Now, it seems easy to choose a life partner when compared to find a school for your child, or choosing a car or a Health Plan for the family. Regarding School, reviews can help and one can check for themselves, and about a car, the latest automobile news is more than adequate.
But what about a Health Plan that takes care of the medical expenses?
Every health insurance provider offers a wide range of inclusions, but only to lure the customer in taking up the plan. Once we have opted for the plan, the terms and conditions start taking away the freedom of what we might have expected with a Health Insurance Plan. Following are the major objectives to be looked into while choosing an appropriate health plan.
Family Floater and Individual Plans
These can be termed as the basic health plans a family / individual should possess. These would be covering the most common health issues and offers features ranging from Free Checkups to successful claims of total sum insured.
Employee / Group Health Plan
In the corporate world, few companies offer the employee or group health plan for the staff or employee working for them. These include cashless hospitalization across wide hospital networks. This should be considered as addition to the basic Family and Individual Floater plan, but not as a substitute.
Additional Covers
These might come in handy for people who are being treated with critical illness and can avail surgical benefits. These can be bought at the appropriate time to further improve the health cover.
Specialized Covers
The specialized covers are usually targeted at people who are suffering from long - term ailments like diabetes, cancer and tumor. Even though these policies require a high premium, it is always advisable to take such covers especially going with a genetic ailment, thus increasing the odds of falling ill to the certain long - term ailments.
Supplemental Insurance
This acts as a salvation during the time of illness, where the income is absolute zero. These policies do tend to cover for the loss of income while the individual is in the hospital. Above all, a supplement insurance cover is always a healthy decision to opt for.
Apart from the above, the following inclusions should be taken care while opting for a Health Insurance from a given insurer:
- Choosing a well reputed Insurance company in terms of Client & Claim satisfaction
- Planning it according to future needs
- Choosing the type of health insurance.
- Choose the right amount as “sum assured”
- Check the hospital network and extent of cashless hospitalization
- Understanding the premium calculation process
- Comparing and checking the flexibility of the policy
- Check if the company offers no - claim bonus or discount
- Whether cover is offered for Surgeries and Specific Surgeries.
- Should be able to add Top - Up Plans
- Cover for Treatment Abroad and Restore Opinion
- Frequent Medical Check - Ups
- Wellness Campaign.