RENEWAL HEALTH INSURANCE.

[dundunavnee c]

Sir

Renewal of health insurance from November this year is found very difficult to  most of the retirees.Because more than two months pension may be required for payment of renewal premium. If the Banks do not come forward for subsiding the premium most of the retirees will have no other alternative  

than to quit health insurance . 

Therefore it is high time for the Unions and IBA to initiate and do something urgently in this regard.

PURUSHOTHAMAN. RETIRED. CANARABANK. 

[Varadaraj Pai]

Dear Friends,

I am told that IBA health Insurance is much more beneficial than the banks health insurance like SyndArogya, New India Canara Mediclaim Policy. Can anybody enlighten me about the pros and cons of IBA health insurance and other banks insurance so as to decide whether it is worth to continue the IBA health insurance. I am aged 63 and I don't have serious health issues. I am subscribing SyndArogya since 10 years and also subscribed to IBA health Insurance since inception. So far by the grace of Almighty there was no necessity arised to claim medical reimbursement. 

Thanking you

Yours sincerely

B Varadaraj Pai

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.
To unsubscribe from this group and stop receiving emails from it, send an email to bankpensione...@googlegroups.com.
Visit this group at https://groups.google.com/group/bankpensioner.
For more options, visit https://groups.google.com/d/optout.

[bhaskara sarma]

Dear Varadaraj Pai,

Taking a health insurance policy is a personal choice.No policy covers all the contingencies.It is a calculated risk.

I am also 63,and so far no health issues.I discontinued IBA policy in 2016.

Now I want to take Synd Aarogya as a reserve.

With regards,

P Bhaskara Sarma.

[Varadaraj Pai]

Dear Sir

SyndArogya is valid only upto 80 years and there is copay clause at 80:20 and limit on items of expenditure other than drugs. Where as in IBA policy there is no such ceiling and they make payment to the extent of actual expenses subject to maximum ₹4.00 in case of officers and ₹3.00 in the case of workmen. What I wanted to know the advantages over SyndArogya and vice-versa.

Thanking you,

Yours sincerely

B Varadaraj Pai

[bhaskara sarma]

Dear Varadaraj Pai,

Manny other policies too don't cover old people beyond 80.Secondly these policy terms are subject to change and the schemes may be wound up even as happened to the schemes of BOI, BOB.

We can not think that far.Many changes take place over the next 17years.So I don't think it is wise to think that far.The health insurance terms change too often as per changing situation every year.

With regards,

P Bhaskara Sarma.

[bhaskara sarma]

Dear Varadaraj Pai,

You are healthy normally.So you may never feel the necessity of getting hospitalised at all.This IBA insurance policy doesn't cover any treatment under Naturopathy or Ayurveda.I take the assistance of Naturopathy or Homeo pathy.Thus there are exclusions for every policy and no policy is foolproof.

Nowadays many chronic diseases are cured effectively through Naturopathy, Ayurveda or Homoeopathy.But this policy doesn't reimburse even one Rupee under these systems.In old age if you depend on Allopathy,it gives side effects and you will be drawn into the vicious circle of more and more chronic diseases.These Insurance schemes are just promoting the lobby of Allopathy Hospitals and their malpractices and inflated bills.I need insurance policy to cover any unforeseen or unfortunate accident.For all other purposes I prefer to go for more effective indigenous systems of medicine.So I feel Synd Aarogya or AB Aarogya Daan is sufficient.If any copay is there,it is ok.That happens only in case of any unforeseen contingency.Myself and my wife,both are allergic to Allopathy medicines.So I feel such of those who prefer Naturopathy, Ayurveda, Homoeopathy etc,this IBA insurance policy is irrelevant.

With regards,

P Bhaskara Sarma.

[Hariharan pushpa]

In the case of IBA policy the claim settlement is below 70%. I am a sufferer and hence this post.

