Does your health #insurance cover alternative treatments like Homeopathy, Ayurveda, Unani etc?

Find out.👇(1/6)
Picture this. You’re pushing 50 and you feel drained each day. Your physician tells you there's nothing wrong, but you're still unsatisfied.

One of your relatives happens to suggest visiting a government-certified Ayush Centre. What's that, you wonder...(2/6)
Here's what AYUSH implies:

(3/6) Image
So you visit the facility and meet with the practitioners. They suggest getting an Ayurvedic Rejuvenation Therapy — Panchakarma.

It’s going to last 7–11 days and it’s going to cost you ₹25,000. That’s quite expensive you think. (4/6)
And then suddenly it hits, your health insurance policy covers Ayush treatments. So you sign off on the payment and get started immediately.

Good thing, you remembered that little detail eh? (5/6)
Ditto Advice: Ayush Coverage is a good-to-have feature. But remember, the policy will only cover these treatments so long as you’re hospitalized in a government-certified Ayush facility. (6/6)

Still in doubt? Contact us for personalized insurance advice- bit.ly/3ADvAKf

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More from @joinditto

19 Oct
Insurers can REJECT your claim if your disease treatment falls under a "waiting period"

Here are the key things you need to know about waiting periods in your health #insurance policy.

A thread. (1/8)
💡| As the name suggests, waiting periods in health insurance is quite literally the amount of time you need to wait, for an insurance policy to cover your diseases.

But since it’s insurance, it’s not that simple.

There are mainly 3 types of waiting periods...(2/8)
(1) Initial 30-day waiting period:

~This waiting period is only so that insurers can make sure that someone doesn’t take a policy after they get sick.

~Accidents (since they are unpredictable) & COVID (waiting period could be 15 -30 days) are exceptions. (3/8)
Read 8 tweets
29 Sep
Is Amazon Becoming an #Insurance Company?

A thread.🧵(1/8)
Amazon has just announced insurance cover for Small & Medium Enterprises (SMEs) in the UK.

This is Amazon’s first foray into the insurance selling business, and we cannot be more excited. (2/8)
Amazon is only offering business-related insurance services, like protecting a company’s assets, providing coverage for cyber security as well as professional indemnity for now, but we believe this move has greater implications to the insurance industry as a whole. (3/8)
Read 8 tweets
28 Sep
Does your health #insurance cover Doctor visits?

Thread👇 (1/8)
Everybody visits the doctor at least once a year. But the doctor you visit — Her consultation fee is off the roof. A routine inspection could set you back thousands. (2/8)
So you come up with a genius plan. You decide to buy insurance and opt for a policy that reimburses all expenses incurred during these visits.

You look for options that include outpatient consultation benefits and you find one after a couple of minutes of search. (3/8)
Read 8 tweets
27 Sep
As the U.S Congress inches closer to the historic legalization of weed at the federal level, there is one industry that is all geared up to witness a potential 10X increase in sales.

And that’s #insurance.

How so?👇 (1/8)
Well, several US states have already legalized marijuana for medical or recreational purposes.

But strict federal laws that criminalized it has prevented the insurance industry from extending services to cannabis businesses - growers, testing labs, and retailers. (2/8)
But it's not that marijuana farmers do not get insurance at all. Insurance in the US is state-regulated, which means farmers do get insurance in states where it is legal. (3/8)
Read 8 tweets
21 Sep
Here's a simple checklist to make sure YOUR health #insurance claims don't get rejected.

A thread.👇 (1/11)
1.) Be Honest Guys

The most helpful thing you can do for your health insurance is being honest when you're buying it.

A mistake in revealing your pre-existing diseases or not mentioning your medical history can lead to rejection & even termination of your policy (2/11)
2.) Check Exclusions
There’s no policy in the world that will offer to cover everything. So, the things an insurer can’t cover is spelled out clearly in the exclusions list... (3/11)
Read 11 tweets
20 Sep
Would you consider a friends-with-benefits arrangement…

...for #insurance?

A thread. 👇(1/9)
There’s this concept called “peer-to-peer” in insurance that does just that.

A concept popularized by Friendsurance in Germany, here, the P2P company collaborates with an insurance company to create a group of customers, or friends, that all buy the same insurance policy. (2/9)
The premiums are pooled together & divided into two parts: A part of your group’s premiums are given to the insurer & the rest is pooled and kept with the P2P company to settle small claims.

At the end of the year if any money is left, each member gets the money back. (3/9)
Read 9 tweets

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