HOW TGO CHOOSE HEALTH INSURANCE?

HOW TO CHOOSE HEALTH INSURANCE? AND WHY BUY HEALTH INSURANCE?

According to the report of the Minister of Roads, Transport, Highways, and Civil Aviation in 71 of 2021 About 412332 accidents occur in our country every year which means 1130 accidents every day and 47 accidents every hour and 153972 people died and 384448 people were injured (HOW TO CHOOSE HEALTH INSURANCE?)

You may be wondering what I am telling you to do with all this. But you know how expensive the treatment of persons injured in these accidents will be and every one of these people has enough money for good treatment in a good hospital. Today, if you want to get excellent treatment in a good hospital, the expenses are very high and it is not possible for every person or family.

According to an estimate, 4 to 5.5 crore people are treated for common to serious diseases every year in our country. Due to the lack of treatment in government hospitals, people are forced to seek treatment in private hospitals.

Treatment bills in private hospitals are so high that sometimes the individual and the family have to lose their entire life savings. But sometimes you have to borrow so much that you can’t get it out of you for the rest of your life.

The solution to this is health insurance, so let us understand how to choose health insurance.

HOW TO CHOOSE HEALTH INSURANCE?

Today in our country asthma heart attack and kidney-related diseases are becoming common and the cost of treatment is also increasing every year. Treatment of such diseases requires a long hospital stay And financial problems arise.

That’s why health insurance is essential for every individual and every family as you can avoid huge hospital bills by paying a small premium. If health insurance is purchased, you can get treatment in a good hospital and the hospital bill is paid by the insurance company.

But the problem is that different companies sell different types of health insurance in the market. So how do we know which is the best health insurance plan for us?

TYPES OF HEALTH INSURANCE

There are two types of health insurance plans ( HOW TO CHOOSE HEALTH INSURANCE)
1: INDIVIDUAL HEALTH INSURANCE PLAN: An individual health insurance plan means that the insurance company covers only one person during his illness
2: FAMILY HEALTH INSURANCE PLAN: A family health insurance plan means that if any member of your family falls ill, the insurance company will bear the cost of your family member’s treatment. In a family insurance plan, the entire family members are covered by a single premium.

KEY POINT FOR HOW TO CHOOSE HEALTH INSURANCE?

1: COVER AMOUNT (HOW TO CHOOSE HEALTH INSURANCE? )

There is a maximum cover amount on a premium and only your hospital expenses cover is there. Suppose your health insurance maximum cover limit is Rs1500000 and your hospital bill is Rs1600000 then the insurance company will pay only Rs1500000 and Rs100000 you have to pay. In such a situation you can also increase your maximum limit by paying an extra premium.

You should choose a plane that offers more coverage at a lower premium as per your requirement

2: CO-PAYMENT

While taking health insurance, it is important to keep in mind that you are not buying a co-payment plan in the lure of a cheap plan somewhere. The company does not give you a 100% claim within the co-payment plan. Suppose you get a bill of Rs10,0000 and your co-payment is 15%, then you have to pay Rs15,000.

This means that it is important to ensure that your co-pay is zero while purchasing a health insurance plan.

3: SUB LIMIT :

Sub-limit means that in some health insurance policies, you have limited coverage for certain diseases. Suppose your health insurance has a maximum cover of Rs 100,0000 but you will only get a maximum of Rs 30,0000 for treatment of kidney disease.

Having limited coverage for fixed illness is not advisable, so you should choose a health insurance plan that does not have a sub-limit.

4: PRE HOSPITALIZATION

Pre-hospitalization means expenses incurred before admission to the hospital such as doctor consultation charges and cost of getting tests done as per doctor’s advice.

So one should choose a plane that takes such expenses into account

5: POST HOSPITALIZATION

Even after discharge from the hospital, the costs of medicines, some tests as per doctor’s advice, and doctor consultation fees continue to accrue here.

So one should choose a health insurance plan that covers such expenses

6: SINGLE DAY TREATMENT :

There are some illnesses that are expensive but require you to be hospitalized for a day And some health insurance plans do not cover you for single-day treatment.

So you need to keep this point in mind while buying a health insurance plan

7 : CASHLESS FACILITY

It is important to keep in mind while buying a plane that you get a cashless facility during hospitalization. And you don’t have to do a physical transaction and the insurance company deposits your bill directly into the hospital account.

8: HOSPITAL NETWORK

Choose a health insurance plan that the health insurance company has a maximum hospital network. And especially take care that there is a network hospital of the company in your nearest city

9: ROOM RENT LIMIT

Some health insurance plans have a room rent limit which is not advisable.

Suppose your health-insured plan max limit is Rs1000000 and room rent limit is 1% and your room rent is Rs12000 So you will get only Rs10000 from a health insurance company for room rent and additional Rs 2000 you have to pay.

10 NOT COVERED

Before buying a health insurance policy, you should make sure that certain diseases are not covered under the plan. Sometimes certain types of illnesses are not covered by certain health insurance plans, so it is necessary to check while booking the plan

HOW TO CHOOSE HEALTH INSURANCE? HOW TO CHOOSE HEALTH INSURANCE?

IMPORTANT FOR HOW TO CHOOSE HEALTH INSURANCE PLAN: If you have a pre-existing condition, disclosing it while purchasing a health insurance policy will not cause any problems while taking a claim
HOW TO CHOOSE HEALTH INSURANCE?
HOW TO CHOOSE HEALTH INSURANCE?

HOW TO CHOOSE HEALTH INSURANCE?

IMPORTANT LINKS
Ministry of Road Transport &Highways -Annual report β€˜Road accidents in India β€” 2021’CLICK HERE
OUR HOME PAGECLICK HERE
HOW TO CHOOSE HEALTH INSURANCE?

NOTE

We give all information in this post is correct but if any error will there, then we will not be responsible for it . Please visit the official website and Read the terms and conditions carefully before buying any policy.

HOW TO CHOOSE HEALTH INSURANCE? HOW TO CHOOSE HEALTH INSURANCE?

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