Mediclaim Policy is an Insurance coverage wherein any of your
Health related hospitalization bills can be claimed from the insurance
company. There are two different ways to get your bills claimed either by
cashless facility i.e. your bills are directly paid to the hospital or you can
pay your bills in the hospital and get a reimbursement after submission
of the same to the insurance company.
The mediclaim policy is available only for Allopathic,
Ayurvedic and Unani systems of medicine. A mediclaim or a health
insurance policy provides for reimbursement of hospitalization. If for some
reason, an individual is on bed at and needs an attendant or a nurse, the
medi-claim policy will cover the expenses. The minimum period of
hospitalization should be for 24 hours. However, for certain treatments this
limit is not applicable when package charges are levied for treatment by the
hospital.
It is very important for you to check what all is covered by a medi-claim
policy. Any disease or sickness existing before the mediclaim is taken will
not be covered. Each medi-claim policy has a list of specific exclusions.
Check the list. Most Insurance Companies do not offer mediclaim for
obesity related illnesses, expenses arising from HIV or AIDS or the use of
alcohol or drugs and expenses due to attempted suicide. Expenses associated with
the treatment due to war, riots or a terrorist attack is not insured by
policies.
