Atlas Insurance brokers can help in reducing your health premium, contact us

As per a circular issued under the preventive and wellness feature of health insurance by the Insurance Regulatory and Development Authority of India (IRDAI), it is mandatory for all general as well as specialized health insurers to offer incentives to customers eligible for the reward points.

Health insurance wellness programs are activities designed to help you improve your health. Usually, insurers (for example, ACKO) reward consistent participation in these activities with attractive rewards. Wellness programs typically include yoga classes, gym membership, sports club membership, etc. In health insurance, wellness programs are sometimes also referred to as wellness benefits.

How does a health insurance wellness program work?

Health insurance wellness programs work on a participation and reward basis. So, if you take part in a wellness program, you may receive the applicable reward points for the same.

You can use these points to avail of discounts and other benefits.

Here’s an example highlighting the working of one of several ACKO Group Medical Cover’s wellness features.

Step 1: Sync your fitness tracking device with ACKO’s mobile application.

Step 2: Complete fitness challenges mentioned in the app and earn ACKO coins.

Step 3: Once you earn a certain amount of coins, you can exchange them for curated rewards.

Benefits of opting for Health Insurance Wellness Programs

Here are the benefits usually offered by insurers for participation in wellness programs. Please contact your insurer for a specific list.

• Discounts on medical consultations, treatments and health check-ups.
• Second opinion from a network hospital when diagnosed with a health condition.
• Redeemable vouchers for membership in gymnasiums, yoga centres, sports clubs and fitness centres.
• Discounts on the policy premium or increase in the sum assured during policy renewal.
• If you earn more than one reward, you will get to decide which one to utilise according to your needs.