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Aditya Birla Health offers 100% return of premium on no claims for 2 years

Aditya Birla Health offers 100% return of premium on no claims for 2 years
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Aditya Birla Health Insurance offers mental well-being cost support

Mayank Bathwal, CEO, Aditya Birla Health Insurance× In mental health, first is counselling support, and not necessarily hospitalisation: CEO Mayank Bathwal Aditya Birla Health Insurance is offering customers mental health support in terms of counselling and consultation, apart from hospitalisation expenses, under its new comprehensive health insurance policy. The move comes after the insurer’s experience with a mental health helpline for customers during the Covid-19 lockdown that registered a lot of interest and calls. “Mental stress levels had gone up during the Covid-19 lockdown. People were at home, income levels in some cases were impacted, or just the pressure of dealing with so many things. So we started a mental helpline for our consumers free of cost. We were expecting not too many people to call because normally there is this taboo around that. But we were positively surprised that so many customers of ours actually use that facility,” said Mayank Bathwal, CEO,

No waiting period! Now have day 1 coverage for pre-existing diseases

No waiting period! Now have day 1 coverage for pre-existing diseases The option to reduce waiting period existed earlier also in some health plans, but what has changed now is the affordability factor and relaxed underwriting norms. Long waiting period has been one of the key deterrents for people buying a health insurance. Health insurance policies come with a waiting period of up to four years during which they don t cover some pre-existing diseases (PEDs). A pre-existing disease is a medical condition with which a person is already suffering before buying the policy. The exclusion of PEDs becomes a pain-point for many who would want a comprehensive coverage from day one.

Budget 2021-22: Insurers seek greater push to health cover, reduction in GST

Budget 2021-22: Insurers seek greater push to health cover, reduction in GST January 25, 2021 Tax sops for home insurance also on industry wish-list A greater push to health insurance, reduction in Goods and Services Tax (GST), and a separate deduction for home insurance top the wish list of the general insurers in the upcoming Budget 2021-22. There are also expectations of broader healthcare reforms that can augur well for the health insurance segment, which has been in the limelight, thanks to increased awareness driven by Covid. According to Mayank Bathwal, CEO, Aditya Birla Health Insurance, health insurance was growing even before the pandemic. However, the pandemic has reinforced the essential nature of having a safety net for healthcare costs. In this situation, it is necessary to have health insurance as every family today faces questions on their preparedness coping with unforeseen and emergency healthcare costs, he said.

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