It offers
hospitalisation coverage of Rs. 15000 for normal delivery and Rs 25000 for a C - section delivery, provided you'll have to serve a waiting period of 48 month to avail this benefit.
Is it is more than just
hospitalisation coverage?
Beneficiaries can avail
hospitalisation coverage up to INR 30,000, and this coverage extends to five family members — head of the family, spouse and a maximum of three dependents.
Under the scheme, the beneficiaries are offered
hospitalisation coverage of up to Rs 30,000 for most diseases that require hospital stay.
Not exact matches
Health insurance offers comprehensive
coverage, whereas mediclaim pays out only to cover expenses that arise due to
hospitalisation.
A basic health insurance cover would include
coverage for
hospitalisation and surgical treatments up to a certain limit.
You can choose between Hospital Plan and Complete Plan for the core
coverage, and both plans offer 100 % cover for
hospitalisation with few maximums.
Optional
coverage against Accidental
Hospitalisation Expenses and Accidental Hospital Daily Allowance
For example: In case of ICICI Lombard «Personal Protect» policy, «Optional
coverage against Accidental
Hospitalisation Expenses and Accidental Hospital Daily Allowance» is provided.
The insurance company may not provide cover for pre and post
hospitalisation expenses, may put a limit on specific surgeries or hospital room expenses, or completely exclude certain diseases from the policy
coverage.
A Mediclaim policy offers
coverage for
hospitalisation charges for any treatment, surgery or accidental injury.
Only accidental
hospitalisation gets
coverage from the beginning.
However, the
coverage provided in such cases might not be sufficient to take care of the spiralling
hospitalisation bills say 10 years from now.
Insurance premiums vary from insurance company to company, the excess level individually chosen (franchise), the place of residence of the insured person and the degree of supplementary benefit
coverage chosen (complementary medicine, routine dental care, semi-private or private ward
hospitalisation, etc.).
Thus, a comprehensive health insurance policy has wider
coverage compared to a personal accident policy, which does not take into account the inpatient
hospitalisation expenses due to any sickness / ailment.