Better Health Happens Every Day with Us

Jun 27, 2016 / Zubin Daver | 10 Downloaded |  6463 Viewed | | | 3.0 |  11 votes | Rate this Article
Health Insurance article in Advisorkhoj - Better Health Happens Every Day with Us
Picture courtesy - PIXABAY

Health insurance plans shelter you and your loved ones from the high costs of medical treatment in India.

Though there is growing awareness about taking health and life insurance in India, an astonishingly high number of people still do not believe in taking insurance. Of these, some rely on their company-sponsored insurance policy. The others may decide to take insurance if they spot the potential to earn a tax deduction on the policy.

The basic fact is that insurance is necessary for everyone today, whether young or old, employed or unemployed. In a world where one has no control over anything – inflation, pollution, stress, corruption – one may at least exercise a measure of control over one’s financial destiny. Taking health insurance is a way of ensuring that one does not lose one’s precious savings and current income to hospital bills and prolonged treatment.

It needs to be understood that rising stress, less time to rest, lack of exercise and erratic eating hours all contribute to ill health. At the other end of the spectrum, each of us is susceptible to developing a critical illness, or becoming injured in an accident. All in all, every person is vulnerable to illness, injury or worse, an unexpected demise. While there is very little – or absolutely nothing – one can do to prevent a tragedy from taking place, one can ensure that it does not result in a financial setback that impacts the entire family.

How taking health insurance helps

Hospital costs are paid by insurance

If you or your loved one requires medical attention or even hospitalisation, a family health insurance policy takes care of the associated costs. With a health plan in place, you need not race around collecting money for treatment. Even better, a cashless mediclaim plan allows admittance and commencement of treatment without the policy holder having to pay a single rupee.

Health insurance policies allow access to timely and quality treatment

Many people shy away from visiting the doctor because they fear expensive bills or the doctor’s advice to get immediate surgery. Senior citizens, especially, live in fear of high medical costs in case they fall ill. But family health insurance plans include the policy holder’s parents and dependent children as well. Having medical insurance ensures access to the best treatment plans and timely intervention.

Health insurance policies care for the family’s needs

In the event that the policy holder passes away, the health insurance plan ensures that his family’s future expenses are taken care of. The sum assured in the policy is paid to the nominated family members so that they may keep their financial goals on track despite the policy holder’s absence.

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