The Hindu Business Line : NIC sweetens universal policy

National Insurance Company has sweetened up its Universal Health Insurance Policy for avove poverty line abd below poverty line (APL and BPL) families by expanding the scope of age profile for purposes of coverage as well as by revising down the premium payable.

The age band as per the amended scheme would be from three to 70 years, revised from 65 currently, a top official of the company said. Premium rates too have been reduced and there would be no service tax payable. Beneficiaries can now enjoy `cashless' facility in the hospitals of their choice anywhere in the country. In the event of any claim becoming admissible under the policy, the company will pay to the hospital/nursing home or the insured person through claim administrators (third party administrators of TPAs).

The policy will cover the insured, spouse and first three children, apart from their parents. A unique feature of the policy is that it extends the cover to the aged parents, the official said. - Our Bureau

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