Insurance plan – Intuttitalia http://intuttitalia.com/ Tue, 11 Jan 2022 17:02:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://intuttitalia.com/wp-content/uploads/2021/10/icon-2-120x120.png Insurance plan – Intuttitalia http://intuttitalia.com/ 32 32 Everything you need to know about the Huhuibao insurance plan https://intuttitalia.com/everything-you-need-to-know-about-the-huhuibao-insurance-plan/ Mon, 10 Jan 2022 12:04:00 +0000 https://intuttitalia.com/everything-you-need-to-know-about-the-huhuibao-insurance-plan/ Hello RF What is Huhuibao (沪 惠 保)? This is private and budgetary supplementary medical insurance coverage for residents of Shanghai. It literally means “insurance that benefits the people”. Who can buy it? Anyone who participates in the city’s social health insurance program is eligible. There are no restrictions on age or profession. Expats covered […]]]>

Hello RF

What is Huhuibao (沪 惠 保)?

This is private and budgetary supplementary medical insurance coverage for residents of Shanghai. It literally means “insurance that benefits the people”.

Who can buy it?

Anyone who participates in the city’s social health insurance program is eligible.

There are no restrictions on age or profession.

Expats covered by local health insurance are “theoretically eligible,” but the registration system has not yet been opened to them, said an official at China Pacific Life Insurance, one of Huhuibao’s main underwriters.

How much does it cost?

It costs 115 yuan (US $ 18) per person per year, or about 4.93 cents per day.

Who buys it?

Huhuibao has received some 7.39 million registrations since its launch in April 2021, which means one in three people in Shanghai have bought it.

Of these, more than 5 million registrations were recorded in the first two weeks, a record increase. Young Chinese born in the 1980s have shown keen interest in the plan.

Everything you need to know about the Huhuibao insurance plan

ImagineChina

A local resident buys Huhuibao on his phone.

What does it cover?

Huhuibao pays up to 2.3 million yuan in compensation for medical expenses, and mainly covers self-funded medical expenses by hospitals, high drug costs, proton and heavy ion medical care, and other treatments.

How to make a complaint?

Complaints can be made online through Huhuibao Official WeChat Account or Government Online-Offline Shanghai App (一 网通 办).

How does it work now?

At the end of December, more than 89,000 claims had been accepted for a cumulative amount of 378 million yuan, according to the latest official data on the product.

And about 54.8% of complaints are made by women compared to 45.2% by men.

The three main evils for complaints

The “big three”, namely diseases of the muscular system and connective tissue, cancer and cardiovascular diseases, accounted for the vast majority of claims during the period July-December (37.07%, 35.53% and 7.7%, respectively).

Everything you need to know about the Huhuibao insurance plan

SHINE

The three main evils claimed by Huhuibao

Cancer facts for men and women

The three most common cancers in men were lung, stomach, and thyroid cancers, while lung, breast, and stomach cancers accounted for over 80 percent of all cancers in men. women.

Everything you need to know about the Huhuibao insurance plan

SHINE

The three most common cancers in men and women

Is it worth buying?

It depends on your health and your economic situation as well as private insurance packages.

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Reasons Why Your Health Insurance Plan Should Extend Coverage Beyond India India News https://intuttitalia.com/reasons-why-your-health-insurance-plan-should-extend-coverage-beyond-india-india-news/ Wed, 29 Dec 2021 14:57:56 +0000 https://intuttitalia.com/reasons-why-your-health-insurance-plan-should-extend-coverage-beyond-india-india-news/ With changes such as increasing pollution levels, changing food quality, and lifestyle changes such as poor eating habits, commuting and busy work schedules, the risk of developing health problems increased. As our life expectancy increases, we become exposed to diseases for longer. It is therefore essential to be covered by a health insurance plan. Health […]]]>

With changes such as increasing pollution levels, changing food quality, and lifestyle changes such as poor eating habits, commuting and busy work schedules, the risk of developing health problems increased. As our life expectancy increases, we become exposed to diseases for longer. It is therefore essential to be covered by a health insurance plan.

Health insurance is also important as all kinds of medical costs go up. From December 2019 to May 2021, medical inflation in India fell from 3.8% to 8.4%. With insurance coverage for medical expenses, you can focus on your recovery without having to worry about money. You can claim tax deductions on the premium paid for the insurance plan under Section 80D of the Income Tax Act.

