The rising cost of treatment and the corona pandemic have made health insurance more important. If you do not want to lose your hard earned money in the name of treatment, then health insurance is necessary for you. Not only this, along with getting insurance, you need to take care of many things.
You must have felt that the bill of treatment in the hospital is increasing day by day. Especially the corona epidemic has given a lesson to the people in the matter of treatment. If you do not want to lose your hard earned money in the name of treatment, then you must know how important health insurance is.
If you take the right health insurance cover, you can be free from future uncertainties, especially in financial matters.
By the way, due to awareness, people are coming forward in large numbers to get health insurance. If you look at the data of India Brand Equity Foundation (IBEF), then the situation becomes clear.
According to the foundation, health insurance companies in the non-life insurance sector grew by 41 percent in March 2021, due to the increasing demand for health insurance amid the Corona epidemic.
By the way, there is also one aspect that even though awareness has spread about health insurance among people, but it is still too late for insurance to reach everyone. Quality medical treatment is essential for everyone to have good health.
It is important to understand the importance of health insurance for quality Medicare. Shriraj Deshpande, Head of Health Business, SBI General Insurance, has some important tips for first time health insurance buyers. In a conversation with Zee News, he also explains what should be kept in mind to get the right health insurance.
sum insured
According to Shreeraj Deshpande, Sum Insured is the maximum amount that can be paid for medical expenses under the policy. It is important to set an appropriate amount to cover the high medical bills. According to him, while taking a health insurance policy one should assess the health risk and choose the right sum insured before taking the insurance.
According to Network Hospital
Shreeraj Deshpande, one of the important reasons for taking health insurance is to get cashless treatment in times of emergency. The larger the network of hospitals of the insurance company, the easier it will be to avail cashless benefits in quality treatment.
Waiting period
condition is attached to the waiting period health insurance policy. In this, the price of the product is fixed according to some listed diseases and conditions. According to Deshpande, insurance products with longer waiting period will be cheaper than products with less waiting period. However, it is believed that products with less waiting period are better.
Be
Trustworthy The brand should be insured only with a reputed and trusted brand. Before taking insurance from any company, it is very important to know its turnout time and insurance claim ratio. This means how quickly an insurance company pays your claims.
