(Newswire.net — June 1, 2020) — People in India normally buy health insurance plans for themselves and their family as a safeguard against heavy hospitalization charges. In this course of buying, they tend to overlook other important benefits that are associated with their medical insurance.
For instance, a patient gets hospitalized for 10 days. The patient’s insurance plan covers the expenses and charges of the attendant that stays with him/her as well. The patient being unaware of this fact pays the attendant charges from his pocket. Therefore, you need to read the medical insurance policy documents carefully and confirm such benefits. There are many lesser-known benefits of health insurance that you can redeem against the premiums you pay. In case you receive a denial, make sure that you read the insurance appeals and submit necessary documents supporting your appeal.
Some of these benefits are as follows:
Complimentary preventive care
Many health insurers like Future Generali offer complimentary preventive care. This preventive care benefit is linked to the number of claim-free years as well. The concern is, not many medical insurance policyholders know about this benefit and end up not utilizing it. This complimentary preventive care will help you maintain your health irrespective of the claims. The better the health insurance plans, the more the benefits. As per experts, only 1-2 % of health insurance policyholders utilize this benefit.
Lifelong Renewal
Every Health Insurance has some restrictions on the entry age which mostly would be 70 to 80 years. The insurer may propose an extension to the renewal age but even that does not extend beyond 90 years. This is a very difficult situation, as it becomes harder to get covered under a health insurance plan as you get older. This is when a lifelong renewal feature is offered by insurers like Future Generali so that you can renew your policy lifelong even if you are well above 90 years.
Domiciliary Expenses
What if you are unwell and do not find a hospital room or if you are too sick to be moved to the hospital. In such situations, doctors send in approval that the treatment can be done at home itself. This is known as domiciliary hospitalization. Future Generali offers such benefits to the insured. These benefits are also rarely claimed by the patients. It is very necessary to read all your medical insurance documents properly to know whether your health insurance plan covers domiciliary expenses as well. Each policy has certain norms when it comes to domiciliary hospitalization and you can claim, only when those norms are met.
Alternative Treatment Coverage
As per the guidelines issued last year by the Insurance Regulatory and Development Authority, the health insurance providers have been asked to consider coverage to alternative treatments methods such as Ayurveda, Unani, Siddha and homoeopathy. Insurance companies have also reflected on this and launched new health insurance plans that cover the expenses of such treatments. Future Generali offers several medical insurance plans that cover alternative treatments. Whenever you purchase a health insurance policy, check whether it offers coverage for alternative forms of treatment.
Attendant allowance
When you get admitted to a hospital, there is always a family member who stays back with you at the hospital. The family faces the burden when it comes to the expenses of that family member. The charges of an extra bed or cafeteria can also burn your family savings considerably. To tackle this situation, the attendant allowance is the best weapon offered by the insurers. Health insurance plans by Future Generali cover that expenses incurred by the attendant as well. The expenses are paid based on the number of days, the insured is hospitalized. Along with the claim documents, the attendant allowance is reimbursed. When insured patients do not tend to read the medical insurance policies properly, they miss out on such handy benefits.
Donor Expenses
Usually, health insurance policies cover only the expenses related to the policyholder but it is different in the case of organ transplants. Some health insurance plans also pay the hospital bills of the organ donor. However, these medical insurance policies will not cover certain screening and pre and post-hospitalization charges.
With so many benefits being offered, how can you find the right health insurance policy?
It is very vital to opt for a health insurance policy that covers you from most of the medical expenses and also help you with the best benefits. Finding the right health insurance plan is a process and certain factors must be considered while buying medical insurance.
Consider your budget:
You may want to buy the best health insurance policy but you must have a track of your finances as well. According to your budget, you can choose medical insurance that covers all the necessary health expenses according to you and also provide additional benefits that will suit your requirements. Always compare the plans well before purchasing the one that you find affordable and relevant.
Always go for Family Health plans:
Instead of opting for individual plans, you must always consider a family health plan as it will enable you to avail maximum benefits and that too at a very affordable premium amount. Future Generali’s Group health insurance is one of the best insurance plans available.
Compare the quotes:
Before you buy a health insurance plan, always ensure that you compare various policies online. You must select a medical insurance plan that ticks all the boxes that you prefer. You can conduct research online and compare quotes of different plans. Insurance companies like Future Generali, also offer a premium calculator online, which makes it much easier for you to decide on how much you want to spend on a health insurance plan.
Hospital Network:
Always considers insurers that have their network extended to your preferred hospitals and doctors. Future Generali has a vast network of hospitals all over India.
Claim Settlement ratio:
While buying a medical insurance policy, checking the claim settlement ratio of the insurer is also very important. Choose an insurer with the highest claim settlement ratio.
Future Generali is a health insurance facilitator with a huge palette of health insurance plans for you to choose from. Plans like Health Total, Accident Suraksha, Mosquito Insurance, Aarogya Sanjeevani Policy, Critical Illness, Top-up plan, Senior Citizen Insurance, Surakshit Loan Bima and many others extend the insured with many exclusive benefits and safeguard them against most of the health hazards. Taking into consideration the conditions around the country and the world, the health insurance policies by Future Generali also cover the health expenses caused due to the deadly Covid-19 also known as Coronavirus.
If you do not have health insurance or you are looking to upgrade your current medical insurance plan, then Future Generali can be the best option with a large buffet of plans and also a very high claim settlement ratio.
Get a Health Insurance Policy now and stay aware of the benefits that are attached to your medical insurance.