Many people are recommended to travel abroad for special medical procedures. They may need to undergo treatment outside of India, even unexpectedly. Since medical costs are generally higher abroad, a health insurance scheme in India that extends its coverage to other countries can be very helpful.

Why should your health insurance plan coverage extend beyond India?

When traveling to a foreign country, you will usually find anything that is not familiar to you. So, if you do get sick, you may not know who to rely on for financial assistance or for referral to the best health facility. However, a health insurance plan in India that extends coverage globally can help you in either case.

In addition, it is more useful than travel insurance. Unlike a travel insurance plan, comprehensive health insurance is not available for a fixed term only. It can cover planned hospitalization for medical treatment in a hospital abroad and even any pre-existing condition. Plus, unlike travel insurance, a global health insurance plan covers medical costs even when you are back in India.

Hence, these health insurance plans in India are gaining popularity among people who go abroad for higher education, professional reasons and even quality medical treatment for serious illnesses.

The best global health insurance plan can offer various benefits. You can benefit from flexible coverage, regardless of the cost of treatment, and be treated in the best health facilities. Often, some pre-existing conditions may also be covered. In addition, you can benefit from coverage for all kinds of medical expenses (hospital and outpatient care, diagnostics, ambulance services, medical evacuation, repatriation, etc.).

Benefits offered by ManipalCigna Global Health Insurance Plan

The ManipalCigna global health insurance plan offers up to $ 10 million of the insured amount. This health insurance scheme in India offers coverage both in India and abroad.

As part of global coverage, you can take advantage of:

  • Hospitalization for serious illnesses lasting more than 24 consecutive hours
  • Pre-hospitalization up to 60 days before the date of hospitalization
  • Post-hospitalization up to 180 days after discharge from hospital
  • Coverage of transportation costs to a registered ambulance service provider to a hospital for medical treatment of covered critical illnesses, plus the option to use an air ambulance once per insurance year
  • Emergency evacuation to the nearest medical facility that provides adequate medical care if this is not available locally for critical illnesses covered by insurance
  • Medical repatriation to the insured’s home in India or to a hospital close to his home in India when the emergency is caused by a covered critical illness
  • Repatriation of the mortal remains from the place of death of the insured to his residence in India
  • Coverage of the costs of WHO-approved vaccines prescribed for the insured person to travel to a location outside India
  • Cover for robotic and cyber knife surgery for critical illnesses covered by insurance
  • Coverage of modern and advanced treatments of the main covered diseases

National health insurance plan coverage is available for:

  • Day care, hospitalization, road ambulance coverage
  • Pre-hospitalization and post-hospitalization (for the same duration as that of the global cover)
  • Hospitalization in hospital for AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy)
  • Organ donation costs, home expenses, adult health check-up
  • Robotic and cyber knife surgery, modern and advanced treatments
  • HIV / AIDS and STD coverage, mental health coverage
  • Restoration of 100% of the sum insured for injuries or illnesses unrelated to any number of times during an insurance year
  • Premium waiver benefit

The health insurance plan helps both non-employer-employee and employer-employee categories (including affinity groups such as club members, students in educational institutions, account holders bank savings and others). Coverage can be extended for family members including spouse, legal partner, children, parents and dependents. Profitable plans like a deductible, inclusion of a waiting period, co-payment and a limit on personal expenses are available. Optional packages and critical illness insurance additional modules are available upon payment of an additional premium. You can benefit from tax advantages on the premium paid.

In the current COVID-19 pandemic scenario, a global expansion of an uncompromising health insurance plan in India has become even more critical. For this, consider choosing a good insurer like ManipalCigna.

– Content of the brand office


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Buying Term Insurance Is Expensive For Low Income, Non-Graduate Customers, Find Out How | Personal finance news https://intuttitalia.com/buying-term-insurance-is-expensive-for-low-income-non-graduate-customers-find-out-how-personal-finance-news/ Wed, 29 Dec 2021 08:00:00 +0000 https://intuttitalia.com/buying-term-insurance-is-expensive-for-low-income-non-graduate-customers-find-out-how-personal-finance-news/ New Delhi: Purchasing term insurance plans is about to become costly for some customers as a few large insurance companies have introduced new conditions determining policy premiums. Under the new terms offered by a few companies, clients who earn less than Rs 5 lakh per year and who are not graduates will have to pay […]]]>

New Delhi: Purchasing term insurance plans is about to become costly for some customers as a few large insurance companies have introduced new conditions determining policy premiums.

