Unexpected illness and the need for costly treatments are always a possibility in our busy lives. One of our loved ones (or even you) could always develop a chronic illness that necessitates long-term care, which is always a small possibility. Fortunately, there are health insurance policies, namely Niva Bupa Health Recharge and Care Enhance Super Top-Up Health Insurance Policy.
Both policies will protect your savings from the unexpected shocks of medical treatments in exchange for a small premium payment. These insurance plans serve as a safeguard for healthcare and savings, allowing you and your loved ones to continue living fulfilling lives.
Let’s dig deep into these policies to understand their features and benefits, differences, premium illustrations, and more.
What is Niva Bupa Health Recharge?
Niva Bupa Health Recharge (formerly known as Max Bupa Health Recharge) is a pocket-friendly Super Top-up plan, that offers additional coverage in case your existing health plan gets exhausted. You can include up to 4 dependent children in the plan in addition to your spouse and yourself. Additionally, you have the option to select critical illness coverage or personal accident coverage, and the plan covers treatments for mental disorders.
The deductible for Niva Bupa Health Recharge functions as a stairway to your health insurance policy. You are given the option of this additional coverage, which has a threshold limit. It only takes effect once your total claims for the same year exceed the threshold amount.
Major Features & Benefits of Niva Bupa Health Recharge
The following are the key features and benefits of choosing the Health Recharge Insurance Policy by Niva Bupa.
- Pre & Post Hospitalisation Medical Expenses
The insurance will pay for both pre and post-hospitalization costs. The time frame of the covered treatment is from 60 days before your hospital admission to 90 days following your discharge.
- Domiciliary Hospitalisation
If you received medical care at home against the advice of your doctor or due to a lack of a hospital bed, your insurance will pay for it.
- Alternative Treatments
The insurance contract will cover any medical costs related to the insured person’s inpatient hospitalisation for Ayurvedic, Unanian, Siddha, or homoeopathic treatment received during the policy period.
- Loyalty Additions
The company will offer Loyalty Additions in the form of Cumulative Bonus by increasing the Sum Insured applicable under the Policy by 5% of the Base Sum Insured of the immediately preceding Policy Year, subject to a maximum of 50% of the Base Sum Insured, if the Policy is renewed without a break or if the Policy remains in force for the 2nd Policy Year in the 2-year / 3-year Policy Period, respectively.
- HIV/AIDS Treatment
The insured person’s hospitalisation costs (including daycare treatment) for illnesses brought on by or linked to HIV/AIDS will be covered by the policy.
- Artificial Life Maintenance
The policy will cover any costs incurred by the insured person for maintaining an artificial life, including the cost of the life support system used to keep the insured person alive even though they are not brain dead.
- Accident Permanent Partial Disability
The policy will pay under this optional benefit if the Injury resulting from the Accident results in the Insured Person’s Permanent Partial Disability of the nature described in the policy document within 365 days of the occurrence of such Accident.
- Critical Illness Cover
The policy will pay the Critical Illness Sum Insured specified in the Policy Schedule if the Insured Person survives the Survival Period of 30 days following the diagnosis of the Critical Illness during the Policy Period or if any of the following Critical Illnesses occurs or manifests itself in the Insured Person for the first time during the Policy Period.
- Impatient Care
When an insured person is hospitalised during the policy period as a result of an illness or injury, the plan will pay for one or more of the following medical expenses, including room rent, room boarding, and nursing costs as assessed by the hospital where the insured person received medical care.
- Free Look Period
You have up to 15 days after purchasing the insurance to cancel the Niva Bupa Health Recharge plan and receive a refund. If you find out later that you are not satisfied with the policy’s terms and conditions, then you can cancel it within 15 days after purchasing the policy.
What is the Care Enhance Super Top-Up Health Insurance Policy?
Care Enhance is a super-top-up health insurance policy that offers medical coverage when the claim amount in your existing health plan crosses the deductible limit in the Super-top-up plan. The policy is activated once the deductible has been satisfied. The purpose of the policy is to increase the policyholder’s base sum insured so that it can cover any major medical expenses that would exceed the existing coverage limit. The higher sum insured options are available up to Rs 55 lakh with the Care Enhance super top-up health plan.
Key Features & Benefits of Care Enhance Super Top-Up Health Insurance Policy
Listed below are the important features and benefits of choosing the Enhance Super Top-Up Health Insurance Policy from Care Enhance.
- Cashless Treatment
With cashless hospitalisation, you won’t have to waste time running around to pay your hospital bills before pursuing a reimbursement. Now all you have to do is get admitted to one of the hospitals in our network, where you can only focus on getting better. Free yourself from the stress of making financial arrangements.
- In-Patient Care
The following expenses are covered if you are admitted to a hospital for in-patient care for a minimum of 24 straight hours: room charges, nursing costs, intensive care unit costs, surgeons’ fees, doctors’ fees, anaesthesia, blood, oxygen, operating room costs, etc.
- Annual Check Up
For you and any adult family members covered by the policy, the company offers an annual health checkup to prevent you from ever needing to go to the hospital.
- Cover Organ Donors
In addition to making sure that your medical requirements are met, the company will pay for any medical costs associated with organ donation surgery.
