Planning treatment in a metro city? Check your health insurance first
- Health insurance policies may impose a zone-based co-pay if you get treated in a higher-cost city than your policy zone.
- For example, a 20% co-pay on a ₹15 lakh hospital bill would leave you paying ₹3 lakh yourself.
- A 35-year-old in a Tier-1 city typically pays nearly 25% more premium than someone in a Tier-3 city.
- Policyholders moving to a metro city should inform their insurer, as their premium and claim conditions may change.
Source: financialexpress.com
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