HOW TO CHOOSE HEALTH INSURANCE
Why can your insurance claim get rejected & how to avoid it? All health insurance policies have a life-long renewal clause which the regulator has mandated. They cannot be rejected and your pricing cannot go up purely because you have a condition right now. So, certain benefits are inbuilt and benefits that t...
04 Jul, 2024, 10.29 AM ISTWhat is the difference between deductible, co-payment in a health insurance policy If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.
01 Jul, 2024, 06.30 AM ISTNew tax regime to old tax regime: How to choose old income tax regime when filing ITR for FY2023-24 New tax regime to old tax regime: Starting from April 1, 2023, if a taxpayer has not opted for the old tax system, their employer will deduct tax from their salary according to the new tax system. This change is because the new tax system will be th...
28 Jun, 2024, 11.18 AM IST
Is your medical claim stuck? Find out why you face problems in health insurance claim settlement and how to avoid them While health insurers can sometimes be blamed putting customers through unending hardship in clearing claims, many a times it’s the policyholder who is at fault. A significant portion of these health insurance claim rejections can be prevented by as...
25 Jun, 2024, 01.26 PM IST6 questions to ask while buying a health insurance policy to avoid claim rejections later How to buy the right health insurance policy that will pay for your claims on time? You can avert claim rejections by asking the important questions at the time of buying health insurance and reading the policy details and fine print carefully. Ask ...
24 Jun, 2024, 06.30 AM ISTInvestment portfolio: Use current rally to get rid of underperformers, increase SIPs by 10% every year to achieve long-term goals faster The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk...
24 Jun, 2024, 06.30 AM ISTHow to cut income tax outgo by Rs 75,000 with NPS, health insurance How to reduce income tax outgo: Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments. TaxSpanner estimates that Tuteja can reduce his tax by around Rs.75,000 if his company offers ...
24 Jun, 2024, 06.30 AM ISTNew govt digital locker to store, access, share your medical history: What is ABHA number, eligibility, benefits, how to enrol ABHA ID card or health ID: Gone are the days when you need to save each and every documents of your medical record for your treatment and insurance. The Centre has introduced ABHA number or health ID, a unique 14-digit number, that will act as your ...
23 Jun, 2024, 07.49 PM ISTI am a retired person; I have a health insurance cover of Rs 5 lakh. Should I get a super top-up health insurance plan? Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
12 Jun, 2024, 11.34 AM ISTTaking a home loan? 5 ways you can reduce cost of borrowing and save money The longer the tenure of a loan, the higher the interest burden. Home loan rates will not come down as the RBI has kept policy rates unchanged. If you are planning to buy a house with a loan, ET Wealth suggests some ways to reduce the cost of borrow...
10 Jun, 2024, 06.30 AM ISTNHCX, a single portal for all health insurance claims soon: what is the claims process, benefits to policyholders The digital platform, to be launched in 2-3 months, will speed up and standardise claim settlement process, leading to cost benefits for the insured.
03 Jun, 2024, 12.56 PM ISTHow NRIs can extract maximum value from voluntary deductible in their health insurance Indian software engineer Ravi moved to the US for a career opportunity but overlooked his health insurance policy in India. After realizing the importance of coverage during visits, he reinstated his Indian policy for financial security and peace of...
02 Jun, 2024, 02.05 PM ISTHealth insurance premiums can be reduced if you don’t make a claim, policy cancellations to be less costly and more: 5 rule changes Health insurance rule changes: To make health insurance policy more inclusive, flexible and customer-friendly, IRDAI has recently released a master circular on health insurance business. The regulator introduces new measures regarding cancellation c...
01 Jun, 2024, 12.49 PM ISTHealth insurance claim rule change: Cashless claims must be cleared in 3 hours; insurer to pay hospital charges for delay in discharge, says IRDAI Health insurance: The Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular to streamline health insurance claim process. Previously, delays in claim approvals forced patients to stay in hospitals longer. Now...
30 May, 2024, 02.31 PM ISTEmergence & Application of Generative AI in Insurance29 May, 2024, 04.35 PM IST Maternity insurance: 5 things to know Maternity Insurance is a type of health insurance policy that offers coverage for all pregnancy-related expenses.
27 May, 2024, 06.30 AM ISTHealth insurance premium shot up over 25% last year for 52% policyholders, finds survey; here's how the impact can be reduced Health insurance: Premiums of health insurance policies went up by more than 25% for 52% policyholders in India over the last 12 months. In this article we tell you how this will impact senior citizens and others and how you can take steps to reduce...
10 May, 2024, 11.56 AM ISTHDFC Ergo withdraws 3 health insurance policies: How will it impact policyholders? Will premiums increase? In a move impacting existing policyholders, HDFC Ergo discontinues its my:health Suraksha health insurance plans. The insurer will migrate customers to alternative policy. Key concerns for existing customers include changes in premiums, coverage det...
09 May, 2024, 01.32 PM ISTLow charges, high returns, income tax benefits — 5 reasons to choose NPS for retirement planning The NPS for the general public completes 15 years this week. Over the years, the NPS has undergone many changes and become more investor friendly. The Pension Fund Regulatory and Development Authority (PFRDA) has made the scheme more flexible and in...
29 Apr, 2024, 06.30 AM ISTHow often should you review health insurance cover? Healthcare inflation is on the rise and the cover needs to be upgraded. The sum insured may prove to be too low to cover even a single hospital bill in the next few years, let alone hospitalisation expenses during retirement. To avoid high expenses ...
18 Mar, 2024, 06.30 AM IST