Young Star Silver Plan

What we love?
Mid-term inclusion for Wife and Child

Cover amount: ₹5 Lakh

Cashless hospitals: 335

Premium:₹448/month (₹5375 paid annually)

Claim Settlement Ratio: 90%

90% Claim Settlement Ratio

  • This is explained as (Number of Claims Settled / Number of Claims) by the Insurance Company.
  • Source: Public Disclosures (NL25 for 2018-19).

4% Repudiated Due to Waiting Period and Exclusions

Claims Rejected due to Policy Terms and Conditions such as Waiting Periods and Exclusions as provided by the Insurer.

94% Effective Ratio

Number of Claims Settled / Number of claims valid as per Policy Terms and Conditions (C = A+ B).

Coverage for Covid-19

What is covered:

  • 1. Hospitalization due to omicron and all other variants of covid-19

The following are not covered –

  • 1. Consumables like PPE Kit
  • 2. Hospitalization at Home

 

Why is it Important

This plan helps to cover the following for Covid-19 treatment –

  • 1. Hospitalization – Hospitalisation is covered for COVID-19 as per policy terms and conditions, just like any other covered ailment
  • 2. Consumables – All consumable covered by IRDAI regulation are paid. Reasonable and customary clause will be applicable
  • 3. Hospitalization at Home is not covered
ProTip: Look out for the cover amount and the things covered under covid-19

Discount on Early Entry

If entered before 36 years, continued the policy, from 41 years age 10% discount will be given

 

Why is it Important

It is a value-added service and you will get benefit of discount on renewal

Mid-Term Inclusion

Available for including Newly Married Spouse and/or legally adopted child (Intimation should be given within 45 days from the date of marriage or date of adoption) . New Born on paying additional premium (Intimation should be given within 90 days from D.O.B)

 

Why is it Important

It is important from the point of getting Spouse or child added in mid term so that they can get covers as and when they become the part of our family

Existing Illness Waiting Period

Covered after 1 year

 

Why is it Important

If you are suffering from an existing illness, this ensures that your coverage starts sooner with lesser waiting period.

Network Hospitals covered

11000+ Network hospitals

Why is it Important

The higher the number of network hospitals the better as you can avail cashless treatment at more places.

ProTip: Check if the hospital of your choice or those near you are part of the network.

What’s covered

Covid-19 Coverage

Hospitalization due to omicron and all other variants of covid-19 are covered

 

Why is it Important

Most people infected with the virus will experience mild to moderate respiratory illness and recover without requiring special treatment. However, some will become seriously ill and require medical attention

ProTip: Protect yourself and others from infection by staying at least 1 metre apart from others, wearing a properly fitted mask, and washing your hands or using an alcohol-based rub frequently

Room rent limit

Single Private A/C room

 

Why is it Important

A lower cap is better as room rent eats into the claim amount which should be spent on treatment cost.

ProTip: Always opt for rooms within your rent eligibility, In case you opt for a room above this cap, you will have to bear the additional expenses

Restoration of cover

Sum insured will be automatically restored by 100% once during policy period for both related and unrelated illness

 

Why is it Important

It helps at the time of second hospitalization in the same year

ProTip: The restoration amount varies, please check the plan T&C for when restoration is allowed.

No claim bonus

 The insured person will be eligible for Cumulative bonus calculated at 20% of basic sum insured for each claim free year subject to a maximum of 100% of the basic sum insured.

 

Why is it Important

It helps at the time of second hospitalization in the same year

ProTip: The restoration amount varies, please check the plan T&C for when restoration is allowed.

Free health checkup

Expenses incurred towards Cost of Health check-up up to the limits mentioned on completion of each policy year (irrespective of claim)

 

Why is it Important

Health checks ensure you are treated before your medical condition gets serious.

ProTip: Look for the type, cost and number of tests your insurer allows.

