Star Health Insurance Plans

Reasons for buying Star Health Insurance Plans

Ensuring your health and your family's health is the prime responsibility of a person. In this era of shooting health care costs, it is essential to have a health insurance plan to shield yourself from the financial burden during hospitalization due to illness or injury. Star Health Insurance Company offers a bouquet of health insurance products to suit your requirements and needs. Since 2006, it’s been 16 years "Star Health and Allied Insurance Company" has dedicatedly served their customer, and continuously served them in the worst conditions of life and as per requirements.

Till today, millions of people are insured with Star Health, and millions of insured people get their claims settled, as they deserve. And still, Star health covers a lot of people and serves a lot of claims as insurance does. Something that we can't ignore is their track record, after spending 16 years & insuring millions of people, in these days "Star Health" make their way to here. It was people's trust, Star Health has come a long way in the field of insurance, and is still pursuing its mission. All these reasons will suffice to state that "You can rely on Star Health in terms of buying policy and getting the claim settled". Star Health Insurance is really a big name in Indian Insurance Sector.  

Performance till today

Since 2006, Star Health and Allied Insurance Company just kept on going, and till today Star Health Insurance has served many people. As per facts, till now Star Health has sold 37,34,365 policies, and as per the IRDAI report “The incurred claim ratio for Star Health Insurance for the FY 2018-19 is 63%”. This clearly expresses that Star Health Insurance Company is making substantial profits and these profits indicate that it is in a position to meet the claims without burdening its finances. These facts are enough to tell you about the performance of Star Health and Allied Insurance Company in the last several years.

As per, Wikipedia “Star Health has underwritten a gross written premium of Rs.6865 Cr during the FY 2019-20”, and has built up a promising path with an appreciable net worth of Rs.1889 Cr, as of 31st March 2020. Till now, Star Health and Allied Insurance Company have 640+ branches across the country, and 12800+ people are working as an employee. Since 2006, Star Health is just rising day by day, and in the Year 2021 Star Health launched its 7,249 Crore (US$960 million) initial public offering (IPO) in December.

Claim Process

Star Health Insurance Claim is as easy as buying a policy; there is 9900+ network hospital of Star Health across the country. If you want, then you have the option of getting the cashless claim settled or if there is no option of getting treatment in-network hospital then you have an option of getting reimbursement claim settlement.  Both options are easy, but the reimbursement option might take more time and more effort than cashless claim settlement. Cashless Claim Settlement takes only 2 hours to get settled, but in the reimbursement option, you have to submit all the bills and after this, they’ll verify your claim and after satisfying your claim they’ll transfer the fund that you deserve.  

Let’s try to know what is the process of claim settlement?

Cashless Claim Settlement

1. First go to the reception desk in the network hospital, and let them know that you are insured with Star Health.

2. Show your policy id to the hospital team for identification purposes.

3.  After this, a team of doctors will verify all documents related to the insured person, and also evaluate them. After that, they will cover you with claiming in and as per terms and conditions of your opted plan.   

4. After completion of some necessary process, the claim would be settled as your opted plan’s terms and conditions.

5. In this whole process will take 2 hours, and all you have to of is carry Star Health Card with yourself.  Getting Claim Settled is like taking nap for some rest, both take only two hours.  

Reimbursement Claim Settlement

In reimbursement claim settlement, first, you have to get the complete treatment by spending your money, after getting the treatment as soon as you are discharged from the hospital, you have to keep one thing in mind you have to bring the below-listed documents. Because in reimbursement claim settlement, documents play a vital role in getting the claim settled.   

Documents must carry with you.

• Surgeon's bills and receipts
• Original chemist bills with prescription.
• Medical bills, discharge certificates, and payment receipts. (If payments are made with a card keep all the receipts)
• Medical test reports and investigation reports.
• Registration certificate of the hospital (if lesser than 15 beds).

Claim Settlement Process

1. First fill out the Claim form, and attach all the bills and receipts with the form. After that just go and submit the form to your nearest Star Health branch.

2. As per your plan’s terms and conditions your claim will be settled, and you will get your fund.

Policy as per need

Star Health Insurance Policy offers you all kinds of policies, as per every kind people need. 

Main USP’s of Star Health Insurance Plans are:

• Avail comprehensive cover for you & your entire family
• Hospitalization cover for Diabetes is available
• Get health cover for Cardiac diseases
• Cover for HIV positive individuals is available
• The facility of cashless treatment in over 7800 network hospitals
• Take advantage of the In-house direct & quick claim settlement process
• Affordable premium rates
• No limit on room rent & treatment cost
• Avail 24x7 toll free helpline
• No pre-policy medical screening up to 50 years of age
• Enjoy Lifetime Renewability
• Premium discount for choosing 2-year policy term

Features

• Free health check-ups to the insured members.
• Additional protection on group health insurance. 
• Network hospitals along country - 9900+
• Claim settled with cashless treatment.
• Plans are available for - Individual, Couple, Family & Parents 

Key Benefits of Star Health Insurance Plans

• In-patient hospitalization expenses such as boarding & nursing expenses, hospital room expenses, ICU charges, consultant fees, etc. are covered
• Pre-hospitalization expenses are covered up to 60 days prior to hospitalization.
• Post hospitalization expenses are covered up to 90 days after discharge from the hospital
• Listed day care procedures, which require hospitalization for less than 24 hours are covered
• Expenses incurred towards domiciliary hospitalization/treatment are covered
• Donor’s expenses for an organ transplant are covered.
• Outpatient consultation expenses are covered, as specified under the chosen policy terms
• Maternal expenses, including pre & postnatal expenses, are covered
• Coverage for the newborn baby is available
• Non Allopathic treatments are covered up to the limit specified
• Hospitalization expenses arising due to diabetes or related complications are covered
• Hospitalization expenses for bariatric surgical procedures are covered, depending on the policy chosen
• Compensation for the accidental death of the insured is payable
• Dialysis expenses and Cost of artificial limbs are covered, up to the limits specified
• Hospital Cash benefit available, subject to the terms applicable
• Tax benefits are applicable towards the premiums paid under section 80D of the IT Act, 1961