Dailymirror.news,Mumbai, October 9th, 2024:ManipalCigna Health Insurance, one of the fastest-growing standalone health insurance companies in India, has launched its latest offering, ‘ManipalCigna Sarvah’. The new health insurance plan is designed to provide an all-encompassing health insurance solution with a special focus on India’s “missing middle” population, ensuring affordable and inclusive health coverage for a wide range of customer segments.

India continues to battle the triple burden of communicable, non-communicable, and lifestyle diseases. According to the report ‘Health Insurance for India’s Missing Middle’ by NITI Aayog, around 30% of the population, approximately 35-40 crore individuals, fall into the category of “The Missing Middle,” who do not have any financial protection against health-related expenses. Addressing this gap, ManipalCigna launched ‘Sarvah’ to offer robust health insurance coverage, ensuring protection from high, unpredictable health expenditures that could otherwise push households into poverty.

Prasun Sikdar, Managing Director and CEO of ManipalCigna Health Insurance, commented on the launch, saying, “At ManipalCigna, our commitment goes beyond just offering health insurance. It’s about creating innovative solutions that address the critical gaps in healthcare access and affordability, especially for Bharat’s missing middle. With ‘ManipalCigna Sarvah,’ we are introducing a comprehensive health insurance solution that not only caters to diverse customer segments but also strategically targets the affordability and accessibility challenges faced by India’s missing middle. This aligns with the Government and Regulator’s vision of ‘Insurance for All by 2047’.”

Sikdar further elaborated, “Each offering within the ‘ManipalCigna Sarvah Trinity’ has been meticulously designed to provide the right level of coverage and deliver Essential Shield, Infinite Power, and Instant Peace to all. With key features such as the Anant Benefit (unlimited coverage for major organ illnesses), Gullak Advantage (up to 1000% sum insured irrespective of claims), and Sarathi Benefit (covering pre-existing conditions from day 31), we are confident that ‘ManipalCigna Sarvah’ will make a meaningful difference in ensuring people get the right level of coverage for their health needs.”

The Three Variants of ManipalCigna Sarvah:

  1. ManipalCigna Sarvah PRATHAM:
    • Offers comprehensive hospitalization coverage up to ₹3 crore for conditions like cancer, heart issues, stroke, and major organ/bone marrow transplants.
    • Optional cover allows customers to start coverage from day 31 for pre-existing conditions such as Diabetes, Hypertension, and Obesity without the usual 36-month waiting period.
  2. ManipalCigna Sarvah UTTAM:
    • Provides customizable coverage with several optional add-ons, including the option to begin coverage from day 31 for pre-existing conditions like Diabetes, Asthma, and Obesity.
    • Anant Benefit offers unlimited coverage for cancer, heart issues, stroke, and major organ/bone marrow transplants, with a base sum insured of ₹10 lakh and above.
  3. ManipalCigna Sarvah PARAM:
    • Covers pre-existing conditions and specific illnesses from day one, with no waiting period.
    • Includes the Gullak feature, where the sum insured is guaranteed to increase by 100% annually, up to 1000% of the base sum insured, irrespective of claims.

Additional Features and Benefits:

  • Hospitalization: Coverage for both modern and advanced treatments up to the sum insured across all variants.
  • Organ Donation: All plans cover the expenses related to organ donation, including pre- and post-hospitalization costs for the donor, and complications from organ donation.
  • Surplus Benefit: Provides 100% of the sum insured available from day one for the first claim in each policy year.
  • Pre- and Post-Hospitalization: Pre-hospitalization cover up to 90 days and post-hospitalization cover up to 180 days.
  • Value-Added Benefits: Unlimited tele-consultations with general physicians and rewards for completing health activities under the Healthy Life Management Program.
  • Personal Accident Cover: Up to ₹3 crore across all variants.
  • Discounts: Early Renewal Discount (2.5% for renewing 30 days before expiry), First Policy Renewal Discount (5% on the first renewal), and a 10% Family Discount for covering two or more family members.

For more detailed information, visit the ManipalCigna Sarvah brochure.

ManipalCigna Sarvah represents a significant step towards ensuring that every Indian, including those in the ‘missing middle,’ has access to comprehensive and affordable health insurance coverage. The launch of this product aligns with the broader vision of making health insurance accessible to all sections of society, fostering a healthier, more financially secure nation.