Under the new terms offered by a few companies, clients who earn less than Rs 5 lakh per year and who are not graduates will have to pay more to purchase term insurance. In addition, major insurers have increased policy premiums to make them unaffordable for many.

In accordance with the guidelines of the Insurance Regulatory and Development Authority of India (IRDAI), all insurers in the country still offer standard term insurance plans. But they either increased the premium up to 3 times or offered the policy for a shorter period to make it unattractive to financially weak people.

In addition, a few insurance companies have also offered a minimum education qualification to purchase term insurance. A client must be a graduate to purchase the standard term insurance plan.

If the client is not a graduate, companies require proof of income of up to Rs 10 lakh of annual income. Reports suggest that increased premium policy and complicated rules for term insurance were introduced in the wake of the COVID-19 pandemic.

Reinsurance companies would also have increased compliance in the case of life insurance products. But that’s not all, since reinsurance premiums have also increased significantly.

In India, rates on term plans have remained low compared to other countries. For example, IRDAI’s standard Saral Jeevan Bima term insurance for low-income clients comes at much lower premiums than other policies.

Here are the rates of the term policy:

SBI Life – 30 year old male

The premium for the sum of Rs 50 lakh insured if you earn more than 5 lakh and graduate is Rs 9,614. On the other hand, if the client is not a graduate, the premium increases to Rs 15,518 and the sum insured goes down. at Rs 25 lakh in the Jeevan Political Saral.

HDFC Life – 30 year old male

The premium for Rs 50 Lakh sum insured if you earn more than 5 Lakh and graduate is Rs 9349. Whereas, the premium increases to Rs 9559 and the sum insured drops to Rs 25 lakh under the Saral Jeevan policy of the bank if the client is not a graduate. Also read: Gold Lending Book Outlook in 2022: Huge Reach for Gold Lending for NBFCs and Banks, According to Muthoot Finance MD

Premiums for online direct term insurance plans for men, non-smokers, age – 30, sum insured – ~ 1 crore, income over 5 lakhs and graduate. The prices mentioned below include GST. Also read: Gasoline price reduced from Rs 25 / Liter in THIS STATE. Big advantage for owners of 2 wheels

March 2020 December 2021 Increase

LIC ~ 14,122 ~ 14,122 0%

HDFC Life ~ 12,478 ~ 16,207 30%

ICICI Prudential ~ 12,502 ~ 17,190 38%

SBI Life ~ 15,070 ~ 17,495 16%

Maximum service life ~ 10 148 ~ 11 858 17%

Source: Policy Bazaar, Licindia.in, Sbilife.co.in.

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Taylor Benefits Insurance Reports 38% Increase in Large Group Health Insurance Claims Year-Over-Year https://intuttitalia.com/taylor-benefits-insurance-reports-38-increase-in-large-group-health-insurance-claims-year-over-year/ Wed, 29 Dec 2021 08:00:00 +0000 https://intuttitalia.com/taylor-benefits-insurance-reports-38-increase-in-large-group-health-insurance-claims-year-over-year/ Large group health insurance plans continue to grow in 2021 at Taylor Benefits Insurance SAN JOSE, CA / ACCESSWIRE / December 29, 2021 / Taylor Benefits Insurance reports another exceptional year of growth for its large group health insurance plans, with 2021 seeing a 38% increase in claims for the product category as a whole. […]]]>

Large group health insurance plans continue to grow in 2021 at Taylor Benefits Insurance

SAN JOSE, CA / ACCESSWIRE / December 29, 2021 / Taylor Benefits Insurance reports another exceptional year of growth for its large group health insurance plans, with 2021 seeing a 38% increase in claims for the product category as a whole.

More and more employers are fed up with traditional insurance offerings and are looking for reliable, more manageable options. Many find that large group health insurance plans tick all the boxes while providing their employees with a better, comprehensive insurance product.

These plans cover groups of more than 50 employees and ensure that everyone covered by the policy receives the same benefits. This makes the registration process for a new hire much faster and easier than the traditional route.

There are many types of great group health insurance plans, and Taylor Benefits Insurance has you covered on all fronts.

Find out more about the plans here: https://www.taylorbenefitsinsurance.com/large-groups/

“We have access to all competing insurers in the health insurance market and all other employee benefit plans. »- Said a spokesperson for the company.

Adding “We diligently review our customers’ benefit plans each year upon renewal to confirm that their current carriers maintain a competitive position in the market.”

