Top reasons to get your health insurance online immediately
In our day-to-day life, we are so busy that we hardly get the time to do some cardio or lift weights to stay fit and healthy. It is a sad reality that has become a part of our lives. In such scenarios, there is always a chance of falling sick that may require expensive treatment. There is always a probability of someone close to us at the mercy of a chronic condition that needs long-term treatment. The good news is now we have health insurance to cover the medical cost of treating a sick person.
In today’s world, health insurance is nothing less than a saviour which does not put a family under financial stress due to medical treatment. One can pay a trivial amount to the insurer and get a cover under an all-inclusive health insurance plan. It is the ideal way to prevent sudden financial shocks because of medical expenses. In other words, health insurance can be referred to as a protective cover that ensures both savings and healthcare that allows families to live a healthy and tension-free life.
How getting health insurance online can keep you and your family safe?
- You don’t have sufficient savings for healthcare needs
- Healthcare expenses are increasing every day
- Healthcare costs involve a lot of things
You don’t have sufficient savings for healthcare needs
There is hardly anybody in the world who would like to compromise when it comes to medical treatment. We all want to provide the best healthcare when someone close to us falls sick and it is possible by putting them in the best healthcare facility in the city. On the other hand, everything best comes with a high price tag. In that case, if you do not have enough savings then it will be hard to get quality treatment in a hospital.
It is needless to say that many people face tough situations when they cannot afford medical expenses for the treatment of their loved ones. Sometimes they empty their entire savings and others fall into huge debts. To avoid such circumstances, the wise thing to do is get health insurance online that will secure your finances and health simultaneously.
Healthcare expenses are increasing every day
We cannot deny the fact that healthcare costs are rising every day. The rate at which the cost of different medical tests, medicines and related healthcare needs are increasing makes it more important to get health insurance as soon as possible. In India, it is expected that if this rise in medical expenses continues then it will become double the inflation rate.
Furthermore, cancer and other diseases of the circulatory system happen to be the top two claims reported by most insurers and next to it are gastrointestinal disease and respiratory conditions. Those who have fixed benefit health insurance cover will have the capacity to effectively manage the expenses of life-threatening illnesses, such as cancer and conditions related to the heart.
Healthcare costs involve a lot of expenses
It is not just the treatment at the healthcare facility, but there are many more medical expenses that you won’t be able to guess unless you are in that situation. Moreover, the doctor fees, medical check-ups, and medicines often account for the maximum part than the actual hospitalization costs. At the same time, there are diagnostic tests, post-operative care costs like having a medical attendant at home which can be very expensive.
To efficiently manage such medical expenses without any stress, a health insurance plan is the best solution as it covers a lot of ailments and surgeries. Nonetheless, fixed benefit health insurance plans offer funds without asking for detailed information regarding all facets of medical treatment. It is given upfront to the policyholder after submitting the first diagnosis report.
Advantages of health insurance
- Cashless Treatment
- Covers Pre & Post Hospitalization Costs
- No Claim Bonus (NCB)
- Lifelong Renewability
- Free Health Check-Ups
Cashless Treatment
In contemporary times, cash is something that we don’t have all the time. That is why cashless health insurance has become popular nowadays. In case of hospitalization, if the sick person is covered under a health insurance plan that offers cashless treatment, you don’t have to worry regarding the expenses as the insurance company will take care of all the medical bills via the cashless scheme on your behalf.
Covers Pre & Post Hospitalization Costs
A great advantage of health insurance is that it covers all costs before the patient is admitted and after the patient is released from the hospital to a particular period based on the terms and conditions of the policy. It is a great way to save a lot of expenses that go on the pre and post-hospitalization treatments.
No Claim Bonus (NCB)
No Claim Bonus or NCB refers to a specific amount of discount which you will get for not filing any claim during the policy term. Such a discount is applicable on the premium during the time of the health insurance renewal.
Lifelong Renewability
It is a great benefit and also one of the factors which should be checked when choosing the ideal health insurance plan. Lifelong renewability is a great advantage especially for the medical treatments in the retired age. In the current times, most health insurance companies have begun providing lifetime renewable facilities in their health plans. On the other hand, the lifelong renewability option is only valid if there is no break in the health policy.
Free Health Check-Ups
Another amazing advantage of having a health insurance plan is the free health check-ups which allow a policyholder to lead a healthy life. Even though the free health check-up is offered once in a while, it depends on the type of plan selected by the policyholder.
On a concluding note, health insurance plans come with numerous choices and benefits. As the needs and choices vary from one person to another, health insurance plans are also available with several options. However, it is advised to do proper research before choosing a health insurance policy offered by a company. Make sure to check the reviews, policies, and facilities before buying any plan.
Subir Mukherjee
Managing Director of GIBL
