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[URGENT] Queries regarding Super Top-up Policies for my parents !!

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06 Jul, 2022 by  Kaushik Das

Hello,

I am from Kolkata and I recently came across the concept of Super-topup health insurance policies which come at a nominal price.

My parents (Father - 74 and Mother -63), each of them only have a New India Mediclaim Individual Base Policy of 6.25L (5L original base +1.25L cumulative bonus) (Since 1996 or 97). My father has COPD and my mother has BP+Cardiac Issues.

I searched through all the health insurance providers, and given my parent's age and comorbidities and affordability of the premiums, I was able to narrow down to the only two super top-up policies possible (in addition to the original New India Policy):

Father - Care Enhance Super Topup of 12L (considering 6.25L base policy)

Mother - Niva Bupa Health Recharge Super Topup of 40 L

I read on different sites that its "not recommended to buy base policy and super top-up policy from separate insurers". Why is this a problem? Is it that big that nothing can be done about it?

So, given I can only choose these policies which are different from the original insurer, if (god forbid) a claim is needed for above 6.25L New India Policy, how does the rest work from the new insurers?

Please consider me a total noob in these matters. No matter how stupid or redundant the explanation, I am looking forward to as many suggestions and clarifications as possible from the community.

If you have any other better alternative super-top up policies than the ones I found, I am open to all options (considering my parent's age and co-morbidities and affordability of the premiums).

I will be buying them soon.

Thanks a lot in advance!

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09 Jul, 2022
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Having a super top-up from a different insurer is not recommended because at the time of cashless, you'll have to wait for the first insurer to settle the claim, then forward that settlement letter to the second insurer for the balance claim amount. Since generally the final claim process happens at the time of discharge, the patient needs to be patient (no pun intended) and the hospital has to co-operate. If it's from the same insurer, it becomes a bit smoother. Otherwise, there is nothing wrong in going with a different insurer for a super top-up.


For better guidance, connect with a Beshak health insurance advisor (https://www.beshak.org/advisor/?type=health), who can review your returned and suggest best options.


Thank you

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09 Jul, 2022
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09 Jul, 2022
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09 Jul, 2022
Kaushik Das
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09 Jul, 2022
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Hi Kaushik



Based on the condition of your parents, it'll be tough to get any sort of super top up as they're inexpensive & have a rigorous underwriting.

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09 Jul, 2022
Kaushik Das

I am totally open to suggestions and better alternatives.

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