'AB Arogyadaan' - is a New Health Insurance Scheme Initiated by Andhra Bank

Andhra Bank has launched a new health insurance scheme - AB Arogyadaan. This will provide improved health services to their customers, which can take care of the entire family of the account holder.

Mr.D Surendra Rao who is the Deputy General Manager of the bank said that this plan would offer lower premium rates for maximum coverage - for medical facilities up to Rs. 20 lakh.

He also stated that this plan had additional benefits. This plan could cover a family of four, which included the account holder, his spouse and 2 dependent children. The account holder could claim 80D for relief from income tax on premiums paid.

The plan also offered cashless facility in 860 hospitals which included - the Nalluri Hospital, Venkatramana Hospital and the Sunderraja Nursing Home in Ongole.

References:

Ankit Sharma, June 2014

Hannah Punitha (IRDA Licence Number: 2710062)

Source: Medindia