WHAT IS HEALTH INSURANCE?
Health insurance is a type of assurance that covers the whole or part of your risk by incurring your medical expenses. Health insurance is offered by the government, private, and even separate agency which only focusses health policies.
THE NEED FOR HEALTH INSURANCE?
The first main reason for the need for health insurance includes:-
TO FIGHT LIFESTYLE DISEASE
Before going into this section, let's know about lifestyle diseases. Lifestyle disease is something that detracts people from day-to-day activity and makes them follow a sedentary routine that creates several health concerns and has near life-threatening consequences.
Mainly these lifestyle diseases occur in people who are under 45 years old. Illness like diabetics, obesity, etc. Usually, these diseases are occurred due to stress, gadget addiction, smoking, alcohol addiction, and many more. In this crisis, your thought must be positive to get well soon but most probably every man without health insurance thinks about the medical expenses he needs to pay for his day in bed. On other hand, a man with health insurance stays calm, positive, and gets well soon.
SAVE YOUR SAVINGS
Unforeseen illness can lead to mental anguish and stress, without taking medicine there is a side effect for this mental anguish and stress. That is nothing but medical expenses stress. Your savings might have different dreams but destroying them for your health makes you more depressed. Health insurance gives a shield to your savings.
INSURANCE TAKES OVER
Health Insurance takes over the transportation charges, room rent, medical checkups, and pre and post-hospitalization cost coverage too.
This depends upon the right plan you choose.
MORE EARLY MORE SECURE
The more early you buy the more benefit. Buying it early not only means cheap but it also makes us better financial sense well. Accidents occur without warning and vanish your money from your pocket and make you empty pond without water.
YOU ARE TOO BUSY
You are too busy traveling all over the world for work. A health insurance policy covers emergency medical evacuation with the best medical healthcare.
HOW DO I CHOOSE THE RIGHT PLAN?
You might think that you are right but how do I choose the best plan?
Here is how you need to choose the right plan:-
- While choosing a family plan, make sure that you can add a new member. If the senior member of the family passes away another member can continue the same plan without wasting the plan.
- Choose the minimal waiting period
- Check the co-payment clause. Sometimes you need to pay a 10% co-pay clause from your pocket. Choose a plan without a co-pay option
- Check lifetime renewability. Health insurances offer lifetime renewability that protects us till the end and doesn't make you buy another one after 45.
- Room rent limit. Always choose insurance that offers a high room rent limit to avoid paying extra from your savings
HEALTH INSURANCE
Government health insurance schemes:-
- Central Government Health scheme
- Employment State Insurance scheme
- Janshree Bima Yojana
Private Health insurance Companies:-
- Aditya Birla Health Insurance
- Bharati AXA Insurance
- Religare Health Insurance
CONCLUSION
Taking in the right time and choosing the right plan for your family matters a lot than simply taking insurance. Health Insurance is like the soldiers in the borders of the country, they protect our country. Health Insurance protects you.
GET EARLY AND SIT CALMLY.
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