June 2018 Posts

Is Maternity Covered By Your Health Insurance Plan?

If something can be rendered as the best feeling of the world, then it is the feeling of motherhood. But welcoming a new member of the family comes with a lot of responsibilities, not to mention the need for medical aid. In order to have all the medical treatment done for maternity covered in the best possible manner, you need to have a complete medical attention and that is the reason why you need to have a maternity insurance. This is the type of insurance that covers the cost of pre natal, post natal and childbirth costs.

Why do you need to take a maternity insurance along with your health insurance plans?

In some cases, it has been seen that childbirth comes with a lot of side effects for the mother and it can bring out future ailments of the body as well. If you have already taken a health insurance cover, then your future medical expenses Nowadays medical science is so developed that the expenses have already soared up to a great extent. If you want to have better facilities for the would- be mother, then you have to take up the maternity plan in the medical health insurance policy,  and now we are going to list the number of benefits that you will be able to avail.

  • Firstly, there will not be any kind of imposed restrictions as far as rent, doctor fees and medicine costs are concerned.
  • There is no restriction of entry age.
  • The new baby born is given a cover and it is accompanied by the maternity benefit as well.
  • There are consecutive free health check-ups and renewability of a lifetime.
  • There are over 6000 network hospitals where you can get cashless direct payment without any co-pay.
  • You can save taxes up to INR 60,000 under the section 80D of the Income Tax Act.

Indifferent of whether the delivery is being done in normal or c-section, we cover the hospitalization entirely. But do remember that if you are taking medical health insurance policy with maternity cover, then there will be a maternity cover after a waiting period of two to four years.

Should you opt for a specific plan for maternity?

If you want to, you can have a plan which is specific to maternity but then it is always a better option to have a better and wider insurance plan- because you can get an added sector of benefits. Maternity occurs only once or twice in a lifetime but when it comes to other physical ailments, there can be many-and that too without any intimation. It is always an advisable job for you to go for the entire package for health insurance so that no matter what mishap happens, you can always be prepared for the same. It is important to understand that no indifferent of the kind of insurance that you are opting for- be it medical insurance products or general insurance products, you should be knowledgeable to choose nothing but the best of the lot.

Consumer Power and Research Worthiness Needs to Be Recognized for Brand Success

Digital era has empowered customers way of choosing or attitude towards specific products and services. Before the internet era, consumers were dependent on local products and services. Information about a specific product or services was gathered from word-of-mouth, sales person, or media.

Today, with internet customers not just buy products from anywhere in the world as well as gather information about an organization from different online sources. Customer reviews can be read on forums, social network, and relevant blogs about a brand they purchased. It gives an idea on which companies to avoid, while determining to buy.

Voice of another customer influences buyer in the same way as word-of-mouth. So, business having customer’s opinion and judgment on their side gain an edge over the ones who ignore customer research.

Customers act as brand ambassador in this digital era. Besides spreading brand awareness there are many other things of high value to be considered. Customer research helps business to gain an insight of consumer attitude and outlook regarding their brands.

Why customer research?

Visit http://blueyonder.agency/research/shopper to gain a clear understanding of how shopper’s research works. Below are some reasons businesses need to care about customer’s insight about them.

Consumers help to make business success possible

Business balance sheet includes stock prices, physical & liquid assets, market share and more, which are the consequence of consumers spending cash on your product. Customers make your profit possible allowing a profitable statement presented before stakeholders. Therefore, getting to know how consumers review your product will give an idea to enhance the quantity of units sold.

Consumers help to stay ahead of the curve

You get an idea of what consumer needs are not satisfied by competitors and supplying these helps to gain an edge over competition. You get an opportunity to magnify product range and build a solid competitive position. Gaining an insight of consumer’s lifestyle and their expectations can help to reveal a plethora of great ideas to be applied in your new products.

Consumer’s involvement keeps NPD on right track

New product development [NPD] can be kept on right track including features which they seek for. Product development team are creative but designing products that consumers don’t need or find complicated to adopt is a waste of money and time. The NPD success is measured in terms of the performance of the product in the market.

Gain an edge on your consumers

Market, economy, and consumer needs are vibrant entities. It is crucial to monitor the pulse to spot dissatisfaction signs early and modify it before they extend amongst majority of consumers. To avoid such hassle, create a customer panel, where you can listen to their issues or what is crucial to them. Their needs change often and with early spotting, you can start corrective measures to avoid a huge damage.

Businesses are getting to know the power consumers have on their bottom line as well as the value market research fetches for them. The insights, wisdom and knowledge can be analyzed to create a better strategy, which enriches consumer experience.