Co-pay

No Co-payment. 100% claim paid by Insurer

Existing Illness cover

Covered after 1 year

 

Why is it Important

If you are suffering from an existing illness, this ensures that your coverage starts sooner with lesser waiting period.

Covid-19 Patient Eligibility

After 1 month of covid negative report date

 

Why is it Important

Most people infected with the virus will experience mild to moderate respiratory illness and recover without requiring special treatment. However, some will become seriously ill and require medical attention

ProTip: Protect yourself and others from infection by staying at least 1 metre apart from others, wearing a properly fitted mask, and washing your hands or using an alcohol-based rub frequently

Cashless hospitals

11000+ Network hospitals

 

Why is it Important

The higher the number of network hospitals the better as you can avail cashless treatment at more places.

ProTip: Check if the hospital of your choice or those near you are part of the network.

Pre-hospitalization coverage

Pre hospitalization expenses up to 60 days prior to admission in the hospital

 

Why is it Important

Typically there is a period of OPD and diagnostics before one is discharged. Longer the Pre-Hospitalisation cover period, better it is

ProTip: Make sure you claim the medical expenses for the same illness for which you got admitted later on.

Post-hospitalization coverage

Post hospitalization expenses up to 90 days after discharge from the hospital

 

Why is it Important

There are usually expenses on medicines and treatments even after hospitalization. This benefit helps to cover the same.

ProTip: More the number of days covered, the better it is

Day care treatment

All Day care procedures are covered.

 

Why is it Important

The number of day care treatments are increasing every day and it is important that your insurance covers maximum day care procedures.

ProTip: Look for plans which cover maximum Day Care procedures

Ambulance charges

Covered (Actuals) (i) for transportation to hospital (ii) from one hospital to other hospital

ProTip: Check if your insurance plan covers the Ambulance cost and how much

E-consultation

E-medical opinion available from the Company’s expert panel

Why is it Important

It is a value-added service and you get a convenient second opinion.

Discount on Renewal

Wellness Factors – Renewal discount for healthy life style)

What’s not covered

Maternity cover

Not Covered

 

Why is it Important

Since pregnancy and related expenses are covered, you get peace of mind and financial protection during child birth

Hospitalization at home

No coverage of Hospitalization at Home

 

Why is it Important

The higher the cover amount, the better as sometimes — especially during seasonal outbreaks like dengue — hospitals may not have accomodation.

ProTip: Look out for the cover amount and the number of days at home treatment is covered.

Alternate medicine (AYUSH)

Not Covered

 

Why is it Important

This benefit covers you for alternative treatment options which are becoming more and more popular.

ProTip: Don’t forget to check if your insurance plan covers AYUSH treatment

Worldwide coverage

Not Covered

 

Why is it Important

The higher the coverage the better as medical treatments abroad are expensive.

ProTip: The higher the coverage the better as medical treatments abroad are expensive.
Looking for plans with Worldwide coverage? VIEW PLANS

Domestic evacuation

Not Covered

Cover for organ donor

Not Covered

 

Why is it Important

It ensures that expenses of the donor are covered, and the insured gets the organ that is required in time

ProTip: Make sure the cover amount is high as the organ transplant is expensive.

Daily cash allowance

Not Covered

 

Why is it Important

The money can be used for meeting additional expenses that are not covered by health insurance

ProTip: The higher the daily cash allowance the better as these additional costs do add up during hospitalization.

Out patient consultation benefits

Not Covered

 

Why is it Important

The higher the coverage the better as most treatments do not require hospitalization.

ProTip: If you stand to lose your NCB, it is advisable not to claim OPD expenses.

Animal bite vaccination

Not Covered

 

Why is it Important

This add-on is beneficial as stray animals are everywhere and you can’t predict when one might bite you.

