Star Health Insurance Company has made popular approaches towards giving the maximum benefits. They keep in record every detail happening in the health sector and come up with the best solutions that satisfy the need of the policy holder. The existing policies under Star Health Insurance secure the medical expenses of healthy people for their future medical expenses, and the plan also covers cancer expenses for their policy holders.
But this time, it stretches its coverage benefits and offers something new that is not covered by other companies till date. A separate health insurance plan for the cancer patients is to be launched by the company that targets the disease oriented health insurance.
The company focuses on the neglected parts of a health insurance and brings in the excluded for offering the benefits to the policy holder. The disease specific plan will help people at larger as they come with the necessary benefits.
The company offers a needful step where policy holders can get compensations from critical diseases like cancer. The market research clearly represents that Star Health Insurance is growing with time. It enhances the number of branches to bring more people under the health insurance plan.
The gross premium of Star Health Insurance last year was Rs. 2,962 Crore and the company keeps the target as high as 4,000 crore for this year. Apart from the inclusion of Cancer treatment, the insurer also plans to bring the autism in their disease specific plan.
The company does all the necessary things that prove beneficial for the growth plan. It has also planned to collect around 200 crore to the meet the expenses of the medical costs. A few changes happen in the terms and conditions of policies. For example, the company raises the premium amount of the family health plan optima for 10 to 15%.
The other plans introduced by Star Health Insurance are not only new but also effective and beneficial for the policy holders. It redesigns its most popular plan – Family Health Optima – to include new benefits and options that promote a healthy living. The plan presents that the sum assured will be increased up to 25% for those policy holders who wear helmet during driving.
The distribution channel is also getting higher and stronger with a greater employee network and distribution branches. The company serves people across India so that they can avail the best benefits when time comes.