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Should I Get Health Insurance as a CGHS Beneficiary in Bangalore?

Milind

Milind Vadjikar  |587 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 06, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
vengadesh Question by vengadesh on Nov 06, 2024Hindi
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Sir. i am working in govt sector, i am eligible for CGHS medical scheme. I want to take health insurance, i am living in bangalore, i am a senior group A officer. is there a need of health insurance if yes which plan i should take, how much amount the policy should cater.. Please give suggestion thinking my CGHS benefits..

Ans: Hello;

What is your current entitlement under CGHS scheme based on your grade/seniority?

Based on your feedback we can provide you optimal suggestions.

Best wishes;
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |6978 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 23, 2024

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I am 32 years old male, working in a government organisation (institute). Where i get free health check-up, medicines and consultation in our institute dispensary. If anything they cannot cure then dispensary will give referral to other hospitals in the city (expenses borne by our organisation) for health related issues and get treatment at CGHS rates for all health issues. After retirement i will get a CGHS card if we go to other hospitals without referral still I will get reimbursement at CGHS rates. Now please suggest me whether I should buy a health insurance apart from this? I already have a HDFC ergo optima restore for 5 lakh sum assured to cover my family (wife, child and myself) which i did not use so far in 4 years and feel it's waste. Yearly I pay 24k for this hdfc health insurance. Please clarify. It's premium is increasing @10% every year.
Ans: Given your existing health benefits from your government organisation and the HDFC Ergo health insurance you already hold, adding another health insurance might seem redundant at this point. The CGHS benefits you'll receive post-retirement also offer substantial coverage. However, consider these factors:

Cost Analysis: Evaluate the total premium paid for the HDFC Ergo policy against the benefits received. If you find it's not cost-effective, reconsider its value.
Future Needs: As you age, healthcare costs tend to rise. With the HDFC Ergo premium increasing at 10% annually, assess if it remains affordable in the long run.
Coverage Gaps: Identify any specific healthcare needs or treatments not covered by your current policies. If there are significant gaps, you might consider supplemental insurance.
Savings Alternative: Instead of buying another policy, you could divert the premium amount to a separate health savings account or invest it for future medical expenses.
In conclusion, while your current coverage seems comprehensive, review its cost-effectiveness and your future healthcare needs. Balancing affordability with adequate coverage is key to making an informed decision.

..Read more

Ramalingam

Ramalingam Kalirajan  |6978 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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How much is it advisable to have a seperate health insurance apart from CGHS provided for government employee? Is it advisable to take one from outside to secure family members health or not required? I need to know about post retirement also. Will be CGHS card sufficient after post retirement?
Ans: Having a separate health insurance policy in addition to CGHS (Central Government Health Scheme) coverage can provide additional benefits and coverage options, especially for family members. While CGHS offers comprehensive healthcare coverage for government employees and their dependents, there are certain limitations and restrictions, such as restricted network hospitals and specific treatments covered.
Here are some points to consider regarding health insurance for government employees and post-retirement:
1. Coverage for Dependents: CGHS typically covers the employee and dependent family members. However, having a separate health insurance policy can offer additional coverage options for family members, including parents, spouse, and children.
2. Wider Coverage and Flexibility: A standalone health insurance policy from an insurance provider offers a wider range of coverage options, including pre-existing conditions, critical illnesses, and outpatient expenses. It also provides flexibility in choosing hospitals and medical facilities.
3. Post-Retirement Coverage: CGHS coverage continues post-retirement for pensioners who opt for it. However, having a separate health insurance policy can provide additional coverage options and flexibility, especially as healthcare needs may evolve with age.
4. Comprehensive Protection: While CGHS provides comprehensive coverage, having an additional health insurance policy ensures comprehensive protection against medical expenses, ensuring peace of mind for you and your family.
In summary, while CGHS coverage provides significant benefits for government employees and pensioners, having a separate health insurance policy can offer additional coverage options, flexibility, and peace of mind, especially for family members. It's advisable to assess your healthcare needs, family composition, and budget to determine the most suitable health insurance coverage for you and your family.
Best Regards, K. Ramalingam, MBA, CFP, Chief Financial Planner, www.holisticinvestment.in

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Kanchan

Kanchan Rai  |391 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 06, 2024

Asked by Anonymous - Nov 05, 2024Hindi
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Hi, I am in a interfaith relationship since 6+ years and I have the sweetest and most well mannered and caring guy as my boyfriend. I was born as a Hindu and he’s been adopted in a Muslim family. Though we both are agnostic and religion barely made any difference or issues in between us. My family knows about us since the last 2 years and his family has accepted us and is willing to talk to my family. Whereas, my father was initially understanding and willing to talk but now he has turned totally against this relationship after my mother,brother and other relatives have influenced them. They have asked me to choose between them and my love. I told them that by doing this they’ve left me no choice but to die, in which they taunted me asking in which ritual my body will be cremated-the hindu way or the Muslim. I am mentally and emotionally broken and cant seem to think straight. It feels like i am being dragged into a blackhole and cant really come out of it. What should i do?
Ans: give yourself permission to focus on your mental and emotional well-being. It can be incredibly helpful to talk to a counselor or therapist who can give you a safe space to work through the overwhelming emotions you’re feeling. These conversations could give you clarity and strength to make decisions that prioritize your happiness and peace.

