Health insurance is a type of insurance that cover medical expenses of the insured due to an illness or accident in exchange for a premium amount. it enable the insurance company to provide medical coverage for hospitalization expenses, day care procedure, critical expenses etc. A health plan offers also offers multiple benefit including cashless hospitalization and free medical check up.
Heath Insurance is a contract between the policyholder and the insurer where the health insurance company provides financial coverage to the insured up to the sum insured limit. it offer medical coverage for healthcare expenses incurred during an emergency or planned hospitalization. it also provides tax saving on the premium paid to the insurance company under section 80D of the income tax1961.
Top reason to buy Health Insurance
Medical inflation is on rise making treatment expensive. if you get hospitalized for a critical illness or lifestyle disease you may end up losing all your saving. the only way to afford quality medical traeatment during a health emergency is by buying a health insurance policy.
take a look the reason to buy-
- Best Medical Infaltion – A health insurance policy can help you pay your medical bills, including pre and post hospitalization expenses , today as well as in future despite the rising medical cost.
- Afford Quality Medical Tratment- it help you to afford the best quality medical treatment and care so that you can focus only get cured.
Not Covered Health Insurance
The following medical expenses and situation are usually not covered in health insurance plan-
- Unless there is an accidental emergency, claim arising during the initial 30 days of buying a health insurance plan not covered.
- Coverage of Pre existing disease is subject to a waiting period of 2 to 4 years.
- Critical illness coverage usually comes with 90 days waiting period.
- Injuries caused by war/terrorism/nuclear activity
- Self inflicted injuries or suicide attempt
- Terminal illness and other disease of a similar nature
- Cosmetic/ Plastic surgery and replacement harmonious surgery
- Non accidental dental treatment
- Bed rest and rehabilitation
- Diagnostic test
- Claim arising out of adventure sport injuries
Document Require Health Insurance Claim
They are-
- Discharge card issued by hospital
- In patient hospitalization bills signed by insured for authenticity.
- Doctor prescription and medical store bills
- Claim form with insured signature on it
- Valid investigation report
- Consumables and disposable prescribed by doctors with complete details
- Bills of doctor Consultation
- Copies of health insurance policy from previous year and current year
- Copied of ID card
- any other document asked by TPA.
Document Require Health Insurance
They are-
- Aadhar Card
- Driving License
- Passport
- Votar ID Card
- Letter by National Population register with demographic details
- Job Card NREGA signed by a state government officer
- any other document notified by central government in consultation with the IRDAI.
