INCOME TAX20 Sept 2026
Buying health insurance add-ons? Experts explain which riders are worth paying extra for and what to check | Mint
Health insurers now sell add-ons like consumables, hospital cash, OPD (outpatient department) and critical illness cover, but each rider raises your premium. Experts say there is no universal must-have list. Your age, family, health and lifestyle should decide. Check what your base policy already covers, then compare the extra premium with the benefit, exclusions and conditions before buying.
Key Statutory Highlights
- Health insurance add-ons can cover consumables, outpatient (OPD) treatment and hospitalisation-related costs, but each rider can increase your premium.
- Hospital cash pays a fixed amount for each eligible day of hospitalisation and can help with caregiver costs, transport and loss of income.
- There is no universal list of must-have add-ons, so the right choice depends on age, family, health, lifestyle and future healthcare needs.
Actionable Advice for Taxpayers / Founders:Review your base health policy first, note the costs it does not cover, and ask your insurer exactly which items each rider covers, along with its exclusions and conditions, before paying extra premium.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: