You may have to pay extra for health insurance covering treatment abroad

The insured may need to pay extra premium for treatment in the US. There is also co-payment of up to 20%

Increasingly, general insurance companies are launching health plans that allow policyholders to get treatment abroad. Recently, the state-owned insurer New India Assurance launched a global a plan to cover treatment overseas.

Such policies are usually targeted towards high networth individuals. “While hospitals in India offer advanced treatments, some individuals are keen to go abroad for specialised treatments in case of certain illnesses,” says G Srinivasan, chairman and managing director, New India Assurance.

In the recent past, few others have also launched policies that cover hospitalisation in another country including Religare Health Insurance, Cigna TTK Health Insurance and Max Bupa. But each of