About Star Health

Commencing operations in 2006 as Indias first Standalone Health Insurance provider, Star Health and Allied Insurance Co Ltd is providing sterling services in Health, Personal Accident and Overseas Travel Insurance etc. Awarded for “Best Health Insurance provider of the year 2018” – Business Today, Money Today financial awards 2018 – 2019 and Awarded as “India’s leading Insurance Company of the year – Dun & Bradstreet BFSI Summit & Awards 2019. Star health offers a wide range of products from floater schemes, senior citizen coverage plans and products for Diabetes/Heart/HIV patients also. It has a Pan India presence with 550+branch offices, Cashless treatment at 9900+ hospitals across India, Star health also provides 24 X 7 FREE medical advice and expert Doctor consultation. You also get Hassle-free in-house claim settlement without intervention of TPA. Star Health efforts have always been on service excellence and product innovation with a focus on delivering the best to the customers

Most Asked Question For Your Profile

Are PPE kits and other consumable items covered in Health Insurance policies?
Mostly policies don’t cover it by default, however you can buy some very low cost riders and get consumables like PPE kits covered. These include riders such as Care Shield with Care Health Products, or Safeguard with Max Bupa products.

 

Is HomeCare treatment covered in my Health Insurance policy?
Many Comprehensive health plans provide Home Care treatment where Hospitalisation was required, but patients couldn’t be hospitalised because beds weren’t available. This will include the cost of treatment, diagnosis, medication, oxygen, etc. Check with your advisor for options where HomeCare for Covid-19 is also covered

 

Will my Health policies cover Black Fungus or any other complications of Covid-19?
Absolutely, Health Insurance covers Covid-19 and all its related complications such as Black Fungus.

Cashless Process

In cashless process the hospital expenses are settled directly between the insurance company and the network hospital. No cash has to be paid by the insurance policy holder.

    • Step 1: Find network hospital

      Click here to view the list of Cashless Hospitals

    • Step 2: Inform the insurer

      There can be 2 types of hospitalisation.

      • Planned Hospitalization – Kindly intimate insurer 24 hours prior to your admission by calling on 1800-425-2255 / 1800-102-4477 or writing at[email protected]
      • Emergency Hospitalization – In case of an emergency hospitalization, call and inform at 1800-425-2255 / 1800-102-4477 within 24 hours of your admission.
  • Step 3: Preauthorization

      • Approach Hospital’s Insurance / TPA desk for Pre-Authorization Emergency Hospitalization.
      • Show your insurance policy and provide valid photo id proof.
      • Hospital will send the cashless request to insurer and coordinate for authorization.
  • Step 4: Discharge

    Hospital will share all the necessary documents with insurer / TPA for approval.

  • Step 5: Claim settlement

    Insurer will scrutinize the shared documents and give the authorization on the final bill amount in case of approved transactions.Any inadmissible expenses,copayments,deductions will have to be paid by you.

Pro Tip – Once your cashless claim is approved, you can also reimburse your pre and post hospitalization expenses through the reimbursement process.

Re-imbursement Process

In case of hospitalization in non calshless network hospital you can still take an advantage of your health insurance policy by making a Reimbursement claim where you can pay the medical bills directly to the hospital and then gets expenses reimbursed from the insurance company.

  • Step 1: Inform the insurer (Claim Intimation)

    There can be 2 types of hospitalisation.

    • Planned Hospitalization – Kindly intimate insurer 24 hours prior to your admission by calling on 1800-425-2255 / 1800-102-4477 or writing at[email protected]
    • Emergency Hospitalization – In case of an emergency hospitalization, call and inform at 1800-425-2255 / 1800-102-4477 within 24 hours of your admission.

    The insurer needs to provide complete details including hospital name, diagnostic and treatment details, date of admission, etc.

    The insurer will provide a reference ID for all future communication pertaining to the claim request.

  • Step 2: Claim registration

    The completed and duly filled claim form has to be sent along with the document checklist.
  • Step 3: Claim settlement

    Insurer will scrutinize the shared documents and give the authorization on the final bill amount in case of approved transactions.Any inadmissible expenses,copayments,deductions will have to be paid by you.