Income tax benefit for those who buy health insuranceWe can divide this into 3 parts;1-When you buy the policy for your family - If you are buying the policy for your family; maximum amount can be Rs 15000 under clause 80 D. This is the highest amount which you can cover under the limit of Rs 1.00 lakh.2-When you pay for health insurance of your parents who are below 65 years; Maximum amount can be Rs 15000. This amount is over and above the limit given to you under 80D.3- When you pay for health insurance of your parents who are above 65 years;...
Thursday, 28 January 2010
Health insurance Cover is a good benefit to retain staff
Posted on 03:46 by Unknown
Large numbers of HR specialists are of the opinion that take home pay is more important for attracting the talent as well retaining the staff.We have come across survey where top 125 employers comprising a large and varied industry segments were surveyed. The findings are;Over 40% Indian companies use health care cover for employees as a tool to attract talent and a retention strategy. Rising premium costs have not reduced the importance of health care cover as an employment value differentiator and Indian companies continue to use it as part of...
Wednesday, 27 January 2010
Early detection of disease can save higher claims, which insurance companies are paying at present
Posted on 01:43 by Unknown
We came across two interesting news items recently which had following information for us:1. According to AIIMS study 90% women ask for medical help after stage 1 of breast cancer. 70% of women go to their doctors in the 3rd and 4th stages of breast cancer, by when conservation of the organ is very difficult and chances of cancer developing in the other breast are very high. Naturally it means high claim figure to be paid by insurance company as well as pain and agony for the patient.2. As per a study published in the Journal of Clinical Endocrinology...
Friday, 8 January 2010
2 policies of Health insurance –how to lodge claim ?
Posted on 02:17 by Unknown
Preeti Kulkarni has written a good article in The Economic Times of January 6, 2010 on “Take extra cover for sake of your health”The Heading carries the line “In many cases, claims can be made under both the policies” It is very interesting and has resulted in many calls being received by me from persons who have visit this website.The same article under the sub heading “Making a claim under two policies.” mentions “Many policy holders tend to assume that they can file a claim under any of the policies they have signed up for, which may not always...
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