It is a well accepted fact that prevention is better than cure and the saying that a stitch is time saves nine is applicable in every situation. Similar is the case of a preventive health care plan. It ensures that the common man has access to the periodic check-ups to ensure that they are safe. Also this enables early detection of diseases, if any
Health Insurance vs Preventive health Care Plan
| Health Insurance | Preventive health care plan |
| Pre existing diseases are excluded for a certain period | There is no such exemption |
| There is an age limit to avail it | No such age limit |
| Premiums increases with age | Premium is same for all ages |
| Premium is costly | The annual membership fee is quite low |
| Radiology and pathology expenses are excluded | They are included |
| The claim process requires lot of formalities | The services can be easily availed |
The plan can be easily availed by paying an annual membership fee. One is issued a membership card. When one wants to avail the services, one may talk to his representative who directs him to a doctor, who in turn prescribes you the necessary diagnostic tests.
One can also avail tax exemption under section 80D of Income Tax act, by availing this.
Recommended Read :
- How to Get Health Insurance for The Aged?
- How to Select a Health Insurance Plan?
- Individual vs Family Floater Health Insurance
- Selecting Your Health Insurance Provider
- What Exactly is Lifetime Renewal of Health Insurance?
- Cashless Hospitalisation - Not Always Cashless
- How to Change Health Insurance Provider?
- How to Escalate If Your Health Claims Gets Rejected?
- Portable Health Insurance - Avoid Claim Rejections
- Portable Health Insurance Risks Involved
- Reimbursement vs Cashless
- What is Cashless Hospitalization?
- Types of Health Insurance
- Health Insurance for Women Maternity Coverage
- What is Day Care Hospitalization Health Insurance?
- Common Pre Existing Diseases Health Insurance
- Role of TPA in Health Insurance
- Pre and Post Hospitalization Health Insurance
- Possible Reasons for Health Insurance Claim Rejection
- Quick Health Insurance Policy - Beware
- What is Network Hospital for Health Insurance?
- What is Planned Hospitalisation?
- Emergency Hospitalisation
- Critical Illness Policy
- Preventive Health Care Plan
- Group Health Insurance Plan
- Indemnity Based Health Plans
- What is An OPD Cover Health Insurance?
- Myths On Health Insurance
Preventive health care plan takes care of you, and also saves money for the insurance agency. Small checkups and procedures are of smaller cost to insurance agencies than bigger ones that happen for chronic health conditions that have just been detected.
It makes good financial sense to get one of these plans, but does it cover emergencies or do you have to get another insurance plan for that?