Health Insurance
“A Good health is always the best wealth for every body.”
“Prevention is always better than cure”
A Genuine & Best Place where you can Find out the best Health Insurance Plan for your Precious Health. Are you searching and looking for the best health insurance coverage ? Do you have any doubts or queries Related to how to buy health insurance & its benefits and at the same time comparing the best plans and its Coverage before purchasing it ? If yes then we at Policy Parivaar will give answers to all your queries related to it.
What is Health Insurance ?
- Health Insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalisation costs, cost of medicines or doctor consultation fees.
- Health Insurance is a contract between the Insurance company and an individual, where a person needs to pay an annual premium for the sum assured for the likely medical costs and all the hospitilazation.
- Health emergencies are never informed, but when it comes then it makes a person to spend lot of money on it. When you have Health Insurance cover you do not get worried as you can easily claim that with Health Insurance Plans.
Benefits of Health Insurance
- Health Insurance can take care of your medical expenses and ensure that out-of-pocket expenses are curtailed up to the sum insured.
- Health Insurance policy will ensure that you can avail cashless treatment at a network hospital or reimbursement claim at a Non network hospital.
- Health Insurance policy will ensure that you get treatment coverage covering 30 days and 60 days pre and post hospitalization respectively.
- Health Insurance coverage is also available for Senior Citizens which will ensure comprehensive security for Elderly Parents that often brings along several ailments that requires expensive medical treatment.
- Annual Premium paid for health coverage are subject to tax exemption u/s 80D of ITA,1961. Tax exemption ranges from Rs.25000/- to Rs.75000/-.
Major Benefits of Health Insurance
Cashless Facility
Each Health Insurance company ties up with a large number of hospitals to provide cashless Insurance facility. If you are admitted to any of the network hospitals, you would not have to pay the expenses from your pocket. In case the hospital is not part of the network, you will have to pay the hospital and Insurance company will reimburse the costs to you later.
Pre-hospitalisation expenses
In case you have incurred treatment costs for the ailment for which you later get admitted to a hospital, Insurance company will cover the expenses incurred 30 to 60 days before hospitalization.
Hospitalisation Expenses
Cost incurred if a policy holder is admitted to the hospital for more than 24 hours are covered by health insurance plan.
Post-hospitalisation expenses
Even after you are discharged from the hospital, you will incur costs during the recovery period. Most mediclaim policies will cover that expenses incurred 60 to 90 days after hospitalization.
Day care ProcedureExpenses
Due to advancement in technology some of the treatments no more require 24 hours of hospitalization, Your Health Insurance will cover that cost incurred for those treatments also.
Ambulance Cover
During the medical emergency, taking a patient from one place to the other can be costly, But with Health Insurance Plan you can easily cover all that expenditure.
Pre-existing Diseases Cover
Coverage for pre-existing diseases are provided to the policy holders after a certain waiting period.
Other Benefits of Health Insurance
- Some Insurance Policies have a facility of free health check-up for the well being of the individual if there is no claim made for certain number of years.
- If there is no claim made on the previous year, a benefit is passed on the policy holder either by reducing the premium or by increasing the sum assured by certain percentage in the current year.
- Super-top-up Health Plans are also available which will be a supplementary on the basic health insurance plan to get extra benefit.
HEALTH INSURANCE COVERAGE WILL BE A STRESS –FREE-OPTION ON YOUR HECTIC LIFE
Who cannot have the benefit from Health Insurance
- Not covered for any Cosmetic treatment
- The one who tries to commit suicide
- A person who is involved in adventurous sports activities.