The Health Insurance Claims Conundrum

The Health Insurance Claims Conundrum

Health insurance acts as a shield against medical expenses, but what if your claim gets rejected?
  • COVER STORY
    The Devil Is In The Details

    The insured need to follow a three-way approach. They should understand the information in the CIS, not hide facts while buying the policy, and keep all documents updated and handy while making a claim

    BY Nidhi Sinha 30 June 2024

    Nidhi Sinha, Editor, Outlook Money

  • Illustration: Anjan Das
    Lay Claim On Your Health Insurance Rights

    Health insurance claims may often be rejected on legitimate grounds, such as the customer hiding key details on medical history or existing ailments, but there are cases in which claims have been denied even when policyholders are not at fault. Though the road is long-winding, there are redressal mechanisms in place to protect the policyholders. In short, there’s nowhere to hide that Pinocchio nose either for the policyholders or insurers when it comes to claim settlement

    BY Meghna Maiti and Anuradha Mishra 30 June 2024

    Abhishek Bondia, Co-founder, SecureNow
    3 Pillars Of Support On Health Insurance Claims

    In the last 6-8 months, Irdai has introduced a set of regulatory changes that promise to resolve issues that previously often led to poor outcomes on health insurance claims

    BY Abhishek Bondia 30 June 2024

    Dan Ariely, author and professor of psychology and behavioural economics, at Duke University, North Carolina, the US
    Often Our Emotions Get The Best Of Us And Lead Us Astray, Says Dan Ariely

    Dan Ariely, author and professor of psychology and behavioural economics, at Duke University, North Carolina, the US, studies the irrational ways in which we all behave. In his own words, he “looks at people not from a rational perspective, but from the irrational perspective. We basically ask questions around what we are doing that is not in our long-term best interest”. In an interview with Nidhi Sinha, Editor, Outlook Money, as part of the Wealth Wizards series, he talks about himself, his signature half a beard, how people can deal with irrationality, and the role of emotions like misbelief, trust, and human motivation in how people behave or make decisions. Here are the edited excerpts from the interview.

    BY Nidhi Sinha 30 June 2024


    Illustration: Saahil
    Value Investing Lessons From Benjamin Graham

    A poet, translator, mathematician and financial strategist, Benjamin Graham was all of this and more. But his most signification contribution has been to lay the foundations of an investing strategy that revolved around buying undervalued stocks with strong fundamentals and holding them for the long term. We have used a screening method based on his strategy to recommend a few stocks you may consider

    BY Shoaib Zaman 30 June 2024

    Will The Bull Run Continue In Modi 3.0?
    Will The Bull Run Continue In Modi 3.0?

    After a decade, a coalition government is back in power. What does that mean for stock market investors?

    BY Kundan Kishore 30 June 2024

    Motilal Oswal Midcap Fund: Undefeated Mid-Cap Champion
    Motilal Oswal Midcap Fund: Undefeated Mid-Cap Champion

    A review of Motilal Oswal Midcap Fund

    BY Kundan Kishore 30 June 2024


    Always Have A Backup Health Cover
    Always Have A Backup Health Cover

    Always Have A Backup Health Cover

    BY OLM Desk 30 June 2024

    Old Or New? Which Tax Regime Should You Choose In These 5 Scenarios
    Old Or New? Which Tax Regime Should You Choose In These 5 Scenarios

    The government made the new tax regime the default one from FY2023-24. However, you can still choose between the old and the new tax regime while filing your income tax return. But that would depend on your income slab and the deductions you wish to claim. We help you choose the most suitable tax regime in these five common scenarios

    BY Meghna Maiti 30 June 2024

    Here’s How To Buy A Plot Of Land
    Here’s How To Buy A Plot Of Land

    Buying a plot of land is a complicated process and varies across states. But the overall process is the same, and typically starts with verifying the legal ownership of the land, preparing the sale deed, paying the sale value and getting the land registered at the sub-registrar’s office after the purchase. Here's how to go about with the process of buying a plot of land.

    BY Aaron Varghese Charly 30 June 2024


  • Lay Claim On Your Health Insurance Rights

    Health insurance claims may often be rejected on legitimate grounds, such as the customer hiding key details on medical history or existing ailments, but there are cases in which claims have been denied even when policyholders are not at fault. Though the road is long-winding, there are redressal mechanisms in place to protect the policyholders. In short, there’s nowhere to hide that Pinocchio nose either for the policyholders or insurers when it comes to claim settlement

    BY Meghna Maiti and Anuradha Mishra 30 June 2024

    Illustration: Anjan Das
  • Often Our Emotions Get The Best Of Us And Lead Us Astray, Says Dan Ariely

    Dan Ariely, author and professor of psychology and behavioural economics, at Duke University, North Carolina, the US, studies the irrational ways in which we all behave. In his own words, he “looks at people not from a rational perspective, but from the irrational perspective. We basically ask questions around what we are doing that is not in our long-term best interest”. In an interview with Nidhi Sinha, Editor, Outlook Money, as part of the Wealth Wizards series, he talks about himself, his signature half a beard, how people can deal with irrationality, and the role of emotions like misbelief, trust, and human motivation in how people behave or make decisions. Here are the edited excerpts from the interview.

    BY Nidhi Sinha 30 June 2024

    Dan Ariely, author and professor of psychology and behavioural economics, at Duke University, North Carolina, the US
  • Value Investing Lessons From Benjamin Graham

    A poet, translator, mathematician and financial strategist, Benjamin Graham was all of this and more. But his most signification contribution has been to lay the foundations of an investing strategy that revolved around buying undervalued stocks with strong fundamentals and holding them for the long term. We have used a screening method based on his strategy to recommend a few stocks you may consider

    BY Shoaib Zaman 30 June 2024

    Illustration: Saahil
  • Old Or New? Which Tax Regime Should You Choose In These 5 Scenarios

    The government made the new tax regime the default one from FY2023-24. However, you can still choose between the old and the new tax regime while filing your income tax return. But that would depend on your income slab and the deductions you wish to claim. We help you choose the most suitable tax regime in these five common scenarios

    BY Meghna Maiti 30 June 2024

    Old Or New? Which Tax Regime Should You Choose In These 5 Scenarios
  • Here’s How To Buy A Plot Of Land

    Buying a plot of land is a complicated process and varies across states. But the overall process is the same, and typically starts with verifying the legal ownership of the land, preparing the sale deed, paying the sale value and getting the land registered at the sub-registrar’s office after the purchase. Here's how to go about with the process of buying a plot of land.

    BY Aaron Varghese Charly 30 June 2024

    Here’s How To Buy A Plot Of Land

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