What are some things taken for granted by most of us in the audience? One thing that may be a regular feature in the answers is ‘Health’. Irrespective of age, most people take their health for granted. However, the changing lifestyle, irregular eating habits, and stress can take a huge toll on health.
Health insurance has become an absolute necessity and it is important to look at health insurance plans from insurance providers to choose the best-suited health insurance plan. Staying without health insurance coverage in these difficult times can be an absolute disaster. By the end of this blog, you would be a much better position to understand the essential benefits offered by health insurance in India.
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Tackle Medical Inflation
The world economy is in shatters and the scene is no different in India. With rising inflation, the costs incurred in terms of medical expenses can also rise since that sector is also affected by inflation.
Investing in good health insurance plans at the right time is the best way to tackle medical inflation in India. You should invest in the best-suited health insurance plan when the time is ripe so that you do not have to bear the brunt of inflation.
Hospitalization at zero costs
Medical expenses can rise significantly if you (or your loved ones) are hospitalized in a good nursing home (or hospital). In such scenarios, the right health insurance plan can do wonders for you.
Royal Sundaram General Insurance offers health insurance plans for families and individuals. Individual health insurance plans are suitable for individuals (aged above 18 years) who only want themselves to be covered under the policy. On the other hand, a family floater plan from Royal Sundaram General Insurance provides health coverage for individuals and their family members (i.e. spouse and children).
Opting for the right health insurance plan helps in settling the bills incurred during the hospital stay. Health insurance providers have tie-ups with a network of hospitals that offer cashless hospitalization in those hospitals. This is hugely beneficial considering the rising costs incurred in hospitalization.
Pre and Post Hospitalization Coverage
Even when the patient is discharged from the hospital, medical expenses continue in the form of treatment, medication, therapy, etc. Pre-hospitalization expense is the amount spent before the patient is hospitalized whereas post-hospitalization expenses include the money spent on medical activities once the patient is discharged from the hospital.
Health insurance plans from popular health insurance providers cover pre and post hospitalization expenses, hence the benefits help you keep financial liabilities at bay.
Fee yearly checkups
Many health insurance providers offer free yearly checkups so that you keep a watch on your health and take actions at the right time. Many insurance providers offer full-body checkups. These checkups help in uncovering any underlying medical conditions at the initial stages. Hence, it helps in seeking treatment at the right time.
Apart from these primary benefits, many health insurance companies also provide AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha, and Homeopathy) cover, where alternative forms of treatment are covered. AYUSH cover can be beneficial for senior citizens since Homeopathy and Ayurvedic treatments have minimal (or no) side effects.
Now that you have understood the benefits of health insurance, its time you opt for the best-suited health insurance policy.