Health Insurance in Kerala

The ongoing COVID-19 pandemic has woken the entire world because medical emergencies are unpredictable and can cause severe financial upheaval. Moreover, with a high infection rate in Kerala, people are beginning to recognize the value of having a good health insurance plan. With rising medical costs, access to good medical facilities and hospitalization costs can be financially challenging. As a result, getting an Individual Health Insurance for yourself or a Family Health Insurance for your family can provide the extra protection you require in these trying times. Aside from the obvious benefit of having the financial security to care for your loved ones, a health insurance plan is extremely useful in combating medical treatment inflation.

Find below some more points to understand the importance of having mediclaim insurance in Kerala:

Rising Healthcare Bills

Healthcare costs are currently extremely high, and the cost is expected to rise further in the future due to medical inflation. Therefore, it is critical to have the best medical insurance in Kerala to protect yourself from rising healthcare costs and remain financially secure.

Shift in Lifestyles

People's lifestyles have changed dramatically; we are required to travel frequently, do not have enough time to care for our health, engage in fewer physical activities, and frequently overlook small signs of an emerging health ailment that can become severe in the future. Lifestyle changes, poor eating habits, and pollution are some of the primary causes of the early onset of a variety of severe health conditions. Getting yourself insured under a proper health insurance plan allows you to receive free annual health check-ups on a regular basis, thereby protecting you from developing severe health ailments. Due to all this, health insurance plans are a must-have today because they cover routine medical tests, provide the best health care facilities at renowned hospitals/treatment centres, and cover a wide range of healthcare treatments.

Safety Net

Each and every one of us desires to live a financially secure life. Although achieving financial security is primarily associated with adequately saving for the future, getting yourself insured under a suitable health insurance plan is also critical. In the event of a medical emergency, along with the absence of a health insurance policy, you will be forced to pay from your savings, which will have a negative impact on your financial situation. Health insurance plans assist you in effectively managing your emergency medical needs, allowing you to use your savings more efficiently.

Tax Benefits
According to Section 80D of the Income Tax Act, a policyholder can claim a tax deduction of up to Rs. 50,000 for health insurance premiums paid for themselves and premiums paid for their parent health insurance (senior citizens).
To understand health insurance tax benefits, we've curated an indepth guide to help you save on taxes by the purchase of a health insurance plan

There are numerous health insurance companies in Kerala that offer plans ranging from family floater plans to individual plans, pre-existing disease plans, and special health plans for senior citizens. You can purchase the policy that best fits you based on your requirements and budget. In addition, to provide greater convenience to policy buyers, premiums for various health insurance plans have been reduced significantly in recent years, and the process of claim settlement has been simplified.

Here are some of the many benefits of buying TATA AIG health insurance policy in Kerala:

Covid Coverage

We offer comprehensive health insurance plans, including Tata AIG MediCare/Premier/Protect. These plans can help protect you and your family from the financial burden of seeking treatment for the novel coronavirus, as well as if you are hospitalized (subject to policy terms/conditions/exclusions.)

Cashless Hospitalization

We have around 7200+ network hospitals all over India that help you get quality medical treatments without worrying about settling the bill.

In-Patient Treatment

This includes room and board, ICU fees, nursing fees, medications, and other related consumables. Medical expenses incurred directly as a result of the hospitalization would be reimbursable.

Daycare Procedures

Many treatments that previously required more than 24 hours of hospitalization can now be completed sooner with technological advancements. As a result, we cover up to 541 different daycare treatments that do not require hospitalization.

Domiciliary Hospitalisation

In the event of medical treatment for an illness/disease/injury that would normally necessitate hospital care and treatment is administered while confined at home due to any of the following circumstances, that when the Domiciliary Hospitalisation Benefit comes to use

• the patient's condition is such that he or she is unable to be transported to a hospital
• the patient receives treatment at home due to a lack of available hospital rooms

Organ Donor Expenses

Organ donation is one of the noblest gestures one can make, and we applaud this selfless act. When an insured is a recipient, our policies cover the costs of organ harvesting.

AYUSH Benefits

Tata AIG honours India, the birthplace of Ayurveda. Our health insurance policies also cover in-patient treatments based on Ayurveda, Unani, Siddha, or Homeopathy.

Having health insurance is no longer an option but rather a necessity for all of us. So make sure you secure your loved ones from such difficult times with TATA AIG.