At some point, it may be worth approaching your family again, but with a different mindset—one that isn’t trying to change their beliefs but instead focuses on helping them see your happiness as a priority. You could try to appeal to them on the basis of your well-being, asking them to look beyond religious labels to see the person who loves and cares for you. They may need time, and they may resist, but sometimes families gradually come to understand that happiness in a relationship matters more than anything else.

In the meantime, lean on your boyfriend for support, and let him know how much you’re struggling. If he’s as caring and understanding as you’ve described, he’ll stand by you through this and will want to help you feel less alone. Whatever you decide, make sure it’s a choice you feel aligns with your own sense of self and future. The love you feel is real, and though this journey is incredibly hard, there is a path forward—even if it doesn’t feel clear right now.

...Read more

Kanchan

Kanchan Rai  |391 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 06, 2024

Asked by Anonymous - Oct 12, 2024
Relationship
This will be kind of a long story... I've been in a relationship for over 4 years now and I really love spending time with my girlfriend and I never cheated on her...like she is the one, but as time goes I seem to have a different opinion of what I want in life...for she doesn't want kids and I do and sometimes that's a reason for discussion but not over-escalating it just ends there...lately we don't even have sex like about 2 months now...she fell ill for some time and now she is ok we barely get to go out. So I started this new job on some kind of high position within the company like a month ago and we had an after-office time, there was this girl there that is in another department...didn't really called my attention in there, we sat in a table and started talking and drinking, in one of the things we talked I spoke about my current relationship (everyone did) and even metioned the I want kids problem. The party was over finished in that place and we hit a club. In there of course booze was up and this girl just started dancing all sexy on me and I was like oookay then...well of course alcohol gets the best or worst of us so I started dancing with her and In one of those moments we were sooo close and I yes...I tried to kiss her...she just laughed and avoided in the first time but then...we were kissing and touching just too passionaly that having the clothes on was really annoying ..well I was really drunk, problem for me was about our other colleagues...will they report this...will she tell? (this can really go against me as I am new in the company) will others tell (because everyone saw us) I didn't wrote her later because I was too damn embarrassed, in the next week I was like so nervous at the job and when we cross paths we just say hi in a normal way and this just brings thoughts to my head of guilt and embarrassement but NOT REGRETTING thoughts... this no regret thing is driving me crazy...I see her and start looking at her in a different way, like I pay attention to the way she dress, the way she has her hair, she walks and I said to myself...WTF IS HAPPENING am I falling gor this girl? So I wrote her and wanted to clear up some things...if she told someone (but it was more line an excuse just to talk to her about what happened and try to know what she felt), but she justs...DOESN'T HAVE IDEA WHAT I AM TALKING ABOUT...really? And as you can imagine we didn't get to talk about this and honestly in my head I get lot of mixed ideas about this reaction of her...like the things I said before anything happened...like my relationship thing or she is just applying some sort of strategy or It was just one night rush and FULL of regrets now... but c'mon we see each other everyday. I KNOW I did bad for cheating on my girlfriend but the emotion there is absolutely gone and the thing with this girl...well when we talked in the bar I spoke of wanting to have kids and everything maybe she also wants it? Did she took all the first interaction and I was really being attractive there? Well what should I do? I am not writting her anymore to push her to talk...her reaction of ignoring what happened gives me the right sign to stop it there I want her really bad and I'm about to give up my relationship in these days...
Ans: Given how strong the chemistry was with this colleague, it’s understandable that her recent dismissal of the incident feels confusing. There’s a chance that for her, it was an impulsive, one-time event—something she might not want to pursue further for her own reasons. Her behavior could be a signal that, despite the attraction, she wants to keep things professional, possibly feeling it would complicate both of your lives to acknowledge what happened. This can feel conflicting, especially since the experience brought out emotions you might not have felt in a while.

The real question here is what these events are showing you about your current relationship. The excitement and interest you felt for someone new suggest that you may be craving a deeper connection or more alignment with a partner on important life issues. Before you make any big decisions, I’d recommend having an open, honest conversation with your girlfriend about where you both see yourselves in the future. Discuss how each of you views things like children, intimacy, and growth in the relationship. Sharing your thoughts might bring out clarity on whether you’re both on the same path or if it’s time to consider parting ways.

Remember, whatever happens with this colleague, there’s value in addressing the core issues in your relationship first. Taking time to be clear about what you want in a partnership—whether it’s more shared goals, connection, or family—can help you find fulfillment in the long run, whether it’s with your current partner or someone new.

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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