Cholamandalam MS has an extensive network of 6,500+ network hospitals across India. One must get admitted to a network hospital in order to avail cashless treatment for their illness. One can get the Cholamandalam MS network hospital list online.
There is no upper limit on the number of claims during the policy period. However, the total cumulative claim amount cannot exceed the Policy Sum Insured, unless the chosen plan has a Sum Insured Refill benefit, which provides additional coverage even after filing a claim.
When an insured is hospitalized and stays in hospital for more than 24 hours solely for receiving treatment it is termed as inpatient treatment. Out-patient treatment is when insured visits a clinic/hospital or a consultation room for diagnosis and treatment based on the advice of medical practitioner. In out-patient hospitalization patient is not admitted under a day care or as an in-patient.
It is strongly advised to have Health Insurance on your own as well because of reasons of continuity. Firstly, if you change your job, you might not necessarily get Health Insurance from your new employer. In any case you will be exposed to health costs in the transition period between jobs. Secondly, the track record that you have built in Health Insurance at your old employer will not transfer to the new company policy. Covering pre-existing diseases will be a problem in most group insurance policies. In the recent years, many employers are mandating employees to share a part of the Health Insurance premium and claim amount (copayments) in order to prevent frivolous and fraudulent claims. Therefore to avoid the above problems, it is advisable to take a private policy in addition to your company provided group Health Insurance Policy.
Factors for medical insurance in India, How much is the premium and the coverage offered by India health insurance plans..Click here to read more