Hospital stays can be unavoidable in many circumstances. You cannot avoid them during medical emergencies if you want to provide somebody with the best treatment possible. Health is wealth, right?
Nevertheless, a hospital stay can be frightening for anybody for a handful of reasons. For starters, it is a magnet for bacteria and diseases. And not to forget the eerie and inauspicious vibe of the place. However, if you are somebody who is afraid of hospitals, not for these reasons but for the expensive hospital bills, you don’t need to be afraid anymore. Although it is understandable that hospitals are expensive, and hospital bills can cause a significant financial death to your savings.
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But this is where health insurance plans come in to save the day. You can now say goodbye to expensive medical bills with health insurance. Here is how.
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What are Health Insurance Plans, and How do They Help?
Health insurance plans are comprehensive plans that cover medical expenses and offer several perks that help save money in the long run. These medical expenses can include the cost of medicines, doctor fees, and hospitalisation bills.
Here is what health insurance plans usually include:
Pre and Post-Hospitalisation
Any expenses incurred before or after hospitalisation are covered by health insurance plans. These can include prescription fees, lab tests and medicines.
In-Patient Hospitalization
These include expenses incurred during hospitalisation. They are covered under all health insurance plans. Accommodation, nursing care, ICU treatment, and prescription fees are some examples of in-patient hospitalisation.
Day-care Expenses
These expenses refer to those that are incurred for hospitalisations that do not exceed 24 hours. First aid, blood sugar tests, cataract removal surgeries, and dialysis are some examples of daycare expenses.
Annual Medical Check-Ups
Health insurance plans provided by leading insurers include free annual medical check-ups. These check-ups can include blood sugar tests, renal function, ECG, blood tests and overall body check-ups.
How do Health Insurance Plans Help?
- They Prevent your Savings From Dents
Healthcare has never been cheaper. It has always been expensive and will still be in the years to come. Such expensive bills are enough to cause huge financial strains. No matter how financially well-off you are and how sizeable your savings fund is, you are always one medical emergency away from exhausting it all away.
However, with hospital bills by your side, you can prevent that from happening. Instead of using your savings fund, you can use your health insurance coverage to pay for these medical bills and save yourself from a financial catastrophe.
- They Can Promise the Best Medical Treatment
Health cannot be compromised. So, you cannot settle for less when it comes to medical treatments, even if it comes with a high price tag. Health insurance plans help you manage the financial repercussions of medical emergencies efficiently and avail the best yet most expensive medical care without being worried about the cost.
- Cashless Hospitalisation Can Save you the Hassle
Cashless hospitalisation is a significant feature of health insurance plans. A cashless hospitalisation ensures that hospital bills are directly settled between the health insurance company and the hospital without needing the policyholder or their family to meddle in between. This means you only have to go through limited hospital formalities that save you from the inconveniences and hassles the endless formalities of hospitalisation usually bring.
(Please note the hospital should be a part of the insurer’s network for this facility to work)
- They offer you Peace of Mind
Worrying about the health of a loved one can steal your peace of mind. In such situations, the last thing you would need is the stress that usually comes when managing the financial repercussions of medical emergencies. Health insurance plans ensure that does not happen.
Knowing you have health insurance plans to cover the medical expenses, you can rest assured and instead focus on the medical needs of the insured.
Complete your Financial Kit with Life Insurance
You have health insurance plans to take care of your medical bills for the present and the future. Thus, it is a must-have insurance product for your physical well-being and a layer of financial protection. You can consider adding an additional layer to it by getting life insurance (know what is life insurance) to secure your family’s financial future during fatal uncertainties.
So, what are you waiting for?
Get life insurance and health insurance plans now!
