Provisions of a Comprehensive Health Insurance Plan

The prices of healthcare are increasing rapidly in our country. Also, the ever-rising instances of diseases make it even more necessary for you to buy health insurance. With the help of health insurance, you get a financial backup at times of medical emergencies and will be financially prepared against uncertain health risks.

There are several reasons to have a health insurance policy. Listed below are a few for you to think upon:

1. Change in lifestyle

There are several reasons why you must invest in health insurance. Nowadays, people are more prone to a wide range of health disorders. Hectic work schedules, commuting, lousy eating habits, bad quality food and the rising levels of pollution are increasing the risk of developing health problems.

2. A rise in medical costs

Medical costs have risen dramatically. If there is a case of a medical emergency, you tend to spend your savings that might take a toll on your plans.

3. The benefit of income tax

Payments that are made towards health insurance premiums are eligible for tax deductions as per section 80D of the Indian Income Tax Act. An individual up to 60 years of age can claim a deduction of up to Rs. 25,000 for the health insurance premium that is paid for themselves or for their spouse and children. You can claim another Rs. 50,000 as deduction if you buy health insurance for your parents who are 60 years and above.

4. Covers pre as well as post-hospitalisation expenses

Mainstream as well as OPD (out-patient department) expenses, diagnostic tests have risen in recent times, making it vital for you to buy a health insurance policy. The medical policies cover the hospitalisation costs as well as the expenses that are incurred towards OPD and diagnostic tests before as well as after a stipulated period as prescribed by the policy.

5. Offers Additional benefits

You get benefits like ambulance coverage, coverage for day-care surgeries, coverage for health check-up and vaccination expenses under health insurance. You can protect not only yourself with a family health insurance plan for your loved ones.

• Comprehensive health insurance benefits

Given below are a list of key benefits:

• In-patient hospitalisation benefit

The hospitalisation expenses of the insured person are reimbursed, under this cover. These include room rent, doctor’s fees, nursing charges, as well as the cost of any medical procedures and medications.

• Pre- and Post-hospitalization expenses

All the expenses that are incurred for medical tests as well as health check-ups before you get hospitalised are covered. Same goes for follow-up procedures and medication expenses. They’re also reimbursed under this plan. This policy also includes pre and post-hospitalisation expenses up to a certain period as defined by your insurer.

• Day-care procedures cover

Some specific medical treatments and surgeries require less than 24 hours of hospitalisation. For this purpose, specialised units are set in hospitals. This helps to cover day-care treatments and procedures.

• Emergency Ambulance Cover

There are a few medical emergencies that might force you to use ambulance services for reaching the hospital. All the expenses of this medical emergency transportation are covered. The policy will cover ambulance charges up to the sum that is insured under the hospitalisation section.

• A few more benefits

Comprehensive medical insurance will provide you with limited cover for physiotherapy, acupuncture, homoeopathy and osteopathy. There are a few plans that also include oral surgery, the use of a private ambulance and home nursing. Routine dental and optical cover can also be added to a plan for an extra cost.

Any policy that covers an extensive range of medical services can be reffered to as comprehensive health insurance. Once you have a comprehensice health coverage, you wont have to think twice about scheduling a doctor visit or taking a trip to the emergency room, if necessary.

A mother of 2 lovely kids. Digital Marketer by profession and a blogger by passion! Here to inspire and motivate people with my writing.