A primary benefit of health insurance plan is that it provides coverage for various healthcare facilities. It can include regular check-up visits to the hospital as well as major surgeries. Key benefit is off its cashless treatment feature and receive proper healthcare without worrying of cost.
Modern treatment requires you to get hospitalised for lesser time, in such cases health insurance include coverage of day care hospitalisation which need less than 24 hours procedure.
Insurer can get treatment form other recognised practises like Ayurveda homeopathic and unani.
Reimburse ambulance charges
In emergency you can hire ambulance from your pocket and get reimbursement up to 3000/-
Health insurance policy also offer tax benefits under relevant section of income tax act.
APART FROM BASIC HEALTHCARE EXPANCES HEALTH INSURANCE ALSO COVRES CRITICAL ILLNESS LIKE CANCER KIDNEY DESIASES BY ADDING RIDDERS ON IT WITH EXTRA COST
Once you buy a health insurance plan, certain illnesses do not automatically become a part of this insurance coverage. This is mainly true for certain existing illnesses. They become eligible to be covered only after a waiting periods. This waiting period, however, can be different for different health insurance plans. Thus, do check on the waiting period as it can range from a few months, to even years depending upon the policy. A shorter waiting period will provide you with the right coverage instantly.
Policy coverage is an important point and is becomes important that you take right sum assured. Choosing the amount which will ensure enough coverage without you having to dint into your savings. The maximum amount of expense you can incur which will be either reimbursed by the insurer or paid for directly to the hospital
Always look for the list of hospitals open for cashless treatment when you buy health insurance. The tie-up hospital lists are available with Health Insurance Company.
If health insurance is not claimed in a precise year, the company pays you a no-claim bonus by offering a higher sum insured with no change in premium. One should study the no-claim bonus policy of the insurer while deciding on the health insurance plan.
Health insurance is a type of insurance that helps you cover the costs of medical and surgical expenses. It provides financial protection in case of unexpected health issues or accidents.
Health insurance ensures that you and your family are financially prepared for medical emergencies. It helps you avoid hefty hospital bills and provides access to quality healthcare without worrying about expenses.
When you have health insurance, you pay a premium (a regular amount) to the insurance company. In return, the insurance company covers a portion or all of your medical expenses, depending on your policy, when you need medical treatment.
Health insurance typically covers hospitalisation expenses, doctor's fees, medical tests, surgeries, and sometimes even medicines. Some policies also cover pre and post-hospitalization expenses, ambulance charges, and more.
Yes, you can! Many health insurance plans offer family floater options. This means you can cover your spouse, children, and sometimes even your parents under a single policy.
Yes, there are various types of health insurance plans to suit different needs. These include individual health insurance, family floater plans, senior citizen health insurance, critical illness plans, and more.
Cashless health insurance allows you to get medical treatment at network hospitals without paying upfront. The insurance company settles the bill directly with the hospital, saving you the hassle of arranging finances during emergencies.
To choose the right plan, consider factors like your family size, age, medical history, coverage needs, budget, and the reputation of the insurance provider case settlement ratio. Compare different plans and read the policy details carefully before deciding.
Yes, under Section 80D of the Income Tax Act, you can claim tax deductions on the premium paid for health insurance. This helps in reducing your taxable income and saving on taxes.
In case of hospitalisation or medical expenses, inform your insurance provider as soon as possible. Fill out the claim form, attach the required documents like medical bills, prescriptions, and reports, and submit them to the insurer. The process may vary, so it's good to follow the instructions provided by your insurer.
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