A health insurance plan is one of the most important investment decisions you will ever make. But what happens often is that you decide to get a health insurance plan, do an online search, and end up getting confused with all the terminologies and all the different features. If this has happened to you, then fret not. This post will help you out with the essentials of health insurance plans and how to find one that suits you the best.
Find A Health Insurance Plan Now
There are a few different ways in which you can find health insurance plans that are best suited for you.
1. Ask Friends and Family:
One way to find good health insurance plans is to ask your friends and family about their plans and whether they are happy with it. If your needs are similar to theirs and if they are happy with their plan, you can get the same plan as well. The downside to this method is that the needs of each person are different and a plan that works for one person may not work as well for someone else.
2. Visit Insurance Provider’s Website:
Another way to find a good health insurance policy is by visiting the websites of different insurance providers. You can do this from your home, but it will take time to visit many different websites. And even then you don’t get to know all the different options that are available to you. You may only visit a few websites and you may miss out on good offers by other insurance providers that are better suited to your needs.
3. Visit Aggregator Sites:
Insurance aggregator sites like Coverfox.com are the ideal way to find health insurance plans. Once you enter your details of your requirement, these sites show you the best health plans by different providers. You can buy the policy from these sites and they will guide you through the whole process. Since these sites show you all the different options in one go, it is the most effective way to find a health insurance plan.
Know Your Health Insurance Plan
So what are the key points to consider when you are buying a health insurance plan? How do you ensure that the plan you are selecting is the best for you?
1. Number of People Covered:
This is one of the first things to consider. Are you married or single? If you are married, it is better to get a family plan. It is more economical than getting individual plans for each member of the family.
2. Coverage and Premium:
This is the next point to consider. The coverage your insurance offers tells you the maximum amount of medical expense that can be covered under your policy. You shouldn’t choose too low a coverage because if it doesn’t cover your expenses, you will end up paying for the remaining expenses from your pocket. If you choose too high a cover, you may end up not using that coverage and you will have paid a higher premium for nothing.
3. Cashless Hospitalisation:
Having a cashless hospitalisation facility means that the hospital bills are settled directly by the insurance provider. Without this facility, you will have to pay the bills and then wait for the insurance company to repay you. This can take time and can be very stressful.
4. Day Care Treatments:
Out-patient procedures have become very common nowadays and surgeries that needed extended hospital stays previously have reduced to out-patient procedures. Also, there are many procedures related to your extremities which are performed as out-patient procedures. This is why you should ensure that you have coverage for day-care treatments.
5. Pre and Post-Hospitalisation Expenses:
There are a lot of tests that need to be done before and after your hospitalisation and these tests are often very costly. Make sure that your insurance policy covers these expenses as well.
Time to Buy Your Health Insurance
The points mentioned above are the basic things that should be covered by your health insurance policy. You may need to check for some more things based on your age or your personal health conditions. Sites like Coverfox.com can make this process easy for you by helping you make the right decision and get the perfect health insurance plan for you.