Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Health insurance benefits and coverage

By Chris Luke Subscribe to RSS | April 24th 2012 | Views:
loading
 
  



In an uncertain environment and with increasing medical expenses, buying health insurance is a must for all Indians. Are you scared to pay hefty medical bills to treat a sudden illness, injury or hospitalization? It would definitely disturb your finances! Instead with a health insurance policy to your name, you would be able to manage any sudden medical bills and settle the hospital expenses without disturbing your personal finances. With different kinds of health insurance policies available in the Indian insurance segment, the choice is yours. Mediclaim policies by general insurance companies, hospitalization cash policy by life insurers and critical illness plans by life insurers, are three of the categories of medical insurance available in India.

Health insurance coverage and benefits

• Cashless hospitalization is generally offered by all insurers through their medical insurance policies

• Ambulance charges are covered up to an amount of Rs.1000

• Pre- and post-hospitalization expenses (30 days before hospitalization and 60 days after hospitalization) are included in the policy

• Day care expenses like dialysis, chemotherapy and radiotherapy are covered

• Many medical insurance policies cover ICU charges, surgeon fees, doctor’s consultation charges, anesthetist’s charges, surgical materials and other diagnostic costs

• Room and boarding costs are covered up to certain limits as per the policy

Tips to buy a health insurance

Here are some of the points that you can consider before buying a health insurance policy that suits you.

• Reading the policy details, exclusions, inclusions, coverage, and the limitations before buying any policy is a must.

• If you want to buy a critical illness policy, keeping a track of what illnesses are covered under the policy would help you make the right decision.

• Note down the number of hospitals that are covered by the insurer through their network.

Availing tax benefits

Health insurance products offer some exciting tax benefits to the policy holder. Tax benefits come under the income tax act 1961, section 80 D. Premium under the health insurance policy holds tax deduction up to Rs.15,000 for your dependent children and spouse. For your parents, another claim can be made of Rs.15,000. The deductions can be up to Rs.20,000 for senior citizens of the age 65 years of above.

By studying all different types, you can find out which one is the best health insurance that suits you requirements. From individual medical insurance to group insurance, the policies are categorized in many types. If you want to save some cash towards medical insurance, buying them online would do the trick. Buying a policy at discounted rates is possible through online portals of the insurers or agents.

Health insurance policies are a boon for all Indians, securing life at the earliest would reduce the future worries. Spending money, all of a sudden, on illness or health issues will spoil your finances. With a rise in diseases and seasonal illness in India, the residents have understood the importance of investing in health insurance and life insurance policies. Today, health insurance is not a luxury, but a necessity!

Chris Luke - About Author:
Chris suggests that health insurance plans are a must in India because of the unexpected change in climatic conditions and other factors. Chris highly recommends AEGON Religare Life Insurance for affordable health plans and great customer support service. For more information about them, visit website aegonreligare.com.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/health-insurance-benefits-and-coverage.htm

Related Insurance Articles Subscribe to RSS

Taxi Insurance Broker Quote will give you help to get a company insurance
Published by Atif Saleem on December 10th 2011 | Insurance
There are many companies that are serving to the costumers but there is also a way to wasting your t...
 
Let Georgia health insurance plan treat your medical expenses
Published by Ricky Martin on June 23rd 2012 | Insurance
So time has come, do let Georgia health insurance plan treat your medical expenses. It is a big burd...
 
Why you should visit my cheap car insurance online
Published by Harrisonford on April 13th 2012 | Insurance
Due to high demand of car loans, the need for car insurance policies is also increasing day by day. ...
 
Importance of one’s own vehicles insurance
Published by Shyam Singh on March 2nd 2012 | Insurance
Suit one’s own insurance policy with each of your must have: Ones own vehicles insurance must have...
 
How to find inexpensive business insurance rates for business
Published by Andrew Edwards on November 30th 2011 | Insurance
Insurance is something associated with every business type...
 
Things to remember about cheap car insurance
Published by Robmichae on March 2nd 2012 | Insurance
Car insurance might not be important for you but it is very important thing for your car. As you go ...
 
How to compare classic car insurance online
Published by Anneshirley on March 20th 2012 | Insurance
If you drive classic car then you must be familiar with the requirements for suitable insurance cove...
 
Getting the best Georgia auto insurance
Published by Auto Insurances on January 17th 2012 | Finance
As the state of Georgia is very notorious for having a big number of car accidents and also incident...
 
Auto insurance – the ultimate choices
Published by Auto Insurances on January 13th 2012 | Finance
Insurance for persons might be optional according to the well and wish of the individuals. Some migh...
 
What will influence the cost of your income protection insurance?
Published by Jenymorison on December 9th 2011 | Insurance
If you have decided to purchase income protection insurance for yourself then surely it can prove to...
 
A preliminary understanding Connected with Car insurance policy Benefits
Published by Shyam Singh on February 23rd 2012 | Insurance
A lot more gas mileage people get, the greater these premiums on the insurance policy will likely be...
 
Affordable medical insurance procedure
Published by Lessardcasey on March 28th 2012 | Insurance
Medical treatments and preventative care are not cheap. For the 40 million citizens of the United St...
 
Individual dental insurance
Published by Lessardcasey on March 28th 2012 | Insurance
Individual—(non-employer-based)--healthcare coverage can be difficult and expensive to acquire. Wi...
 
Factors to consider when taking an auto insurance policy
Published by Julia Bennet on February 6th 2012 | Insurance
Before buying a motor insurance policy, it is prudent to research about the various devis assurance ...
 
Online term insurance - Guide to choose the best one
Published by Chris Luke on April 16th 2012 | Insurance
In the Indian insurance segment, there are many kinds of term insurance policies that suit different...
 
Different insurance plan to get cheap car insurance
Published by Robmichae on March 2nd 2012 | Insurance
Our car is a very important part of our life. A day without it can turn out to be a disaster day of ...
 
Why You Need a Private Medical Health insurance
Published by Adamson Baker on July 7th 2012 | Insurance
When NHS is not adequate for a certain treatment, most patients seek the assistance of private consu...
 
Buy DUI insurance online and save time and money
Published by Maryparker on November 29th 2011 | Insurance
Some of us cannot but drive rash. And some of us, even when we know it is illegal, care two hoots ab...
 
Importance of comparing commercial insurance quotes
Published by Andrew Edwards on April 20th 2012 | Insurance
If you are running a business which is not performing in terms of huge profits...
 
Assess your business insurance plan for better returns
Published by Andrew Edwards on February 21st 2012 | Insurance
While running business enterprise we have to look in plans which are suitable and make everything or...