As per today's time it is observed that medical emergencies come unannounced and as such living in these Covid times has made taking a medical insurance cover ever so important. The pandemic has made people realize the importance of staying fit and the financial implication of their insurance coverage. If one does not own a Mediclaim policy, be sure to be ready with massive medical bills due to hospitalization. Due to increase in the covid patients we can also see many families opting for Mediclaim policies.
There are different aspects while we choose Mediclaim policy: -
• Protection for the entire family
When it comes to buying a health insurance policy for your family, it is important that you look at all the option. The policies maybe to cover everybody under a single-family floater policy, or you could choose to get individual health insurance plans for each family member. If you opt for a family floater, your sum assured will be divided amongst all the family members under the policy.
• Limits on Treatments and Co-Payment
Depending on the kind of policy you choose the cover you will receive for certain treatments, such as a cataract operation, could have a cap.
• Cashless Claim Facility
You should check the insurance provider’s list of network hospitals to see if you can avail the cashless claims at your preferred hospital. Most providers have a well-connected network of hospitals where insured individuals can get treatment done without having to pay anything upfront. Now that you know what to look out for, you can easily decide what kind of health plan would be ideal for you and your family members. Remember, insurance is a necessity, not a luxury.
• Credentials of the Company
And finally, beyond all the product comparisons and technical aspects, choosing a brand or company with the right credentials is extremely important.
These are some of the important aspects to look out while choosing a MEDICLAIM POLICY.