After 2009, medical expenses is gradually hiked; fortunately in India, the medical services are cheapest along with world-class medical service facilities.
Everybody is aware of mediclaim policies, but they have two questions.
The first question is - how it will help me? Well, if you are hospitalized, and you need a lot of money for your treatment - a standard health insurance will help you to take medical services cash-less.
Any standard health insurance includes nursing, surgery, medicines, etc...
And the last question is - where to buy a health insurance? You can buy your mediclaim insurance directly from a service provider or you can buy through their intermediaries.
However, wait for a while, before buying check the intermediaries are affiliated from IRDA (Insurance Regulatory Development Authority) or not.
Here is a brief how-to guide for buying insurance - before going to purchase any health insurance, you mast check following 10 steps.
1.
Make your mind up on how many family members that you want to include in your mediclaim policy.
2.
Make your mind up on how much insurance coverage you need 3.
Make a short research on similar services with special features like critical illness or some other features.
4.
Before buying any health insurance, you need to check one more thing, if your age more than 45 years; you need to undergo a medical checkup including diagnostic tests.
5.
Annual Renewal - is most important for health insurance, because the maximum number of insurance company provide their services based on the annual renewal or annual subscription basis.
If you want to take full benefit of health insurance you must renew your policies.
6.
Check your risk coverage time to time- it is a good practice to make a review time to time, you or your family covered with enough risk coverage or not.
7.
Before buying any mediclaim policy, you need to know their process to make a claim.
8.
Keep your entire medical related document in the same folder.
If you lost your insurance card, then it is difficult get treatment from network hospitals.
9.
Claim your amount in proper time, usually every company asked for the related documents within 30 days.
You must submit your document before that.
10.
Before buying any health insurance check the policy provides cash-less treatment facilities or not because the norms of cash-less mediclaim policies are different from others.
This is a small list of most popular health insurance available in India - 1.
STAR Health Medi Classic 2.
IFFCO Tokio Individual Medishield 3.
Bajaj Allianz Health Guard Policy Finally, Your Rights! - In case of delay of your claim or non receipt of your claim, you can directly communicate Consumer Grievance Cell of the Insurance Regulatory and Development Authority (IRDA).
They were specially taking care of those issues and resolve them as soon as possible.