If you are considering Mediclaim and Health Insurance as the same thing, then clear this confusion from your mind. Because there is a huge difference between the two. Learn about it.
Nowadays, people have become very conscious about their health. Because now people buy health insurance etc. in advance so that if any medical emergency arises, it can be easily handled. But there is still confusion among many people regarding health insurance. That is, many people consider health insurance and mediclaim to be the same and due to this confusion, they buy mediclaim instead of health insurance. If you are also making the same mistake, correct this mistake today and know the difference between them.
What is health insurance?
Health insurance provides you with comprehensive cover. It also includes pre- and post-hospitalization expenses, daycare, OPD expenses, etc. As per the policy, the company bears the entire cost. In health insurance, you can get various additional covers like critical illness, maternity benefits, and infertility cover. Both medical and surgical treatments are covered under the insurance. Health insurance plans offer flexibility and can be customized as per personal needs. Cashless treatment facility is also available in health insurance. Some insurance companies also include medical check-ups in health insurance.
What is Mediclaim?
Mediclaim is an insurance policy. In which you get cover only after you are admitted to the hospital. In this, you do not get the facility of getting additional cover add-ons. In most cases, the maximum cost of hospitalization is up to Rs 5 lakh. Also, the maximum cover will depend on the insurance provider. It also has less flexibility compared to health insurance. If you have a Mediclaim, you can submit your bill to the insurance company to pay the expenses or choose the cashless option in the Mediclaim policy.
Mediclaim or Health Insurance, which should you choose?
Since Mediclaim has less coverage, it is cheaper than health insurance. But according to experts, you should opt for comprehensive health insurance. When buying health insurance, it is very important to compare the coverage, services, benefits and premiums offered by different companies. Personal insurance needs may vary, so you should buy an insurance plan that suits your budget and needs.