- Reduce your tax liability
Deciding to purchase health insurance is undoubtedly a wise move that has two advantages. The Income Tax Act of 1961’s current tax laws allow you to take advantage of a tax benefit on the premiums you pay for health insurance, ensuring that you and your family always have access to quality medical care.
- Floater Plan option
You can cover any member of your immediate family (yourself, your spouse, your children, or your parents) for the amount insured under the “floater plan” with just one policy.
Comparison of Health Recharge and Enhance Super Top Up Health Insurance Policy
Here is the list of the differences between the Niva Bupa Health Recharge and Care Enhance Super Top Up Health Insurance Policy.
| Parameters | Niva Bupa Health Recharge | Care Enhance Super Top-Up Health Insurance |
| Sum Insured | Niva Bupa Health Recharge Policy offers a sum insured that starts from Rs. 2 Lakhs and goes up to Rs. 95 Lakhs. | Care Enhance Super Top-Up Health Insurance Plan offers a sum insured that goes up to Rs. 55 Lakhs. |
| Deductible | Since Niva Bupa Health Recharge comes in two forms, namely E-Saver & Super Top-Up. Their deductible is as follows E-saver: 10k, 25k, 50k Super Top-up: 1L to 10L in multiples of 1L | The deductible for the Care Enhance Super Top-Up Health Insurance Plan starts from Rs.1 Lakh and goes up to Rs. 10 Lakhs. |
| Room Rent (per day) | When it comes to Room Rent Per day, Niva Bupa Health Recharge offers up to Rs. 1% of Base Sum Insured Per day under 2 Lakhs and 3/4 lakhs sum insured category. | Care Enhance Super Top-Up Health Insurance Plan, on the other hand, offers a Single private room that is covered up to Sum Insured. |
| Pre-Hospitalization | Under the Niva Bupa Health Recharge insurance policy, the Pre-hospitalisation expenses can be covered for up to 60 days. | On the flip side, the Care Enhance Super Top-Up insurance policy covers pre-hospitalisation expenses incurred by the policyholder 30 days before their hospitalisation. |
| Post-Hospitalization | The Health Recharge insurance policy from Niva Bupa covers the related medical expenses incurred by the policyholder after their hospitalisation for 90 days. | Care Enhance Super Top-Up Health Insurance Policy covers the related medical expenses incurred by the policyholder after their hospitalisation for 60 days. |
| e-Consultation | With the Health Recharge insurance policy from Niva Bupa, the policyholder will get unlimited tele/online consultations. | Under the Care Enhance Super Top-Up Health Insurance Policy, there is an expert opinion benefit. |
| Co-payment | Under the Niva Bupa Health Recharge Insurance Policy, there is no option for co-payment. | If the person chooses the policy at the age of 61 years or more, then there will be a 20% co-payment applicable. |
Premium Calculation of Niva Bupa Health Recharge and Care Enhance Super Top-Up Health Insurance
Let’s use Mr. Kumar Venkatesh, a software developer who was born and raised in New Delhi, as an example. Because medical costs are on the rise and he wanted to be protected from high medical costs while also saving money, he was looking to buy a specific health insurance plan. After getting suggestions from his friends and family, he got two options, namely Niva Bupa Health Recharge and Care Enhance Super Top-Up Health Insurance Policy. Now, he is confused about which one to choose according to his requirements. Let’s take a look at the different premium amounts that he will need to pay as per his somewhat similar age, sum insured, deductible, and policy period of 1 year.
Niva Bupa Health Recharge Plan:
| Age | Choose your cover | Deductible | Premium Amount |
| 30 Years | 10 Lakhs | Rs. 3 lakhs | Rs. 1, 605 per annum |
| 30 Years | 40 lakhs | Rs. 1000000 | Rs. 782 per annum |
Care Enhance Super Top-Up Health Insurance:
| Age | Choose your cover | Deductible | Premium Amount |
| 30 Years | Rs. 9 Lakhs | Rs. 3 Lakhs | Rs. 3380 per annum |
| 30 Years | Rs. 30 lakhs | Rs. 10 lakhs | Rs. 3647 per annum |
Niva Bupa Health Recharge Vs. Care Enhance Super Top-Up Health Insurance Policy: Which is the Ideal Plan to Choose?
Both the plans, Niva Bupa Health Recharge Insurance Policy and Enhance Super Top-Up Health Insurance Policy are specifically designed while keeping in the idea of comprehensive health insurance. However, as can be seen from the aforementioned distinctions, these two plans have unique features that enable them to cater to the various needs of policyholders.
Talking about the differences, if you want to get more days for pre- and post-hospitalization to be covered, then consider the Niva Bupa Health Recharge Insurance Policy. Furthermore, the major highlight of the health Recharge insurance plan from Niva Bupa is that there is no option for co-payment and there is a higher sum insured, as well. On the other hand, if you don’t have a critical illness and want to cover yourself from medical issues with quick and hassle-free claim settlement, then consider the Care Enhance Super Top-Up Insurance policy.
It is suggested to thoroughly research each plan before making a decision. The comparison should serve as the foundation for your research as a good place to start.
