are the factors to look out for while considering a health insurance plan?

Residents of Nagpur can get access to all the health insurance providers and the multiple types of health insurances provided by them. These health insurance plans can eb easily bought through online or offline modes and can be even topped up when the need for health insurance increases. It is therefore essential to check the various health insurance plans and compare them for their parameters.

Following are the essential factors to be factored in while considering a health insurance plan.

Reputation of the insurer

The reputation of the insurer when it comes to settling the claims is one of the first points to review while buying a health insurance plan. In the event of a poor reputation of the insurer with respect to the settlement of claims or the process not being hassle free, such insurers raise a red flag and should be avoided by the applicants.

Cashless treatment in the approved network of hospitals

Cashless treatment is one of the prime benefits of health insurance. Patients can get access to a good network of hospitals without the need to pay any upfront cash for medical treatment. Insurers that have the maximum number of hospitals under such a network should be preferred by the applicants.

Family members

The number of family members that can be included in a health insurance plan depends on the policy or the guidelines of the insurer. A health insurance plan usually includes spouses, children and parents under a single plan.

The amount of coverage provided by the insurer

The coverage amount provided by the insurer should be adequate to cover the medical needs of the individual and their family members. Applicants can get multiple health insurance policies to this effect.

Waiting period

The waiting period is the time taken for the health insurance policy to come into force. This waiting period is different for each insurer depending on the insurer’s policy and guidelines in this regard. This waiting period exempts them from paying the insurance claim. The waiting period is from the time the policy is taken till the time it comes into effect. Insurers have to remember that if the waiting period for the policy is too long, the applicant may not get the full benefits of the health insurance and may end up paying high costs in the event of hospitalization. The standard waiting period is usually 30 days.

Premium to be paid

The amount of premium to be paid is subject to many conditions. Most insurers usually provide a flexible repayment option like monthly premium payment, quarterly premium payment or semi-annual and annual premium payment.
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What are the factors affecting premiums on health insurance plans?

Premium is the amount to be paid by the insured person at fixed intervals agreed between the insurer and the insured person to keep the policy in effect. There are many factors that affect the premium amount that has to be paid for health insurance. Some of these factors are mentioned below.

Age of the applicant

The age of the applicant is the prime factor influencing the premium to be paid. An older person will have to pay more for good health care than a younger person.

Gender of the applicant

It is generally observed that women applicants have to pay more premium to get the same level of health insurance as their male counterparts

Medical history

If the medical history of the applicant shows serious medical conditions, the premium amount for sanction of health insurance will be high.

Location of the applicant

The location of the applicants is another contributing factor. A person living in an area that may have an adverse effect on the health of the person will lead him to pay more premium and vice versa

Employment or occupation of the applicant

If a person is in a risky profession or occupation, the premium amount will be high on account of high risk.

The lifestyle of the applicant

The lifestyle of the applicant will have a significant impact on their health. Hence, healthy life insurance is equally important for determining the premium amount
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FAQs – Health Insurance in Nagpur

1. Can the citizens of Nagpur get health insurance online?

A. Yes Health insurance can be bought online by,

  • Visiting the website of the insurer
  • Requesting a call back through the customer care service
  • Sending an SMS for enquiry

2. What are riders in health insurance?

A. Riders are the additional benefits that can be added to an existing health insurance plan at low additional cost than taking a separate policy for the required features.

3. What is the deduction for preventive health check-ups?

A. As per the Income Tax Act, 1961, an insured person can claim the benefit of the deduction for preventive health check-ups up to Rs. 5,000.

4. Is a medical test necessary for health insurance?

A. No. It depends on the type of medical insurance you take. Some plans don’t require mandatory health check-ups while others require the policyholder to undergo a mandatory health check-up before issuing the policy.

5. Does health insurance provide coverage for cosmetic surgery?

A. Most insurers do not provide coverage for cosmetic surgery under a health insurance plan.

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