All you Need to Know New India Assurance Health Insurance Plans

What is New India Assurance Health Insurance ?

Founded in 1919 by Sir Dorabji Tata, New India Assurance is one of the oldest insurance providers in India today. Headquartered in Mumbai, it is a multinational general insurance company that operates in 26 countries around the world. The insurer has more than 2200 offices in the country and offers a bouquet of insurance solutions with over 1 lac agents. Among the gamut of products offered by New India Assurance are health insurance plans that are quite popular in the market. People looking for individual or family health insurance policies can choose one of the many products offered by New India Assurance. If you are among them, then this page is for you. Here you will find all the significant information about New India Assurance health insurance plans to help you make an informed decision about your insurance needs.

Why Choose New India Assurance Health Insurance

One of the oldest insurance companies in India, New India Assurance is also amongst the most trusted insurers in the country. Great rating by some of the largest credit rating agencies from around the world is a testament to the its business prowess. Its claim settlement ratio for the year 2019 - 2020 was 92.68 percent. The insurer offers cashless as well as reimbursement methods of claim settlement. Moreover, it has a network of over 1500 hospitals where policy holders can enjoy cashless treatment facility.

Also Read : Reliance Health Insurance Policy

Features of New India Assurance Health Insurance

Cumulative Bonus: The insurer offers numerous health insurance plans that offer additional coverage on renewal after a claim-free year.

• Free Health Check-up: With New India Assurance health insurance, you can avail free health check-up to ensure good health for yourself and your loved ones.
• New-born Baby Cover: In case a new mother is covered under a New India Assurance health plan, the policy may extend to the new-born baby as well.
• Organ Transplant: New India Assurance health insurance plans also cover medical expenses for organ transplant.
• Alternative Treatments: You can also claim reimbursement for medical insurance for Ayurvedic, Homeopathic and Unani treatments with your health insurance policy.
• Day Care Procedures: While many health insurance plans do not cover or offer limited coverage of day care treatments, New India Assurance health insurance cover 139 day care procedures.
• Hospital Cash: With New India Assurance health cover, you can get up to 0.1 percent of the sum insured as hospital cash per day.

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Popular New India Assurance Health Insurance Policies in 2023

There are numerous New India Assurance health plans that you can choose from. It is one of the reasons that make the insurer a preferred choice among insurance seekers. Here are some popular New India Assurance Health Insurance Plans:

Yuva Bharat Health Policy

• Entry Age: Adults: 18 to 45 Years & Children: 91 Days to 25 Years
• Sum Insured: 5, 10, 15, 25 and 50 Lacs
• Medical Check-up: Pre-policy medical check-up not required

Base Plan Covers:

• Cost of Health Check-up
• Hospital Cash
• Medical Second Opinion
• New Born Baby Cover
• Road Ambulance
• Reinstatement of Sum Insured
• Coverage for Hazardous Sports

Standard Group Janata Mediclaim (Cashless Facility Available)

Base Plan Covers:

• Reimbursement of hospitalisation expenses for illness/injury sustained
• Day care treatments
• ICU/ICCU expenses
• Pre-hospitalisation and post-hospitalization medical expenses
• Ambulance charges

Other well-known health insurance plans offered by New India Assurance are New India Flexi Floater Mediclaim Policy (with cashless treatment facility), New India Asha Kiran Policy (with cashless treatment facility), Jan Arogya Bima Policy (with cashless treatment facility), Bhavishya Arogya Policy, New India Flexi Group Mediclaim Policy (with cashless treatment facility), New India Mediclaim Policy (with cashless treatment facility), Cancer Mediclaim Expenses - Group and Senior Citizen Mediclaim Policy (with cashless treatment facility).

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Exclusions for New India Assurance Health Insurance Plans

While certain exclusions vary with the type of policy, there are some that are common to most New India Assurance health insurance plans. These are enumerated below.

Pre-existing Diseases: Any illness that the insured person is suffering from at the time of purchasing the health insurance policy is excluded from coverage. The insurer does not bear any expenses related to the treatment of such diseases.

Waiting Period: There are certain illnesses that are only covered after the expiry of a per-defined waiting period. Depending on the policy, this waiting period can be 24, 36 or 48 months.

90 Days Waiting Period: Certain medical complications, such as Diabetes Mellitus, Hypertension, Cardiac Conditions, etc are usually covered after 90 days from the date of purchase of New India Assurance health insurance policy.

Cosmetic Procedures: All cosmetic and plastic surgeries performed to change the appearance of the insured person are excluded from coverage. However, a claim can be raised in case such a cosmetic surgery is necessitated due to an accident.

Hazardous or Adventure Sports: Any expenses for treatments for injuries resulting from participation in adventure sports, such as rock climbing, motor racing, para-jumping, sky diving, deep-sea diving, horse racing, etc, are excluded from coverage.

Self Injury: The insurer does not cover treatment for a self-inflicted injury by the insured person.

Also Read : ManipalCigna Health Insurance Policy

Reimbursement for Pre and Post Hospitalization Expenses

Several New India Assurance health insurance plans cover per and post hospitalization expenses up to a certain number of days. To file a reimbursement claim, you can submit all the original bills with supporting documents as well as a copy of the discharge summary and authorization letter to the TPA or third-party administrator. Remember to share all the documents within 7 days from the date of completion of treatment. The TPA may also demand additional information and documents to process the claim.

Frequently Asked Questions about New India Assurance Health Insurance

Q. Where can I check the New India Assurance Health Insurance hospital list ?

A. You can check all the hospitals in New India Assurance’s network list on the official website of the insurer.

Q. Do New India Assurance health insurace policies need pre-acceptance medical check-up ?

A. Yes, certain policies offered by New India Assurance need pre-acceptance medical check-up. It is noteworthy that in case the policy proposal is accepted, the entire cost of the check-up is borne by the insurance company and the insured person receives 100 percent reimbursement.

Q. Does the insurer offer individual health plans and what are those ?

A. Yes. New India Assurance offers numerous health insurance plans for individuals. These include New India Premier Mediclaim Policy, New India Mediclaim Policy, New India Floater Mediclaim Policy, and more.

Q. What is the process for New India Assurance health insurance renewal ?

A. You can check the renewal process for a New India Assurance health insurance plan on the insurer’s official website. You can also call the New India Assurance health insurance customer care service and talk to a representative to understand the renewal process.

Q. What is the age limit for New India Assurance Mediclaim Policy ?

A. This insurance policy is available for anyone between the ages of 5 years and 80 years. A child between 3 months and 5 years of age can be covered in case any one or both of the parents are covered concurrently by a New India Assurance Mediclaim Policy.

Q. Are acupressure, acupuncture or magnetic therapies covered under New India Assurance health insurance policies ?

A. No, these alternate therapies are excluded from New India Assurance health plans.

Q. I have New India Assurance health insurance. Can I change hospital during treatment ?

A. Yes, you can easily shift to another hospital for better treatment. The TPA, however, will evaluate the merits of the transfer as per the case and the terms and conditions of the policy.

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