Insurance Coverage at Madhavbaug

Health Insurance & AYUSH Coverage — get world-class, non-surgical chronic disease treatments with cashless and reimbursement benefits from India's leading insurance providers.

Insurance & Financial Assistance

Is Ayurvedic Treatment Covered by Health Insurance?

Yes, absolutely. By law, the Insurance Regulatory and Development Authority of India (IRDAI) requires all health insurance companies to cover AYUSH (Ayurveda, Yoga, Unani, Siddha, and Homoeopathy) treatments just like they cover regular allopathic (English) medicines and surgeries. This means you do not have to worry about hidden limits anymore; you may use your policy's full sum insured value to cover your Ayurvedic hospital treatments, depending also on the terms of your specific insurance plan.

Consult a Madhavbaug expert

Our Approach

Why Madhavbaug Qualifies for Insurance Claims

To claim insurance for any Ayurvedic treatment, the government requires that the hospital meet strict medical standards. Madhavbaug fully meets every requirement. Our hospitals are proudly NABH-accredited (the highest government-recognised quality badge for Indian healthcare) and staffed 24/7 by qualified, MD-level doctors and trained nursing and support staff. Because we use scientifically proven methods and maintain highly detailed medical files, bills, and discharge papers, insurance companies partner with us for Madhavbaug treatments to provide smooth cashless or reimbursement claims.

Partners

Our Health Insurance & TPA Partners

Avail cashless or reimbursement benefits for your treatment through leading health insurance providers (AYUSH coverage applicable at Madhavbaug).

Insurance & TPAs accepted at Madhavbaug Vadodara

Third-Party Administrators

Medi Assist Healthcare Services Limited
MDIndia Healthcare Services (TPA) Pvt. Ltd.
Paramount Health Services & Insurance TPA Pvt. Ltd.
Ericson Insurance TPA Pvt Ltd
HealthIndia Insurance TPA Services Pvt. Ltd.
Family Health Plan Insurance TPA Limited
Volo Health Insurance TPA
Link-K Insurance TPA Private Limited
Heritage Health Insurance TPA

Cashless vs. Reimbursement

How to Claim Insurance for Your Treatment at Madhavbaug?

Option 1

Cashless Claims

We bill your insurance directly

How it works

If your insurance company is partnered with our hospital branch, our on-site team handles all the paperwork for you. Your insurance provider settles the bill directly with us, so you don't have to pay out of pocket. Please note that certain items are non-payable, check with your insurance company beforehand.

Important Requirement

Cashless approvals depend on policy terms and conditions, and admission depends on the doctors advise after examining the patient, which are processed inside a standard 3-hour window after registration. Please share your health insurance policy copy with our helpdesk at the time of planned check-in to ensure a smooth pre-authorisation processing flow.

Option 2

Reimbursement Claims

You pay now and your insurance reimburses you later

How it works

If our hospital branch is not on your insurance company's direct network list, you simply pay for your treatment bills yourself during your stay, which are later paid back to you by your insurance company on submission of all the relevant documents and bills along with the discharge summary.

The Refund Process

When you are discharged, we will hand you a complete, organised medical file. This includes your doctor's prescriptions, detailed bills, receipts, and a discharge summary. All payments must be cleared before check-out. You just submit this file to your insurance company, and they will reimburse your money directly to your bank account.