Health Insurance in Lucknow

Introduction

Lucknow is the capital city of the largest state of Uttar Pradesh. It is home to a rich history and culture and is also known as the Land of Nawabs. It is traditionally a great tourist attraction along with neighbouring cities of Agra and Varanasi. The city is home to many top-notch educational institutions like IIM Lucknow, IIIT Lucknow, and many other major universities of different faculties.

The health care facilities in Lucknow are made up of many private and public hospitals that are equipped to provide round the clock medical attention to the residents of the city. There are some major private sector hospitals in Lucknow as well as many government hospitals.

But the access to these hospitals is not always possible for all the residents of the city. This may be on account of various factors like financial stress, lack of availability of medical resources, lack of hospital beds, etc. While it will take time for the medical infrastructure to be developed to the optimum level, a health insurance plan will provide the much-needed peace for the insured person and relieve them of any financial strain on account of hospitalization.

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What is health insurance?

Health Insurance is a type of insurance that is provided by insurers to their customers. This insurance is against the medical expenses and the cost of hospitalization in case of any medical emergencies or planned procedures relating to any pre-approved diseases or illnesses that are already included as part of the health insurance plans. These plans cover the majority of expenses like the cost of treatment, doctor fees, cost of hospitalization, medical expenses, etc.

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What are the benefits of getting health insurance cover in Lucknow?

There are several benefits of getting health insurance cover in Lucknow. Some of such benefits are highlighted below.

Getting coverage for pre and post hospitalization expenses

Health insurance plans cover the expenses of pre and post hospitalization of the insured person or any of the family members covered in the plan.

Getting coverage for Ayush Treatment

As per the revised rules of IRDAI, the health insurance plans will also cover for the alternative treatment modes like Naturopathy, Yoga, Unani, Siddha and homeopathy.

Getting a tax deduction for health insurance premium payment

One of the biggest benefits of having health insurance is the tax benefit that comes along with it. Insured persons can get a tax deduction for the premium paid on health insurance. The maximum deduction available to the taxpayers is mentioned below.

Getting the benefit of cashless treatment at the approved network of hospitals

Most insurers have a tie-up with the majority of the reputed hospitals in Lucknow. Having a tie-up helps the insured persons get the benefit of cashless hospitalization. This means they do not have to make any upfront payment for getting hospital admission or treatment.

Getting coverage for Covid 19 treatment

Health insurance plans now also provide coverage for Covid 19 treatment. IRDAI also provides certain specific plans for Covid 19 treatment.

Getting coverage for ambulance fees

Ambulance charges are also part of coverage under the health insurance plans.

Getting the benefit of No Claim Bonus

Health insurance plans also provide the benefit of a No Claim Bonus. Under this benefit, the insurer provides an amount as an increment on the policy at the time of policy renewal. This bonus is provided to the insured person if there is no claim made in the previous year for any treatment.

Getting coverage for pre-existing approved medical conditions

Insurers have a list of pre-existing approved medical conditions where the insurer is liable to make payment of the claim raised. This list is different for each insurer and the applicants have to get a clear information regarding the same before opting for the plan.

Getting the benefit of preventive health check-ups

The preventive health check-up is one of the many benefits that are provided under the health check-up plans. These preventive health check-ups also provide the benefit of tax deduction.

The benefits of daily hospital cash

Insured persons can get the benefit of hospital cash which is a sum of money paid for each day of hospitalization.

The benefits of regular medical check-ups

Another important benefit of health insurance plans is the medical check-ups that can be conducted for the persons insured. 
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FAQs – Health Insurance in Lucknow