Health Insurance with No Copayment: Explore ReAssure 3.0 by Niva Bupa

Health insurance serves as a vital safeguard against unforeseen medical expenses, enabling people to prioritise their well-being without the added worry of financial strain. As medical treatments become more advanced and costs continue to escalate, selecting a policy that minimises out-of-pocket payments is increasingly important. Health insurance with no copayment stands out in this regard, covering eligible expenses in full and offering greater predictability. ReAssure 3.0 by Niva Bupa exemplifies this approach, with flexible options that include no copayment alongside extensive coverage designed to evolve with your needs. 

The Rising Cost of Healthcare in India

Healthcare expenses in India have been rising steadily, driven by advancements in medical technology, increased demand for specialised treatments, and economic pressures. This trend underscores the value of robust health insurance, particularly plans that eliminate copayments to avoid unexpected deductions during claims. By opting for health insurance with no copayment, policyholders can better manage these escalating costs, ensuring that financial concerns do not hinder access to quality care.

How No Copayment Enhances Financial Security?

Eliminating copayments means that once a claim is approved, the insurer covers the entire admissible amount, without requiring the policyholder to contribute a percentage. This is especially advantageous in high-cost scenarios, such as surgeries or prolonged hospital stays, where even a small copayment percentage could translate to significant sums. In ReAssure 3.0, the availability of a 0% copayment option allows for tailored coverage that aligns with individual budgets, reinforcing the plan's commitment to comprehensive protection amid rising healthcare costs.

Understanding the Basics of Health Insurance with No Copayment

In health insurance, a copayment is the share of the bill that the insured must pay, often expressed as a percentage. While this can reduce premium amounts, it introduces uncertainty during treatment. Health insurance with no copayment removes this element, ensuring full coverage of approved expenses. ReAssure 3.0 offers copayment flexibility from 0% to 50%, empowering users to choose based on their financial preferences. Selecting no copayment in Niva Bupa ReAssure 3.0 provides peace of mind, particularly for those anticipating frequent or costly medical needs.

Avoiding copayments helps shield against the compounding effects of rising costs, making it invaluable for families or individuals with chronic conditions. ReAssure 3.0's no copayment option integrates seamlessly with its unlimited sum insured, creating a robust barrier against economic pressures in healthcare.

What is ReAssure 3.0?

ReAssure 3.0 embodies a modern take on health insurance plan, extending beyond basic reimbursements to foster wellness and financial resilience. It features unlimited coverage, adaptable benefits, and incentives that promote healthy habits. Ideal for individuals or families, the plan accommodates diverse lifestyles, addressing emergencies, routine check-ups, and everything in between.

This policy prioritises real-world applicability, covering sudden illnesses to preventive measures, while encouraging proactive health through rewards. With broad inclusions, optional enhancements, and a focus on user convenience, ReAssure 3.0 elevates health insurance to a lifelong partner in well-being.

Standout Features of ReAssure 3.0

ReAssure 3.0 introduces elements that surpass conventional health insurance, blending protection with incentives and ease of use. These aspects make it particularly appealing for those seeking health insurance with no copayment.

Unlimited Sum Insured

Central to the plan is an unlimited base sum insured across all variants and allowing coverage to scale with needs during crises.

Day 1 PED Cover

With the Day 1 PED Cover add-on, ReAssure 3.0 allows you to access coverage for up to 145 pre-existing conditions from day one. By paying a small underwriting loading, you can bypass the usual 36-month waiting period, ensuring timely access to treatment without delay.

Cash-Bag+ Rewards

Claim-free periods yield rewards: 10% of renewal premium after year one, then 5% annually, usable for outpatient costs, premiums, or copayments in Niva Bupa ReAssure 3.0. Three consecutive claim-free years add a 10% bonus, shareable with nominees.

HeadsUp for Smarter Hospitalisation

With HeadsUp, you can call us for guidance before hospitalisation. Just give us a call at least 48 hours in advance for planned admissions to get treated at one of our recommended providers. In case of emergencies, reach out within 24 hours of admission.