About Taylor Benefits Insurance

Taylor Benefits Insurance Agency, based in San Jose, is an independent insurance brokerage agency that has proudly served high quality insurance plans to its clients since 1987. This includes health, dental, vision, life, disability plans. , volunteer and 401k.

Website: https://www.taylorbenefitsinsurance.com/

Media contact
Todd taylor
todd@taylorbenefits.net
800-903-6066

THE SOURCE: Taylor Benefits Insurance Agency, Inc.

See the source version on accesswire.com:
https://www.accesswire.com/680153/Taylor-Benefits-Insurance-Reports-38-Increase-In-Large-Group-Health-Insurance-Plan-Requests-Year-Over-Year


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ICICI Pru iProtect Return of the premium | AFN News https://intuttitalia.com/icici-pru-iprotect-return-of-the-premium-afn-news/ Tue, 28 Dec 2021 08:53:06 +0000 https://intuttitalia.com/icici-pru-iprotect-return-of-the-premium-afn-news/ Previous story: KAI India launches Japan-India Institute of Manufacturing training school in Neemrana ICICI Prudential Life Insurance launches a new term insurance plan: ICICI Pru iProtect Return of Premium Posted on December 28, 2021 105% return on premiums paid at age 60 or 70 or at contract maturity One of the most innovative, customer-centric term […]]]>
Previous story:

KAI India launches Japan-India Institute of Manufacturing training school in Neemrana

ICICI Prudential Life Insurance launches a new term insurance plan: ICICI Pru iProtect Return of Premium

Posted on December 28, 2021

  • 105% return on premiums paid at age 60 or 70 or at contract maturity
  • One of the most innovative, customer-centric term plans with self-adjusting life coverage, basic changing life stages, to meet customer requirements
  • Possibility of covering against 64 serious illnesses

Bombay : ICICI Prudential Life Insurance has launched an innovative term insurance product ‘ICICI Pru iProtect Return of Premium’, a customer-centric proposition offering life stage coverage in which the amount of life coverage is automatically adjusted according to the stages of the customer’s life.

The ICICI Pru iProtect premium return offers a 105% return of all premiums paid in the event of survival, in addition to providing coverage against 64 critical illnesses, one of the highest in the industry. It offers two variations – Life Stage Cover and Level Cover.

Life Stage Coverage is an innovative feature that automatically adjusts sum insured or life insurance coverage based on clients’ stage of life. It allows clients to increase their life coverage when it matters most, as responsibilities increase in the early stages. In addition, it automatically reduces life coverage as responsibilities decrease in the later stages of life. It is important to note that the premium remains constant throughout the life of the policy. This is ideal for clients who are looking for adequate life insurance coverage at all stages of their life. In addition, it offers clients the option of recovering 105% of premiums at an early age of 60 or 70 with continued protection until the end of the policy term or at maturity, depending on the client’s choice. .

The Level Cover variant is ideal for people looking for a term insurance plan that offers a survivor benefit as well as a fixed death benefit.

Mr. Amit Palta, Director of Distribution, ICICI Prudential Life Insurance, said, “Our innovative protection product, ICICI Pru iProtect Return of Premium, promises adequate protection at all stages of life with fixed premiums and a 105% return of all premiums. We believe this product answers the questions customers have about the survival benefits. Our approach to product development is to integrate customer needs as product characteristics. We will continue to take advantage of cutting-edge technological solutions to provide financial security to more of the country’s population. This ties in with our vision of building a sustainable institution that responds to clients’ long-term protection and savings needs with sensitivity. “

With the increase in cases of lifestyle-related illnesses such as cancer and heart conditions, it is essential to receive a critical illness benefit. Therefore, ICICI Pru iProtect Return of Premium offers customers the possibility of covering themselves against 64 critical illnesses, one of the highest in the industry.


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UVM Insurance Plan Will Not Pay For Covid-19 Antigen Testing Despite State Advice https://intuttitalia.com/uvm-insurance-plan-will-not-pay-for-covid-19-antigen-testing-despite-state-advice/ Wed, 22 Dec 2021 23:50:04 +0000 https://intuttitalia.com/uvm-insurance-plan-will-not-pay-for-covid-19-antigen-testing-despite-state-advice/ A rapid Covid-19 antigen test is being performed on Friday, December 17, 2021. The University of Vermont has refused to cover home antigen testing for people enrolled in their insurance plan. Photo by Glenn Russell / VTDigger In an emergency to reign Released earlier this month, Gov. Phil Scott demanded that private health insurance companies […]]]>
A rapid Covid-19 antigen test is being performed on Friday, December 17, 2021. The University of Vermont has refused to cover home antigen testing for people enrolled in their insurance plan. Photo by Glenn Russell / VTDigger

In an emergency to reign Released earlier this month, Gov. Phil Scott demanded that private health insurance companies cover the cost of home Covid-19 antigen testing for their clients.

And while Vermont cannot force companies that manage their own insurance to do the same, it has encouraged employers with self-insurance plans to “voluntarily follow the rule in anticipation of new federal regulations” which should. enter into force in mid-January.

Now the University of Vermont – one of the state’s largest employers – has refused to follow Scott’s lead.

As health officials wait for an expected spike in Covid-19 cases resulting from the Omicron variant, the demand for home antigen testing has skyrocketed. With a faster turnaround time than slightly more accurate PCR tests, antigen testing has been hailed as a convenient safety check before getting together with other people.

But aside from those taking advantage of the 60,000 antigen tests that will be handed out by the state over the holidays, Vermonters looking for home tests usually have to go to a drugstore and get their wallet. Whether they take cash or an insurance card, however, it may depend on their health coverage.

For Aimee Picchi, it was her credit card. Picchi, who obtains her health insurance from the University of Vermont, said she paid $ 100 to get 10 tests for herself and her family last week. The Burlington resident, 51, wanted to have tests on hand since her daughter was returning from New York University, and the family had planned to attend a few vacation reunions.

After ordering the tests online through CVS Pharmacy, Picchi heard about the Scott administration’s emergency rule and tried to get a refund of the $ 100 she paid. But the insurance company that administers UVM’s insurance plan told him it wasn’t possible.

“Your group of employers, which manages your insurance policy, have informed us that they have chosen not to provide benefits for home COVID-19 antigen testing,” the letter reads. -mail of Blue Cross Blue Shield of Vermont.

The $ 100 credit shortfall didn’t drain Picchi’s bank account, she said, but the university’s decision to opt out of the benefit could hurt other less financially stable people.

“A lot of people don’t have an extra $ 100 to spend on things like this,” Picchi said. Covering up antigen testing “seems like such a good strategy to keep people healthy.”

When Picchi’s husband, university employee Peter Dodds, shared his wife’s discovery on TwitterDr. Timothy Lahey – an infectious disease physician and chief ethics officer at the University of Vermont Medical Center – has publicly criticized the university’s policies.

“Siri, show me an example of the phrase ‘Penny wise and foolish book’,” Lahey said in an quote tweet.

In an email to VTDigger, UVM spokesperson Joel Seligman said the school offers free Covid-19 testing to all of its employees through the testing center on the university’s campus.

The test center, which offers PCR tests, is closed from December 21 to January 4 for the university’s winter break, according to its website.

The testing center would also not serve people who, like Picchi, have health coverage through the school but are not employees.

Antigen testing is available for UVM employees who show symptoms of Covid-19, although it is not done in the testing center, Seligman said.

Seligman pointed out that as a self-insured institution, UVM is exempt from the Scott administration rule.

“We regularly review employee medical benefits to determine what changes might better serve the UVM workforce within affordability for both employees and the university,” said Seligman. He did not specify how often the university reviews its medical performance.

The UVM policy goes against the advice of state officials, who have suggested that self-insured employers may have to perform free home antigen testing next month when the most recent plan President Joe Biden’s coronavirus disease will go into effect.

“Organizations that self-insure are governed by federal law and therefore fall outside the scope of our recent rule on coverage of Covid-19 home tests,” said Mike Pieciak, commissioner of the Department of Regulation Financial, which oversees insurance, in a statement to VTDigger on Wednesday. “We… anticipate that they will be covered by the federal rule that the Biden administration plans to implement in early 2022 that will require similar coverage.”

The university recently cited impending federal action as a justification for forcing the Covid-19 vaccination among its employees.

State officials say the state of emergency will make home antigen testing free for about 140,000 Vermonters. A spokesperson for the Department of Financial Regulation did not provide an estimate of the number of workers who will not benefit from the tests covered by their insurance plan.

Some large employers in Vermont that run their own insurance plans cover antigen testing, including the University of Vermont Health Network and National Life Group.