Super Top-up Health Insurance

A super top-up plan works on a cost-sharing basis. This means, the entire cost is not borne by your super top-up health insurer but only a part of is it covered, based on what your deductible is. If your super top-up plan has a deductible of Rs 2 lakhs then, your super top-up plan will cover for claims beyond 2 lakhs. 

A super top-up plan works on a cost-sharing basis. This means, the entire cost is not borne by your super top-up health insurer but only a part of is it covered, based on what your deductible is. If your super top-up plan has a deductible of Rs 2 lakhs then, your super top-up plan will cover for claims beyond 2 lakhs. 

The main difference between a super top-up health insurance and your regular health insurance plan is that, your health insurance plan will cover for your complete, or 70% of your hospitalization expenses (depending on your health insurance policy). However, a super top-up health insurance only covers your expenses if it is above a certain limit. For example: If your super top up health insurance policy only covers for you after 5 lakhs...this means if your bill is 8 lakhs, it will only cover for the 3 lakhs after you’ve spent 5 lakhs from your pocket or from your standard health insurance policy.

The main difference between a super top-up health insurance and your regular health insurance plan is that, your health insurance plan will cover for your complete, or 70% of your hospitalization expenses (depending on your health insurance policy).

However, a super top-up health insurance only covers your expenses if it is above a certain limit.

For example: If your super top up health insurance policy only covers for you after 5 lakhs...this means if your bill is 8 lakhs, it will only cover for the 3 lakhs after you’ve spent 5 lakhs from your pocket or from your standard health insurance policy.

The primary reason a super top-up health insurance plan is cheaper is because, the entire costs are not borne by the super top-up health insurer. Additionally, costs are only borne once one has passed the deductible limit.

The primary reason a super top-up health insurance plan is cheaper is because, the entire costs are not borne by the super top-up health insurer. Additionally, costs are only borne once one has passed the deductible limit.

You’ve probably read about both top-up and super top-up health insurance and are confused what really is the difference between them. In simple words, a top-up health insurance will only cover for costs when a single claim goes beyond the deductible limit. However, a super-top up health insurance will cover for costs even when more than one claim during the year put together go beyond the deductible limit. For example: If you’ve opted for a top up plan with a deductible of 5 lakhs and during the year, you have two claims of 4 lakhs each, then your top up health insurance won’t cover for the claim since the single claim doesn’t cross 5 lakhs. However, a super top-up plan will since the total claim amount during the year amounts to Rs 8 lakhs and will hence cover for the rest 3 lakhs.

You’ve probably read about both top-up and super top-up health insurance and are confused what really is the difference between them.

In simple words, a top-up health insurance will only cover for costs when a single claim goes beyond the deductible limit.

However, a super-top up health insurance will cover for costs even when more than one claim during the year put together go beyond the deductible limit.

For example: If you’ve opted for a top up plan with a deductible of 5 lakhs and during the year, you have two claims of 4 lakhs each, then your top up health insurance won’t cover for the claim since the single claim doesn’t cross 5 lakhs.

However, a super top-up plan will since the total claim amount during the year amounts to Rs 8 lakhs and will hence cover for the rest 3 lakhs.

A deductible is the amount you or your primary insurer has to pay before your super top-up insurance can pay for you. So, for example if you’ve chosen a top-up or super top-up plan of Rs 2 lakhs as your deductible, and Rs 20 lakhs as your Sum Insured. During a claim, if you have a total claim of Rs 3 lakhs, then your super top-up insurance will claim for the remaining 1 lakh, while you will need to pay for the first 2 lakhs (through your own pocket or your group medical plan/primary health insurance).

A deductible is the amount you or your primary insurer has to pay before your super top-up insurance can pay for you.

So, for example if you’ve chosen a top-up or super top-up plan of Rs 2 lakhs as your deductible, and Rs 20 lakhs as your Sum Insured.

During a claim, if you have a total claim of Rs 3 lakhs, then your super top-up insurance will claim for the remaining 1 lakh, while you will need to pay for the first 2 lakhs (through your own pocket or your group medical plan/primary health insurance).

Anyone between the ages 18 to 65 years are eligible to buy a super top-up health insurance.

Anyone between the ages 18 to 65 years are eligible to buy a super top-up health insurance.

As one gets older, healthcare expenses too rise. This means, the overall expenses towards healthcare in a year may be higher than what your corporate plan or basic health insurance may cover. 

As one gets older, healthcare expenses too rise. This means, the overall expenses towards healthcare in a year may be higher than what your corporate plan or basic health insurance may cover. 

Most people buy top-up health insurance plans to ease financial uncertainties. While both a top-up and super top-up help manage expenses when they go above the decided deductible, super top-up plans are applicable when total expenses in the year go above and beyond the deductible whereas top-up plans are applicable to single claims only. So, from a financial perspective, super top-up plans help you save and benefit a lot more! 

Most people buy top-up health insurance plans to ease financial uncertainties. While both a top-up and super top-up help manage expenses when they go above the decided deductible, super top-up plans are applicable when total expenses in the year go above and beyond the deductible whereas top-up plans are applicable to single claims only.

So, from a financial perspective, super top-up plans help you save and benefit a lot more! 

The concept of a super top-up health insurance is that, once you’ve spent up to your deductible amount on health-related claims during the year, you can use your super top-up plan for additional coverage. This means, if you have a corporate health insurance of up to Rs 3 lakhs Sum Insured and a super top-up health insurance of Rs 10 lakhs, you will have a total of 13 lakhs Sum Insured, your super top-up giving you the primary boost.

The concept of a super top-up health insurance is that, once you’ve spent up to your deductible amount on health-related claims during the year, you can use your super top-up plan for additional coverage. This means, if you have a corporate health insurance of up to Rs 3 lakhs Sum Insured and a super top-up health insurance of Rs 10 lakhs, you will have a total of 13 lakhs Sum Insured, your super top-up giving you the primary boost.

The factors that will affect your super top-up health insurance premium include, your age, geographical location, and the deductible and sum insured you’ve chosen as part of your super top-up health insurance plan. 

The factors that will affect your super top-up health insurance premium include, your age, geographical location, and the deductible and sum insured you’ve chosen as part of your super top-up health insurance plan.