Health Insurance Plans: From 1st October 2020, a lot of changes related to one’s personal finance is changing. These changes will have a direct impact on one’s pocket and regular expenses. Health insurance plans are one such area that is going to change completely from next month i.e. from 1st October 2020. From this date insurance companies won’t be able to reject insurance claims with ease.
If a health insurance plan holder has paid a policy premium for eight years, then the insurance company can’t reject the insurance claim in the wake of a loophole in the claim. Now a health insurance plan will cover the maximum number of diseases, however, it will lead to a rise in the health insurance policy premium.
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Major changes from 1st October in the insurance sector
1] Coverage of the number of