Senior Citizens Guide 23-07-09.pmd - Helpage India Programme

24sum insured under section I. Ambulance charges up to a maximum limit ofRs.Rs.1000/- in a policy year will be reimbursed.For more information log on to http://www.nationalinsuranceindia.com(iii) HOPE - Health of Privileged ElderThe Oriental Insurance Company Ltd, a public sector non-life insurance company,has come out with a new Mediclaim Policy for the senior citizens. The Policy,entitled HOPE (Health of Priviledged Elder), was launched in New Delhi. Whilelaunching the policy Ramadoss said that the policy covers all Indian citizens above60 years. Hospitalisation due to 10 specified diseases and accident is covered inthe policy. This means majority of the diseases that the senior citizens aresusceptible to remains covered under the policy. The sum insured of Rs. 1 lakhto Rs. 5 lakh can be opted. The premium, based on age bands and sum insuredopted ranges from Rs. 4,500 to Rs. 29,000. New Entrants have to bear 10 percent extra on the above. The insured has to bear compulsory co-pay of 20 percent of the admissible claim amount. Additional optional co-pay of 10 to 50 percent will reduce the premium by the same proportion. For claim free years discountin premium up to 20 per cent is built in. Cashless payment through TPA up to Rs.1 lakh is available under the policy.Source: Pharma Health Newswire Vol 1 No. 5 December 2007(iv) Group Medical Insurance SchemeThe Group Medi-cliam policy is available to any group/ association/ institution/corporate body of more than 100 persons provided it has a central administrationpoint. The policy covers reimbursement of hospitalisation and/or domicillaryhospitalisation expenses only for illness/diseases contracted or injury sustainedby the insured person. The basic policy under this scheme is Medi-claim only.This policy is also available to persons between the age of 5 years and 80 years.The sum insured varies from Rs. 15,000/- to Rs. 5,00,000 and premium variesfrom Rs. 175/- to Rs. 12,450/- per person per annum depending upon the differentslabs of sum insured and different age groups.(For more details, please contact the nearest New India Assurance CompanyLtd. Branch or your agent)(v) Jan ArogyaThe Scheme is primarily meant for the larger segment of the population whocannot afford the high cost of medical treatment. The limit of cover per person isRs. 5,000/- per annum. The cover provides for reimbursement of medical expensesincurred by an individual towards hospitalisation/domiciliary hospitalisation forany illness, injury or disease contracted or sustained during the period of insurance.Age limit - 70 years.(For more details, please contact the nearest New India Assurance CompanyLtd. Branch or your agent)