ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Banking and Insurance Paradise ( BBI Projects and Research Notes ) > Upload / Download Banking and Insurance Projects and Notes > Marketing in banking and insurance

MEDICLAIM

MEDICLAIM

Discuss MEDICLAIM within the Marketing in banking and insurance forums, part of the Upload / Download Banking and Insurance Projects and Notes category; Mediclaim forms a part of miscellaneous insurance category. It can be used by the age group between 5 & 75 ...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
MEDICLAIM
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
Status: Offline
Posts: 7,045
Join Date: May 2010
MEDICLAIM - September 1st, 2010

  • Mediclaim forms a part of miscellaneous insurance category.

  • It can be used by the age group between 5 & 75 years.

  • It covers costs of major illnesses that require hospitalisation.

  • The policy covers reimbursement of medical costs of hospitalisation or domiciliary hospitalisation expenses.

EXPENSES COVERED:

Hospital room.

Nursing expenses.

Doctors fees.

Medical supplies.

Diagnostic costs.

Operation costs.


WHY

Recognition as an industry

Socio Economic changes

Brand Development

Extension to related business


AGE LIMIT

Between age of 5 and 80 years


Children between the age of 3 months and 5 years can be covered provided one or both parents are covered concurrently



TYPES OF HOSPITALISATION EXPENSES COVERED BY MEDICLAIM
  • Room Charges

  • Boarding Charges

  • Nursing Expenses

  • Surgeon and Surgery Fees

  • Anesthetist / Doctor's Fees

  • Blood Charges

  • Oxygen Cylinder Charges

  • Operation Theatre Charges

  • X-ray Etc
.


TIME LIMIT FOR STAY WITHIN THE HOSPITAL

Minimum of 24 hours

However for dialysis, chemotherapy, eye surgery, etc - the stay can be for less than 24 hours


SUM INSURED IN MEDICLAIM INSURANCE
  • The insured will have to choose the sum insured ranging from Rs. 15,000/- to Rs 5,00,000/-.

  • The limit of liability for Domiciliary Hospitalization is about 15% of the sum insured.


DOMICILIARY HOSPITALIZATION

Special conditions for Domiciliary hospitalisation claims :

Medical treatment for more than 3 days.

Hospitalization treatment at home under following conditions

Patient condition serious

Lack of accommodation facilities in the hospital



EXCLUSIONS

Pre-existing disease.


30 days waiting period.


1st yr exclusion of specific diseases.


Cosmetic treatment


Dental treatment (unless hospitalisation)


Others like : Maternity, Cost of Specs and Hearing Aids, Naturopathy, Vitamin Prescriptions, etc.




DOES MEDICLAIM COVER ANY EXPENSES BESIDES HOSPITALISATION COSTS ?
  • Mediclaim covers pre-hospitalisation (limited up to 30 days)

  • Post-hospitalisation (limited to 60 days from discharge) expenses also if they are connected with the sickness / accident for which the hospitalisation takes place

ADDITIONAL BENEFITS


Family discount – 10 %


Cumulative bonus – 5% for each claim (subject to a max of 50%) Incase of claim – 10% reduction


MARKET PLAYERS

  • ICICI Lombard General Insurance organization.

  • TATA AIG Insurance Company Ltd

  • Bajaj Allianz

  • HDFC Chubb General Insurance

  • Reliance General Insurance Company Limited

  • Royal Sundaram

  • Cholamandalam MS General Insurance Company Limited

  • GIC and Four subsidiaries



Cost of medical check-ups available (after 4 claim-free yrs – 1% of sum insured)

Premium upto Rs.10000/- qualifies for tax benefit under Section 80 D of Income Tax Act.

Domiciliary hospitalisation – limited to 15% of sum assured.
Advertisements


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.

Friends: (0)
Reply With Quote
#  
MBA
Your Friendly Helper
 
www.ManagementParadise.com
Rep Power: 10MBA Helper
Automatic Reply for links related to your post

Hello.

I am your friendly Helper. Check the related links below which might be of your interest.

Not a Member Yet ?? Sign Up Now. Click Here

Looking for something? Search the Forums

Need Help on your Research Report ? Ask for Help or Help Others and create your network. Give back to the community by sharing your knowledge in terms of notes, research reports, discussions, articles etc..

Help Yourself and Help Others


Ask us, we are here to help

Related to MEDICLAIM
 

Similar Threads

Thread Thread Starter Forum Replies Last Post
Survey: 95% of IT/ITES respondents have no mediclaim... Pratik Bharti Articles !! 0 October 4th, 2007 10:46 AM
 
Reply

Bookmarks

Tags
mediclaim features, mediclaim importance, mediclaim project

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are Off


Login
Forgot Password?  New User?
  

» Recent Threads

Mark Zuckerberg on net...
Last post by Joel Francis
14 Hours Ago 06:29 PM
0 Replies
UPES BBA Admisisons 2015...
Last post by UPES Dehradun
14 Hours Ago 05:56 PM
0 Replies
WHAT IS THE JOB FOR MBA...
Last post by Charley Copeland
16 Hours Ago 04:50 PM
1 Replies
Will buy custom essays...
Last post by Charley Copeland
16 Hours Ago 04:48 PM
1 Replies
Payroll Services in India
Last post by Charley Copeland
16 Hours Ago 04:44 PM
1 Replies
Inclusive Leadership...
Last post by Charley Copeland
16 Hours Ago 04:43 PM
2 Replies
What is plus point of...
Last post by Charley Copeland
16 Hours Ago 04:37 PM
0 Replies
UK charity slams donors...
Last post by Maya Raichura
1 Day Ago 04:51 AM
0 Replies
Need Financial...
Last post by Joel Francis
1 Day Ago 11:07 PM
1 Replies
Eight Controversial.....
Last post by Maya Raichura
1 Day Ago 10:51 PM
0 Replies
NCDEX Trading - "Simple...
Last post by Sandhya Sen
1 Day Ago 04:30 PM
1 Replies
Welcome, MPA Class of...
Last post by Maya Raichura
1 Day Ago 10:40 AM
0 Replies
War, poverty deprive 21...
Last post by Maya Raichura
2 Days Ago 02:41 AM
0 Replies
PLANNING COMMISSION,...
Last post by Gkmine Com
2 Days Ago 08:07 PM
0 Replies
U.N. arms embargo...
Last post by Maya Raichura
3 Days Ago 11:20 PM
0 Replies

» Ads






» Projects Helpline

Need Financial...
Last post by Joel Francis
1 Day Ago 11:07 PM
Retail Management Notes
Last post by Rajesh Nimbunkar
3 Days Ago 04:40 PM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in