By Saurav Dixit  May 01, 2024

Medical Inflammation is at its peak, and if you don’t have Health Insurance, you are putting yourself and your family at higher risk of financial damage. In this expensive era, when everything has become costly, an add-up cost does not make any sense. However, there are various misconceptions about insurance policies in general, which make people skeptical about getting one. Don’t worry “CoverYou” is here to help. This blog will provide you with 5 Important facts about Health Insurance, serving as a comprehensive guide to resolving all your queries regarding health insurance, that will help you decide, and buy a suitable plan for you and your family.

What is Health Insurance and, why you must have one?

Health Insurance provides an assurance and insures you with adequate compensation when your health condition deteriorates. In times like these, you need financial help and protection. This policy eases your burden of expenses of medical treatment or surgeries. We all know that medical emergencies are sudden and unforeseen, therefore having a precautionary major can prove to be a great help, especially in keeping your well-being in check. The saying, ‘Health is Wealth ‘fully captures the necessity of good health in our lives because what’s wealth without good health?

A good Health Insurance Policy will cover a wide range of medical expenses, from critical illness to hospitalization. A good insurance plan allows you to avail tax rebates and rewards or bonuses for a claim-free year.

Here are Five important facts About Health Insurance!

Identifying the policy according to your needs:

Health Insurance differs depending on the premium or coverage range according to a particular plan. Before purchasing one, you must identify your needs and preferences for premiums for the insurance plan and the coverage that you would want, it is important to consider your personal needs when choosing an insurance plan. Whether you are looking for an individual plan or one that can cover your whole family and additionally, the Budget constraints should be considered to check what type of premium can fit in your budget.

OPD charges:

OPD refers to general illness or first-step health check-ups, where you visit the doctors and get the prescribed medicines. However, that does not mean it’s cost-efficient. Several plans do not include this in their coverage, but you must ask your insurer to include this as OPD is not economical it costs a reasonable amount. You may have to visit the doctor 2-3 times and the recovery process can be long too. Therefore, always go for a plan with OPD in its coverage and don’t mind the top-up charges because, in the long run, it’s worth it.

Alternate Treatment:

There are other different medical fields that people choose for alternative treatments, such as Ayush, which includes Ayurveda, Yoga, Unani, Siddha, and Homeopathy. These alternate options are becoming more and more reliable but costly. In the case of Yoga which is very helpful for physical and mental health, the charges of Yoga instructors are well-known. Make sure you are buying a plan that offers you coverage on alternate treatment.

Added benefits:

Health insurance plans have been designed to cover you during a medical emergency. However, a good insurance plan will appreciate you by giving rewards or bonuses. Tax savings and claim-free year bonuses are basic benefits. There are several other benefits which include comprehensive care for policyholders. A good insurance policy includes wellness programs, telemedicine service provider remote consultations, prescription drug coverage assistance with cost, and many more. Before opting for a plan, ensure that the plan has all of these added benefits & make your decision accordingly.

Promotes healthy Lifestyle:

Living a healthy lifestyle has become way more challenging than ever before. But when you feel motivated or get different reasons, you push yourself an extra mile to opt for a healthy life. Some health insurance plans offer you rewards for maintaining a healthy life.This not only incentivizes healthy living but also helps in reducing healthcare costs in the long run. Additionally, some health insurance plans offer wellness programs that provide access to resources like nutritionists, fitness trainers, and mental health professionals, making it easier for you to maintain a healthy lifestyle.

Emergency Coverage:

Accidents and unforeseen health issues can arise at any time. Having health insurance that covers emergency situations is crucial. Look for a plan that provides coverage for ambulance services, emergency room visits, and hospital stays. This coverage can provide you with peace of mind knowing that you are protected in case of a medical emergency. Remember to review the policy’s terms and conditions to understand the extent of emergency coverage offered.

Conclusion:

In today’s world, where medical costs continue to rise, it’s crucial to have health insurance to avoid financial instability in case of an emergency. Understandably, finding the right plan can be a daunting task. In such cases, CoverYou is your one-stop solution. At CoverYou, we optimize the plans accordingly. CoverYou offers a well-designed and comprehensive health Insurance plan that can cater to your needs. We have a wide range of plans that you can choose from such as senior-citizen health insurance & specially designed health insurance plans for healthcare professionals with exclusive benefits and worldwide coverage with 10000+ cashless hospitals. Opt for our customized plan and save up to 15% on premiums.

CoverYou is a leading Insurance broker in India, that provides customized Insurance services for the Doctors’ fraternity. We have tied up with 75+ Medical Associations and leveraged 2lacs+ Doctors pan India. We have comprehensive Professional Indemnity Insurance, Health Insurance, Car Insurance, Life Insurance & Term Insurance plans for Medical Professionals.