Narayana Health Launches First Insurance Plan

Narayana Health Insurance Ltd., a new venture by Narayana Health, has launched its first health insurance product, 'Aditi'. It offers coverage up to Rs 1 crore for a premium of Rs 10,000. 

This plan aims to bridge the gap in healthcare access for the masses in India by offering comprehensive coverage at an affordable price point, the company said. 

"With the launch of Aditi, we embark on a transformative journey to make quality healthcare a reality for every Indian," said Dr. Devi Shetty, chairman of Narayana Health and Narayana Health Insurance.

The coverage will be for a family of four. Narayana Health Insurance plans to launch Aditi in four districts around Mysore, initially allowing them space to gather feedback and adapt the plan to ensure optimal service and scalability.

“Aditi offers a single plan that prioritises life-saving care, eliminates hidden fees and doesn’t have long waiting periods. Our unique offering will be built around a world-class care team who will help families save money on essential procedures and put our members in the driver’s seat of their healthcare journey,” said Viren Prasad Shetty, vice chairman of Narayana Hrudayalaya.

The coverage is primarily within the Narayana Health network, which has experienced doctors and advanced facilities. However, for emergencies and specific situations, it also offers limited coverage outside the network, providing a safety net when needed. Aditi prioritises essential medical needs by covering treatment in general wards, eliminating the burden of expensive room selections. 

This focus ensures streamlined communication and minimises administrative hurdles. The claim settlement process within the Narayana Health network is designed to be hassle-free, allowing customers to focus on their health and recovery, the company said.