Medical Insurance 5 Lakh

Health coverage of Rs 5 lakh You can avail a top-up of Rs 40 lakh. Interestingly, with a deductible of Rs 10 lakh, this additional coverage of Rs 40 lakh will cost you upwards of Rs 8,200 per.... 5 Lakh Cover per family per year – Family will get free 5 lakh healthcare cover per year for hospitalization across all public hospitals and private empanelled Hospitals in India. As of now, 19,871 Hospitals have been empanelled in this scheme.. Under this Universal Health Coverage, the beneficiaries shall be entitled to free health insurance cover of Rs 5 lakh per family per year on floater basis and there is no restriction on family size, age or gender. All pre-existing illnesses shall also be covered besides; cashless services shall also be available in all the empanelled hospitals.. The Rs 5 lakh cover of the National Health Protection Scheme is much more than the cover provided by fairly well-functioning state insurance schemes, such as those in Andhra Pradesh, Tamil Nadu and Karnataka, which ranges between Rs 1 lakh to Rs 2 lakh.. Health Insurance is a type of insurance cover that provides you (Policyholder) coverage against medical & surgical expenses incurred by you during illness, injury or hospitalization. Health Insurance Plan is a product offered by insurance companies that covers all costs related to the medical expenses of the insured..

National Health Protection Scheme, Modi Swasthya Bima Yojana, Modi Health Insurance Scheme, Modicare Scheme. Kindly understand that All of these names refer to only one scheme which is The Health Insurance Scheme ( Announced During Budget 2018-19) which will provide Rs. 5 Lakh benefit to Beneficiaries.. Eligibility Criteria :. Under this ambitious National Health Conservation Scheme, health insurance cover up to Rs 5 lakh lakhs will be provided to the 10 Crore poor families for advanced treatment every year. The government has now said that it will allocate Rs 2000 Crores for this scheme..

Total health coverage – Each registered beneficiary family will attain cashless treatment facility equal to Rs. 5 lakhs. This amount will be allocated for each financial year. Renewal of the insurance – Though the scheme will be implemented on a yearly basis, applicants will not have to worry about taking any action for renewal for the next year. Applications will be automatically renewed by the authority..