Overview
The New India Assurance Yuva Bharat Health Policy is a health insurance plan designed to cover hospitalization expenses due to illness or injury. It offers three variants, each with increasing levels of coverage. The plan includes essential benefits such as inpatient care, pre-hospitalization expenses up to 60 days, post-hospitalization expenses up to 90 days, AYUSH treatments, and daycare procedures. Despite its comprehensive coverage, the plan has limitations such as disease-wise sub-limits, room rent restrictions depending on the coverage amount, a 100% limited restoration of the sum insured for a different illness, and a modest No-Claim Bonus.
Experts Review
Written by Ishita Jain
Editor
The New India Assurance Yuva Bharat Health Policy is a basic health insurance offering that may not meet the expectations of those seeking comprehensive coverage. Its strengths include a short waiting period of 24 months for pre-existing diseases, which is beneficial for individuals with chronic conditions.
The plan covers daycare treatments, pre- and post-hospitalization expenses, and AYUSH treatments, providing flexibility in healthcare choices. Additionally, it offers discounts for healthy parameters like BMI and blood sugar levels, as well as loyalty and digital discounts.
On the downside, the plan’s room rent restrictions limit policyholders to specific accommodations, and the one-time restoration of the sum insured for different ailments may not suffice for multiple claims. Coverage for modern treatments and genetic disorders is limited, making it less appealing for those requiring advanced medical care. Furthermore, the plan lacks unique features compared to more premium health insurance offerings.
Pros
Insurer has a solid track record with great claim and service metrics.
Cons
Not very feature-rich.
No coverage if you are forced to hospitalize at home, which is a notable gap.
Maternity benefits not offered, which could be a drawback for some.
Doctor consultations are not covered, which is a key feature.
New India Assurance
Key Insights
Founded
1919
New India Assurance was established 106 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99% claims settled in 30 Days
New India Assurance settles 99% of all claims it receives demonstrating strong credibility.
Network Hospitals
3,700+
New India Assurance has a limited network of 3,700 hospitals, which may restrict access to cashless services for policyholders.
Complaints
5 complaints per 10,000 claims registered
New India Assurance maintains a low volume of complaints, reflecting strong customer satisfaction and effective service.
Features
All
Great
Good
Bad
Co-payment
The insurer will bear the entire cost of treatment (up to the sum insured). You won’t have to pay a single penny. Meaning this policy has no co-payment.
Room Rent
You can share a room or you could have a single room for yourself. But if you are looking for anything slightly fancy, be ready to foot a part of the bill.
Disease sub-limit
Your insurance cover won’t be fully available in case you are treated for Genetic disorders, modern treatments and a few other diseases. Meaning the insurance company has a cap on the total amount they’ll pay out if you are treated for these specific illnesses.
Pre existing diseases waiting
If you’re already dealing with diabetes, cardiovascular problems or any such illnesses, the insurer will cover all costs arising out of these pre-existing problems after just 2 years. It’s probably the best deal you can get to be honest.
Pre/Post hospitalization
No worries if the doctor had to run a host of diagnostic tests before or after hospitalizing you. The insurer has your back. They will cover this amount in full for a pretty reasonable duration - 60 days before you are hospitalized and 90 days after discharge. This includes the cost of medication by the way.
Permanent Exclusions
Conditions or treatments that the policy clearly says it will not cover.
Convalescence and General debility.
Expenses incurred for Rotational Field Quantum Magnetic Resonance (RFQMR),
External Counter Pulsation (ECP), Enhanced External Counter Pulsation (EECP),
Hyperbaric Oxygen Therapy.
Expenses related to any admission primarily for diagnostics and evaluation purposes are excluded.
Disclaimer: For illustration purposes only - exact terms are in the policy wording.
Specific Illness
The following illnesses are not covered under the policy .
1-Year Waiting Period:
Any types of gastric or duodenal ulcers
Tonsillectomy, Adenoidectomy, Mastoidectomy, Tympanoplasty
Surgery on all internal or external tumors, cysts, nodules, polyps (including breast lumps)
All types of Hernia and Hydrocele
Waiting Period
30 days Initial waiting period
2 years Pre-existing disease waiting period
Ditto's Take
◦ Excellent ◦
Waiting periods on this policy are excellent. There is no specific illness waiting period which is a plus and the PED waiting period is better than usual.
What's missing in the policy
No coverage if you are forced to hospitalize at home.
Maternity benefits not offered.
Doctor consultations are not covered.
Customer Reviews
U
Usman F.
Short PED waiting period of 24 months is good for those with existing conditions.
V
Vidya G.
Covers daycare treatments and AYUSH, offering flexibility.
W
Wasim H.
Discounts for healthy BMI and blood sugar levels are a nice incentive.
F
Farhan O.
No-Claim Bonus is very modest (10-30%). Doesn't really motivate claim-free years.
C
Chitra M.
Room rent restrictions are quite limiting. Can't choose a better room without paying extra.
A
Aakriti K.
Basic plan hai, but kaam chalau for young people with limited budget.
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Frequently Asked Questions
Does Yuva Bharat Health have waiting periods?
- 30-Day Waiting Period: Hospitalizations won’t be covered for the first 30 days of the policy unless it’s an accident.
- Specific Illness Waiting Period: There’s a 1 to 2-year waiting period for a list of diseases which is a mandate before you can start claiming.
- Pre-Existing Disease Waiting Period: There's a 2-year waiting period for any pre-existing disease you may have while buying the policy.
- 90-Day Waiting Period: There's a 90-day waiting period for conditions arising out of Hypertension, Diabetes & Cardiac conditions unless declared as a PED.
Does Yuva Bharat Health have room rent restrictions?
Does Yuva Bharat Health offer a restoration benefit?
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