Related Articles
.png)
Jan 08, 2025
Is Varicose Vein surgery covered under the health insurance policy in India
Health Insurance
.png)
Reforms for Health Insurance Under Budget 2025
.png)
The Indian government has introduced several reforms in health insurance under Budget 2025. These changes aim to make health coverage more affordable and accessible for everyone. Let's take a look at the key updates and how they can benefit you.
Key Reforms in Health Insurance Under Budget 2025
1. Increased Tax Benefits
The government has raised the tax deduction limits under Section 80D. This means you can now save more money on your health insurance premiums while filing your taxes.
2. More Affordable Health Insurance Plans
The budget focuses on reducing the cost of health insurance policies, making them more budget-friendly for middle-class and lower-income families.
3. Better Coverage for Critical Illnesses
New policies are expected to include better coverage for critical illnesses such as cancer, heart disease, and kidney failure. This will help patients manage high treatment costs.
4. Expansion of Government-Backed Health Schemes
Popular government health insurance schemes, like Ayushman Bharat, have been expanded to cover more people, especially senior citizens and rural populations.
5. Easier Claim Process
The government is working on simplifying the health insurance claim process. This will help policyholders get their medical expenses reimbursed faster and with less paperwork.
6. Digitalization of Health Insurance
With a focus on technology, the government has introduced digital platforms to buy, renew, and claim health insurance easily online.
7. Inclusion of OPD & Preventive Healthcare
Many new policies will now cover outpatient department (OPD) expenses, doctor consultations, and preventive healthcare, making healthcare more accessible.
How These Reforms Benefit You
- Lower premium costs mean more affordable health insurance.
- Higher tax benefits help in saving money.
- Faster claim settlements ensure less financial stress during medical emergencies.
- Expanded coverage means better financial protection against medical costs.
- The health insurance reforms under Budget 2025 aim to improve healthcare access and affordability for all. Whether you're buying a new policy or already have one, these changes will make healthcare easier and more affordable for you.
Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
Other Health Insurance Products
Jan 08, 2025
Health Insurance
Latest Post
Your health insurance policy gives you a No Claim Bonus when you fulfil your policy term without needing to make a claim. Your premium payments will decrease step by step through this feature. The bonus system benefits everyone involved in the insurance process. It helps customers to practice better healthcare habits and brings savings on insurance expenses.
There is no question, in fact, that daughters bring a special kind of sparkle into our lives – along with an endless list of questions, a closet full of dresses, and some very specific birthday party themes. But beyond the laughter and everyday chaos, we need to understand that there is a real responsibility on our shoulders: making sure they grow to be healthy, strong, and ready to take on the world.
Marriage is built on shared dreams, countless compromises, and a commitment to protect each other through thick and thin. While love, trust, and communication form the emotional foundation of marriage, a little bit of financial planning doesn’t hurt either. This is exactly where spouse term insurance steps in — a simple yet powerful way to safeguard your future together.
When managing insurance policies, one term that often comes up is the “Grace Period.” It’s a window of opportunity provided after the premium due date, allowing policyholders to renew their insurance without losing accumulated benefits. However, this grace period does not work the same way across all types of insurance. Understanding how it differs between health, life, and car insurance is crucial for avoiding lapses and ensuring continuous protection.
In a world where flexibility and better service are increasingly expected, health insurance portability allows policyholders to move from one insurer to another without losing the benefits they’ve already earned. Introduced by the Insurance Regulatory and Development Authority of India (IRDAI), this provision empowers individuals to seek better coverage, improved customer service, or lower premiums without the fear of starting from scratch.
Speak to our Advisor
+91
