Medical Expenses

What it means, and what it does to a claim.

Costs you actually and necessarily incurred for treatment on a doctor advice. They are capped twice over: at what you would have paid uninsured, and at what other hospitals nearby charge for the same treatment.

Why it matters

Those two caps are the "reasonable and customary" test, and they are how an approved claim still comes back short. If a hospital charges above the local going rate, or prices differently for insured patients, the insurer can pay the customary amount and leave you the difference. It is worth asking a hospital for its cash rate as well as its insurance rate before a planned admission.

The legal definition

Disclaimer: Figures shown here are compiled from IRDAI annual reports and public grievance disclosures, and from insurer public disclosures and policy wordings. Claim settlement ratios and complaint volumes are three-year averages for FY 2024–26. Premiums are indicative illustrations for the stated profile, not quotes — your actual premium depends on your age, health, city, habits and underwriting. Scores are Myinsurancebro's own assessment. Always read the official policy document and speak to an advisor before buying. Myinsurancebro is an IRDAI-licensed insurance advisor — we do not manufacture or underwrite any insurance product.