Importance of Getting Private Healthcare

Finding the right health insurance is extremely important. Though, the topic isn’t actually a hot favorite one and you wouldn’t want to talk about it at dinners or casual gatherings. It is, however, vital that you start thinking about getting health insurance, if you don’t have one already. Considering today’s stringent economy and the ever present inflation, it is only wise to get a health plan before you face a serious health problem. If you are in good health without many complications, you may feel getting insurance would be a waste of money. This is not as uncommon, and most people have that mindset about health insurance.

While it is a relief to know that you are indeed in a good physical condition, there is no guarantee of healthiness. Medical emergencies won’t give you a prior notice before they occur. That is why you need to be prepared. Getting private healthcare is the first step towards insuring your future.  However, you need to choose the right healthcare plan. More often than not, having the wrong plan may equal to having no plan at all. Here are some of the factors that you need to keep in mind while choosing your medical plan:

You need find more options than one. Find out which one will suit your needs more and will be more appropriate to your health condition. Plans differ depending on the physical condition of the individual. While healthy people find insurance easily without needing to pay high premiums, those suffering from certain conditions may have to pay higher premium rates. Different plans have different terms and conditions. Learn about the different medical insurance plans and see which one fits your requirements.

Continue Reading

Private health insurance secures your life

Is unforeseen illness washing away all your savings? Private health insurance provides you the coverage of all medical expenses as per your needs, irrespective of the family size and seriousness of the disease.

Health care in our country is sternly underfunded. Neither the common people nor the Government holds the financial capacity to pay for superior quality medical treatment. In this condition, privately owned health insurance companies are widely accepted in the market and they are also playing a vital role in fulfilling the medical care funding shortfalls. But the health insurance sector is still hindered by limiting regulations and outdated business models. Besides, despite of the booming private health insurance companies, only 3 % (approximately) of the Indian population is covered and many customers stay unaware of the benefits of these medical insurance companies. However, the market is likely to grow more competitiveness as well as popularity in the recent future, as increasing figures of foreign companies are interested in joint-venturing with Indian partners. 

There are several health guard policies and medical coverage plans to suit everyone. Be it a nuclear family or joint family; be it for critical illness; personal accident or maternity need, these health insurance offers an array of packages to cover all you medical needs. Some of them are:

Senior citizen cover

Why health insurance is so hard to get when our elders need it the most? A mass of Indian senior citizen are not capable to access a quality medical care because of lack of sufficient insurance coverage.

Diabetic cover

According to International Diabetes Federation, nearly 40 million people in India are suffering from diabetes in India and this figure will rise to approximately 70 million by 2025. Diabetes may also lead to lead to critical heart disease, kidney damage, stroke and adult blindness.

Maternity pack

The delight of motherhood is unmatchable. But often, the medical expenses that you have to bear during maternity subdue your happiness. So it is essential to make sure that you have an effectual heath insurance plan to cover all the expenses.

Top – up cover

Top-Up Covers supplement your existing medical insurance, and comes in when the existing health insurance policy ends. For e.g. if you have a top up cover of Rs 9 Lakhs with additional Rs 2 Lakhs, you can use this plan if your claims are greater than 2 Lakhs. 

Continue Reading