Hari

Sent from RediffmailNG on Android

Visit this group at https:roups.google.com/group/bankpensioner.

For more options, visit https://groups.google.com/d/optout.

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.
To unsubscribe from this group and stop receiving emails from it, send an email to bankpensione...@googlegroups.com.
Visit this group at https://groups.google.com/group/bankpensioner.
For more options, visit https://groups.google.com/d/optout.

--
Visit our blog site http:://bankpensioner.blogspot.com
---
You received this message because you are subscribed to the Google Groups "bankpensioner" group.
To unsubscribe from this group and stop receiving emails from it, send an email to bankpensione...@googlegroups.com.
Visit this group at https://groups.google.com/group/bankpensioner.
For more options, visit https://groups.google.com/d/optout.

[Janu Rediff]

I understand syndarogya age limit is only 65 and not 80. Kindly check up.

Regards,

Janardhanan PP
M: +91 9249403456

Stndicate bank retiree.

[Narendra Khutate]

No it is 75 years

AB Arogyadaan Scheme

"AB AROGYADAAN SCHEME" is a Group Mediclaim Health Insurance scheme introduced in association with M/s United India Insurance Company Limited & administered by M/s Good Health  Insurance TPA Ltd AB Arogyadaan successfully meets the Hospitalization expenses of your family at a very affordable (nominal) premium, thus taking care of your HEALTH & WEALTH simultaneously.

Who is Eligible:  This policy is available only to our account holders.

What is AB Arogyadaan: It is a Floater Health Insurance scheme to cover hospitalization expenses incurred by the policyholder and rest of the members as per the Plan opted by them.

How does one get AB Arogyadaan:   Simple 4 Step Process Download the proposal form and take print out front & back sides in quadruplicate DOWNLOAD APPLICATION Fill up the proposal form completely Affix photograph of each member on the Original Proposal form Handover the Proposal Form at the branch along with the premium amount.

What is floater Policy: Floater Policy means the Sum Insured opted by the Policyholder revolves among the policy members as per Plan opted.  Plan Options: AB Arogyadaan provides policyholder option for two plans under floater policy - Plan -A & Plan - B. a)  Plan - A option provides coverage  to  spouse and  two dependent children apart from the prime Account Holder. b)  Plan - B option provides coverage to prime Account Holder, spouse, two dependent children and Parents of prime Account Holder.  Dependent girl child shall mean, till the girl child is unmarried or unemployed. Insurance cover to the dependent male child is restricted upto age of 26 yrs or he getting employed  whichever is earlier.

Commencement of the Policy period: The insurance year commences from the date of payment of premium by the customer and insurance cover will be available upto 8th June of every year and renewal premium should be paid on or before the expiry of one year.

AGE LIMIT Age Limit for the first time coverage is from 3 months to 75 years and renewal is life long. For new entrants above the age of 70 years are to be covered subject to pre medical examination conducted at authorized diagnostic centers. The tests to be done are –  1.ECG 2. BP Readings 3.Blood Sugar (fasting& Post Prandial) 4.CBC & ESR, Urine routine and microscopic 5. Lipid profile (cholesterol) 6. SGPT 7. Serum Creatinine 8. Stress test and other tests as advised by company before accepting the insurance cover.

[bhaskara sarma]

Max age for entry is 65.Will be renewed up to completion of 80 years only.

 P Bhaskara Sarma.

[deepak dang]

All banks are issuing floater tes policies.

DEEPAK DANG about.me/deepak.dang

On Fri, Oct 19, 2018 at 3:54 AM bhaskara sarma <pbsa...@gmail.com> wrote:

This message is eligible for Automatic Cleanup! (pbsa...@gmail.com) Add cleanup rule | More info

Max age for entry is 65.Will be renewed up to completion of 80 years only.

 P Bhaskara Sarma.

On Thu, Oct 18, 2018, 17:14 Janu Rediff <janardh...@rediffmail.com> wrote: