Health Insurance: Medical expenses are increasing rapidly in the country, in view of which it has become necessary to take the right insurance plan.
During the last few years, the rates of delivery packages in the metro cities of the country have increased significantly. Talking about Tier-1 cities, the cost of caesarean delivery on an average is one lakh rupees while in some hospitals it reaches more than 2 lakhs. Adding to this the post-birth cost of the new child becomes even higher, putting more economic pressure on the new couple. Let us tell you, you can easily cover these expenses through insurance. There are many insurance plans available in the market for this. Let’s know….
Group Health Insurance Cover : Most of the small and big companies in the country provide group health insurance cover to their employees. It covers maternity expenses from the beginning without any waiting period, but many times the employees themselves are not aware of the benefits of this group health insurance.
Personal Insurance Cover: Historically, personal health insurance plans never covered maternity benefits, but in recent years, some insurance companies offer maternity benefits to the insurers after a certain waiting period. The waiting period can vary according to the companies, it can range from 9 months to 24 months. The companies currently offering maternity benefits in health insurance include Care Health, Future General and ICICI Lombard. It is also important to know here that with these insurance plans, a sub-limit of 15 thousand to 2 lakh rupees is given.
New Baby Cover: Just like we have to cover the maternity cost, similarly we need a comprehensive plan for the new baby. If there is any problem for the birth of a child, then do not face financial pressure.
In group health insurance, it is covered from day one while in personal health insurance it is covered after 91 days after the birth of the child. At the same time, some health insurance also provides cover for the new baby with an additional premium. Aap Niva Bupa health insurance plan provides cover from the first day of birth of the baby. However, there is a limit of 35 thousand to 1 lakh in this.
