Star Health and Allied Insurance Co Ltd is a multinational health insurance company with its head office in Chennai, Tamil Nadu. It provides services to both individuals and businesses. Its products include health, personal accident, and overseas travel insurance. It offers these services directly and through various channels. Among these, the health insurance plan offers daily allowance for stay in hospitals and includes cashless claim settlement.
It offers daily allowance when you are hospitalised
The Star health insurance policy allows you to get a daily allowance for the days when you are hospitalised. You can claim for this benefit in your policy by submitting a claim form. You should submit this form as soon as possible after you are admitted. The Star health insurance company will process your claim after they have received all the necessary documents.
The plan also pays for expenses that you incur at home while in hospital. This is known as domiciliary hospitalization and is allowed under two situations: a life-threatening illness or a pandemic outbreak. The daily allowance is dependent on the circumstances. If you are ill for more than 48 hours, you may need to spend a few extra days in the hospital.
If you are hospitalised for more than 48 hours, you may want to add a hospital cash insurance policy to your existing health insurance policy. This plan offers a daily allowance of up to Rs. 5000 to help you cover your day-to-day expenses while you are in hospital. The hospital cash benefits are available over and above your existing health insurance policy, and are available to individuals and families with dependent children.
This type of insurance policy covers all the expenses that arise while you are hospitalised, including nursing, room rent, and ICU fees. Star health insurance covers these expenses for up to 60 days after your discharge. Additionally, it also covers the cost of room and board if you need to spend the night in a hospital. The insurance policy is flexible in its limits, and you can even opt for a family floater option.
It offers cashless claim settlement facility
The Star health insurance company has tie-ups with over 10,000 hospitals and diagnostic centers across India and offers a cashless claim settlement facility. The cashless facility helps customers get instant approval for their claims in case of hospitalization. The company claims that 90% of all cashless claims are approved in as little as 2 hours. Moreover, the cashless service is available across all major hospitals in India.
The company offers a range of family floater health insurance plans, which cover the cost between Rs. 50,000 and Rs. 2 crore. These plans also offer outpatient and general benefits to their customers. They are available for two adults and up to three children aged five months to 65 years.
The cashless claim settlement process can be completed in as little as two hours by using the online claim submission form. This method is user-friendly and expedites the entire process. Once submitted, the online form will provide information regarding the claim amount, deductible, and tentative date of claim settlement. It will also give you an idea of your out-of-pocket expenses.
Cashless claim settlement is another great benefit offered by Star health insurance. The company works with its network hospitals to facilitate cashless claim settlement. Star health insurance has agreements with over 200 hospitals, nursing homes, and medical centers across 43 cities in Rajasthan. This affiliation ensures its policyholders receive quality medical care.
The company is known for offering excellent customer service and innovative products. It provides a range of health insurance plans for individuals, families, and corporates. It also offers overseas travel insurance and personal accident insurance. With over 300 branches throughout India, the company is a premier health insurance provider. It is also focused on keeping its plans affordable.
It offers comprehensive coverage
Star Health Insurance offers comprehensive coverage at an affordable price. Most of their policies offer a large sum insured ranging from INR 50,000 to INR 2 crore, and the policies are designed keeping in mind the needs of different age groups. The policies also include many new-age features like wellness programs, telemedicine services, and rewards. Furthermore, many of them also offer discounts on renewals. In addition, most of them come with low co-payments, ranging from 10% to 20%.
A number of Star Health Insurance plans also include an automatic sum restoration feature, which reinstates coverage after previous claims have been processed. This feature provides additional medical coverage when necessary. Moreover, the policies come with multiple value-added benefits like wellness coaching, weight management services, nutritionists, and dieticians. There are also multiple optional covers available, including maternity and outpatient care coverage.
Star Health and Allied Insurance Company is one of the leading health insurance providers in the country. Founded in 2006, the company has more than ten thousand employees and a nationwide network of 9000+ hospitals. To date, it has settled more than 49 lakh claims. In addition, the company has received several awards, including Best Insurance Provider and Health Insurance ‘Company of the Year’ awards.
The Star Comprehensive health plan provides comprehensive healthcare coverage for the whole family. The policy can be purchased on an individual basis or as a family floater. It covers self, spouse, and dependent children up to age 25. Premium payments can be made in monthly, quarterly, or half-yearly instalments. There is also an option to pay premiums in one lump sum.
STAR Health also provides service management to members who have special health care needs. These service managers will ensure that STAR members receive the health care services that they require.