Health Insurance in India an Insurance which covers expenses related to necessary hospitalization due to a Sickness or an Accidental Injury
. One mistake everyone makes is that people in India are not properly insured. You never know what the future holds thus getting yourself insured is one of the smartest things you can do. You can get yourself insured through many health insurance companies in India.
Pointers to be kept in mind while purchasin appropriate health insurance in India-
Do a proper online research. Internet is the perfect source to get information for all types of health insurance policies. Look at reputed companies and thoroughly check what they are offering. Go through the products they are offering and choose the one that suits you best.
Before you purchase health insurance in India you should carefully analyse all the parts of the health insurance policy to make sure that you are getting coverage for the things that matter to you. Examine the types of cancellations covered by the policy.
Properly read the terms and conditions of the health insurance policy before signing it . Check the policy's definitions of terms such as day care procedures, cashless hospitalization, age restriction and 24/7 helpline.
Check for the policy expiration time and date after which it will not offer any coverage for anything. Usually all health insurance plans in India are purchased for a year but there might be certain exceptions to the case.
Carefully read the policy exclusions. Most policies do not cover pre-existing health problems. Also check what all expenses it does not cover.
Ensure you spend time in finalizing a good health insurance advisor, who would provide you unbiased advice across all leading insurance cos., as well as assist you for renewals and claims in the long term.
Ways of claiming health insurance in India-
Health insurance can be claimed in two ways namely cashless or reimbursement
Cashless All insurance companies have a direct billing arrangement with a network of hospitals. In such scenarios the insurance company directly deals with the hospitals and pays the admissible claim. When the insured person is admitted to a recognized hospital he/she will provide her insurance details and when the insurance company approves of the details cashless admission to the hospital would be possible.
Reimbursement- If you are admitted to a hospital which is not a network hospital of your insurance provider then you will make the payments at the hospital and submit the papers along with the claim to the insurance company who will reimburse you.