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The Benefits of Mediclaim Policies: How It Can Help You Manage Healthcare Costs

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The Benefits of Mediclaim Policies: How It Can Help You Manage Healthcare Costs

Since the last decade, the country has experienced a high rate of inflation which has narrowed the spending funnel. People find it hard even to access the basic amenities of life, including quality healthcare services. To make medical services affordable for the general public, health insurance companies came up with various mediclaim policies. These policies are specially designed by keeping in mind the varied medical needs and the income slots of the citizens. To know how the mediclaim policies can help you manage healthcare costs, you must continue reading.


Mediclaim policies or health plan takes care of your medical expenses and prevent out-of-pocket expenses arising out of hospitalisation. It typically covers pre and post-hospitalisation costs for up to 30 and 60 days, respectively. To avail the benefits of the health policy, you have to pay an annual premium which depends on your age, medical history, and the coverage you choose.

Benefits of Health Plan

It is important to burst the myth that the best health insurance in India is meant for senior citizens or people with medical histories. Rather it is essential for everyone as most of youl live in a toxic environment where you breathe poor air and consume junk food more often than ever. This unhealthy regime invites serious health issues even at a young age. By having a health plan in place, you can reduce the financial burden in the treatment of such health conditions along with the following benefits:

Cashless Hospitalisation

Generally, health plans come with the benefit of cashless treatment during hospitalisation. This means you can access the admission process in the hospital by paying nothing in cash. You can avail of this benefit by showing the health card of the policyholder at the time of admission to the hospital. This facility reduces the financial burden and sudden requirement of money in case of medical emergencies.

Pre and Post-Hospitalisation Expenses

The medical expenses do not limit to hospitalisation; rather, it gets accumulated in the form of pre and post-hospitalisation medical bills. A medical policy also provides coverage for the expense incurred 30 days prior to hospitalisation and 60 days post-hospitalisation. This includes medical expenses on therapies, lab tests, doctor’s visits, etc. Thus, it covers all the major healthcare expenditures.

No Claim Bonus

No claim bonus is a benefit you get for the years in which you filed no claim with the insurer. It can either be in the form of increased coverage or a free medical service. However, the benefits vary with the insurer and the plan you choose.


By paying a nominal premium every year, you can receive quality healthcare services from major hospitals. Moreover, medical cost has increased because of the usage of advanced technology for treatment, which otherwise would result in out-of-pocket medical expenses. Thus, it is better to cover yourself and your loved ones under a medical plan to avoid financial burden.

Alternative Treatments

Nowadays, health insurers include coverage for alternative treatments like Ayurveda, Unani, Siddha, and Homeopathy, along with allopathy. This allows you to access alternative treatments for your disease without worrying about medical expenses. However, the treatment should be availed from a registered hospital or medical institution.

Domiciliary Treatment

Domiciliary hospitalisation under a health plan is a benefit wherein the policyholder is considered as hospitalised while getting treatment at home. And since a health insurance provides coverage for hospitalisation expenses, the expenses incurred during domiciliary treatment are also covered.

Daycare Procedures

You can also avail of the similar benefit of hospitalisation in daycare procedures as well. There is no need for hospitalisation in a few procedures and surgeries, like, Cataract surgery, Chemotherapy, Radiotherapy, etc. Since these are expensive medical treatments, the cost is reimbursed by the insurer to avoid your financial burden.

Wrapping Up

Whether you are an individual or a family person, a health plan should be considered as a partner in tough times. It makes sure you get the best medical facilities without worrying about finances.

To make your insurance journey smooth, Niva Bupa offers high-quality service with 24*7 support for policyholders. It offers various best mediclaim policy along with a floater mediclaim policy. The insurer also provides discounts on online purchases of policies.

So what are you waiting for? Pick up your device and choose a plan which best suits you.

SEE ALSO: E-cigarettes Help Pregnant Smokers Quit Without Risking their Pregnancy


Salman Ahmad is a seasoned writer for CTN News, bringing a wealth of experience and expertise to the platform. With a knack for concise yet impactful storytelling, he crafts articles that captivate readers and provide valuable insights. Ahmad's writing style strikes a balance between casual and professional, making complex topics accessible without compromising depth.

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