Diseases are increasing day by day due to increasing pollution, random lifestyle and packaged and adulterated foods. In spite of all precautions, people are falling ill and are spending a considerable amount of money in a round of doctors and hospitals. In such a situation, it is important that we get health insurance. However, getting a good health insurance is also quite sensible.
If you have life in you, you’ve the world with you. You must have heard this saying. And perhaps keeping this in mind, you may also be thinking of getting health insurance. Due to lifestyle changes, people are suffering from various diseases in today’s time. Health insurance is also in such a situation.. Since it is important to know some things before taking health insurance, in this article we are going to tell those things, which are important to know before taking health insurance.
It is important to take care of age while taking health insurance. The younger you buy the health policy, the more benefit you will get. While taking a policy at a young age reduces the premium, at the same time, most of the disease is covered. Before taking the policy, also check that cashless treatment is available in your nearest hospital. It is also important to see whether the policy has the facility of pre and post hospitalization. Also see that the policy you are taking, which diseases are covered and what is the waiting period for the pre-existing diseases.
Provision under exclusion
Like all, health insurance policies have certain exclusions and it is very important to understand what will be covered in the policy and what is not. Understanding the exclusions under the policy will make it clear to you what you can claim and not for. It is also important to see whether the policy you are taking has add-on facility or not. For example, hospital cash benefit, in-house treatment facility, ambulance fee, in-patient physiotherapy fee, support person’s expenses, etc.
Provision under inclusion
There are generally many types of provisions, which are based on the inclusion of the health insurance policy at the time of taking it. For example, in inpatient treatment, up to the amount of policy sum assured is covered by hospitalization due to illness. In pre-hospitalization, medical expenses incurred in the 60 days immediately before hospitalization are covered. Under post-hospitalization, there is a provision to cover the medical expenses incurred in the 60 days immediately after the hospitalization.
Day-care procedures cover about 141 listed day-care expenses that do not require 24-hour hospitalization due to technical advancement. Domiciliary treatment has a provision to cover the cost of treatment taken at home with the advice of a physician. Under the emergency ambulance, the maximum amount of up to 2 thousand rupees is given to spend on the ambulance in the emergency.
Nidhi Malviya is fun loving girl. She writes at NoobFeeds about various topics related to Finance, Technology, Business etc.