4. Zone-Based Premium Scheme
It’s true that healthcare expenses in metropolitan cities are much higher than those in smaller towns. In spite of the fact, those residing in relatively smaller towns are forced to pay the same amount of premiums like metro-dwellers. To correct this variance, institutions like New India Assurance, L&T General and Bharti-Axa have come up with schemes which will have premiums according to zones. In this type of scheme, residents of smaller towns will be offered the choice of paying lower premiums. However, if they want to have treatment at a hospital in a metropolitan city, they will be restricted for their pre-decided proportion of the claim before the company provides the sum.
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