Let us list out some essential features of health insurance plans for you:
These are just a few plans to name; there is a plan variety available as per your need. So throw out that excuse that there is no health insurance plan that can solve my needs.
- Cashless Claims: Gone are the days when you would have to deposit money before getting admitted into a hospital to get your treatment started. Now you can get treated without paying a single rupee from your pocket and get back home all healthy and hearty; how? Thanks to Cashless Claims Facility.
Health Insurance Companies are offering this significant feature with almost all of their health plans. Through this feature, you can get treated at a Network Hospitals, and the insurance company settles your bill with the hospital on your behalf.
All you have to do is,
- Present your health card and fill the Cashless Claim form at the network hospital
- Receive approval from the insurance company
- Get admitted and undergo treatment
The health insurance company will settle your bill. In case of emergency hospitalization, you can do the paperwork within 48 hours of getting hospitalized.
- No Claim Bonus - Who does not want to stay healthy and avoid visits to the doctor and hospital? Well, everybody wants that, and trust even your health insurance company wants you to stay healthy. To motivate you to avoid making claims, health insurance companies offer a No Claim Bonus to their customers.
Under No Claim Bonus, when you finish a policy year without making a claim, the sum insured in the next policy year increases by a fixed percentage, say 5%, or 10% at the same premium. Now isn't this great; you get a large cover at the same cost.
Wellness Benefit - Are you an active person? Do you go for regular workouts like walking, jogging, gym workout session? If not, then dust off those sports shoes and put them on because staying fit can never be this rewarding. Your health insurance plan offers you various wellness benefits like Gym Membership, Health Points that you can encash for Medical Check-ups, or even pay your premium from the accumulated health points.
Pre and Post Hospitalization - When a medical emergency strikes us, there are many expenses over and above hospitalization costs. There are many tests and reports that one has to undergo before the surgery or actual treatment starts. Such expenses are called pre-hospitalization expenses.
Also, getting discharged from the hospital does not mean that you are now completely healed. There are any tests, reports, follow-up treatments that you must undergo after getting discharged. Such expenses are called Post-Hospitalization.
Health insurance plans cover both Pre and Post-Hospitalization expenses. Generally, all health insurance plans cover 30 days of pre-hospitalization expenses and 60 days of post-hospitalization expenses. However, many health insurance plans offer up to 60 days of pre-hospitalization and 90 days of post-hospitalization expenses cover.
- Alternate Treatment- Not everyone is comfortable with Allopathic treatments. Many still believe that fighting disease at its root cause and eliminating it from source is the best way of getting rid of it, even if it is time-consuming. Such is the practice of Alternate Treatment methods, i.e., Ayurveda, Yoga, Unani, Siddha, and Homeopathy in short AYUSH.
Today's health insurance plans also provide cover for Alternative treatment methods, i.e., AYUSH, which is more useful for senior citizens who are more worried about the side effects of the medicine they consume.
- Day Care and OPD Expenses - Today, medical technology has taken a giant leap; treatments that needed hospitalization are now completed within hours, enabling the patients to go home the same day. Treatments such as dialysis, chemotherapy, eye surgery, and so on are completed just within a few hours. This list goes beyond 150+ treatments, which are now covered under a health insurance plan.
Many of us have never been admitted to a hospital for lengthy treatments, but we do visit a doctor for OPD consultation.
Though this may look like a small thing, OPD consultation fees are also rising; today, a general physician's OPD Consultation Fees falls in the range of Rs. 500 to 1000. Now imagine what a specialist would charge you.
Today health insurance plans also cover your OPD expenses. Thus, offering all-round protection in all scenarios.