Please note that a co-payment may apply if treatment is received outside our recommended provider network.

NivaBupaOne for Personalised Services

This extends beyond coverage, delivering priority access, a personal manager, and executive assessments for tailored support.

Base Benefits: Building a Strong Foundation

ReAssure 3.0's core benefits offer adaptable protection, spanning hospitalisation, extended support, and health promotion across variants.

Unlimited Sum Insured and Room Type Flexibility

An unlimited sum insured protects against soaring costs. Room options vary:

This enables ReAssure 3.0 to offer no copayment in premium variants for enhanced comfort.

Comprehensive Hospitalisation Expenses

Includes stays over 24 hours, AYUSH, and modern treatments up to the sum insured. Ayurveda needs just two hours. Ambulance varies:

Ensuring efficient emergency response.

Pre and Post-Hospitalisation Support

Covers 60 days pre- and 180 days post-hospitalisation, plus domiciliary care and organ donor expenses up to the sum insured.

Wellness Incentives with Live Healthy

Participate in activities to earn up to 30% renewal premium back, shifting focus to prevention.

Advanced Features for Enhanced Protection

Elite and Black variants include extras for immediate and layered security.

Lock the Clock and Day 1 PED

Premiums lock at entry age until a claim; Day 1 PED skips waits for 145 pre-existing conditions.

Surprise Benefit and Consultations

Post-purchase voucher aids claims; unlimited second opinions and e-consultations provide accessible expertise.

Optional Benefits: Tailoring Your Coverage

Add-ons allow personalisation for financial, international, and specific requirements.

Financial Add-Ons Like Co-Payment and Deductibles

Copayments from 0% to 50% for premium control. Personal accident from INR 10 Lacs to 1 Crore. Daily cash INR 1000 for 30 days. Annual Aggregate Deductible are available in INR 10,000; INR 20,000; INR 30,000; INR 50,000; INR 1,00,000; INR 2,00,000; INR 3,00,000; INR 4,00,000; INR 5,00,000.

Claim Safeguard+ and OPD Cover

Claim Safeguard+ handles non-payables up to five times the premium. OPD reimburses with a copayment, up to five times the premium.

Global Coverage with Borderless Options

Borderless and Borderless for specified illness offers up to INR 5 Crore for worldwide treatment, with 0-50% copay. 

Inclusions and Exclusions in ReAssure 3.0

Clarity on coverage is key, hence here is  a breakdown of inclusions & exclusions:

Why ReAssure 3.0 Offers a Complete Experience?

By combining unlimited reinstatement, rewards, and modern updates, ReAssure 3.0 acts as a proactive health ally, addressing routine and emergency needs with flexibility.

Its broad scope, customisable elements, wellness focus, and global options with treatment anywhere in the world, up to INR 5 Cr along with co-payment following options: 0% / 20%/ 30% / 40% / 50%. ReAssure 3.0 by Niva Bupa transforms health insurance with no copayment choices, boundless coverage, and health-promoting incentives. This plan equips you to face healthcare challenges confidently.

People Also Ask

What is the ReAssure Forever Benefit?

It offers unlimited reinstatement of the base sum insured in the same policy year, even for the same illness, starting from the first claim.

How does the Booster+ work?

It adds the unutilised Base Sum Insured carries forward to the following policy year up to 10x.

Can I get discounts on premiums?

Yes, through Live Healthy, you can earn up to a 30% renewal discount by tracking your steps. The Tiered Network add-on provides a 15% discount with network usage.

Is there coverage for modern treatments?

Yes, the coverage for modern treatments is Unlimited. Only in the limited sum insured for variants such as Classic & Select - Covered up to INR 1 lac for each complete claim amount.

Are there waiting periods for pre-existing diseases?

Standard period of 1-3 years apply for pre-existing diseases, but ReAssure 3.0 Day 1 PED cover allows immediate protection with additional loading.

What wellness benefits are included?

Annual health check-ups from day one, Live Healthy discounts, and concierge services for priority support.