March 14, 2023
March 14, 2023
Blockchain security: How to successfully protect an ICO?
Canadian Nuclear Laboratories (CNL) has signed partnership agreements with several companies, Canadian Nuclear Laboratories (CNL) has signed partnership agreements with several companies, inclu...
A working couple, Rashi* and Amar*, have a maternity bill of INR 2 Lac. They have three healthy covers
– two corporate policies and a personal health cover. Which policy(s) should they go for to claim the maximum amount?Married for over five years and finally settled in their careers, Rashi* and Amar* decide to start their family. Rashi, a media professional at a growing start-up and Amar, a software developer at a large IT conglomerate, have ample health coverage, including maternity benefits with both their organisations covering their health and a personal health cover. Effectively, they have three health covers that very well can foot their hospital bill.
- In this case, let’s take a look at Rashi and Amar’s maternity covers:
- Corporate Policy A**: 1 Lac INR Maternity Cover
- Corporate Policy B**: 1 Lac INR Maternity Cover
- Personal Policy C**: 50,000 INR Maternity Cover
- Total Coverage: 2.5 Lac INR
For Rashi and Amar, their corporate health insurance policies and personal health cover look well-suited to meet hospitalisation expenses for the birth of their baby. Given their present arrangement with the hospital, Rashi and Amar will have to tackle a hospital bill of 2 lac INR this September, after the delivery of their baby.
Maternity Cover: How it looks in action?
A look at maternity cover and benefits in action, and how room rent limits and proportionate deductions are critical to your claims processEach of these policies comes with a slew of benefits and claims propositions. To their benefit, all three policies offer cashless reimbursement. The couple, depending upon their needs, can choose a policy to cover different aspects of the hospital bill–room rent, procedure, medicines, etc.