Health insurance policies insure you against several illnesses and guarantee you stay financially secure should you ever require treatment
. They safeguard your peace of mind, eliminate all worries about treatment expenses, and allow you to focus your energy on more important things, like getting better. Let's learn more about the various types of health insurance available, and what the best policy for you might be.
Please note that here we are not talking about the various Mediclaim insurance that the General Insurance companies provide. We at insure me genie think that mediclaims have a very restricted domain as they have to be renewed on yearly basis and the renewal discretion is at the hands of the insurer. Instead we are focusing on the Innovative Health plans provided by the Life Insurance companies which are more human centric.
Health Insurance policies in India - An Overview
There is several health insurance or medical insurance plans in India. These can be divided into the following categories based on the coverage offered:
Comprehensive health insurance coverage: These plans provide you complete health coverage through a hospitalization cover while at the same time also creating a health fund to cover any other healthcare expenses
Hospitalization Plans: These health insurance plans cover your expenses in case you need to be hospitalized. Within this category, products may have different payout structures and limits for various heads of expenditure. The hospitalization coverage may be reimbursement based plans or fixed benefit plans. These plans aim to cover the more frequent medical expenses.
Critical Illness Plans: These health insurance plans provide you coverage against critical illnesses such as heart attack, organ transplants, stroke, and kidney failure among others. These plans aim to cover infrequent and higher ticket size medical expenses.
Specific Conditions Coverage: These plans are designed specifically to offer health insurance against certain complications due to diabetes or cancer. They may also include features such as disease management programs which are specific to the condition covered.
For more information on Compare Health Insurance you can visit our website http://www.insuremegenie.com/Health/health.html