Why Should I Buy Health Insurance Policies?

I am young and healthy. I don’t need health insurance. I can practice physical exercises and can stay healthy or away from health issues. Why waste money investing in these plans?

These are the common statements made by people, when talked about investing money in health insurance policies. As a result, very less percent of Indian population is insured. It constitutes to about 15%. It means there are 85% of people who pays for their medical expenses from their pocket. It shows that there is a need of spreading health insurance awareness among Indian population.

Though practicing physical exercise keeps a person fit and fine, but he/she should not forget that there can be any unforeseen incident that may bring health risks in the life. It may be due to sickness or due to an accident, which have nothing to do with physical exercises. Health Insurance policies give you a security that there is an insurer to pay for the medical expense due to health risks. It can be called as an access to avail quality medical treatment without any financial stress.

Health Insurance policies take away the fear of high rising medical costs that may keep a person away from quality medical treatment. These plans give an insured a freedom to enjoy life to a greater extent without any worry. In addition to it, these plans also bring along with them several facilities to keep an insured healthy.

Thus, it does not mean that if you sick, only then you need t have health insurance. You never know at what tie of life, do you fall sick and may require medical insurance. So, buy medical insurance policies, as per your healthcare needs and budget, from a reputed provider, like Apollo Munich. your secured tomorrow will be much useful for you and your family members.

Buy Health Insurance Policy and Let Your Saving Be Used For the Fulfillment of Your Dreams

When one hear that someone met an accident and is hospitalized, his/her family members faces financial issues because of expensive medical treatment, a person then starts thinking of how to arrange money, if the same happens with him/her. At that point of time, a person starts calculating the money he/she would require. One might see that his/her savings are good enough to provide the required support to his/her family. But, if the same money could be used for some constructive purpose or for the fulfillment of dreams, you would feel more lucky and happy.

Who will pay the medical treatment charges, when a person meets an unforeseen event?

If a person buys health insurance policy, the medical treatment charges would be paid by health insurer. It is the right tool to be used to finance medical expenditure. It helps an insured to seek quality medical treatment from the hands of experts without any financial crunch.

Thus, if a person buys health insurance policy, he/she could enjoy life and can avail quality medical treatment, if and when required, besides using his/her saved portion of income in fulfilling his/her dreams. In addition to it, a person can also avail tax benefits for the amount of money paid towards health insurance.

There are so many such plans available in market that a person looking for the best for him/her might get confused. Thus, in order to avoid this confusion, the only thing that he/she should keep in mind is to buy a health insurance policy from a reputed provider, like Apollo Munich. These providers design plans according to the people’s health needs and try to offer best products and services to their customers.

So, buy a health insurance policy and enjoy your life. Let your savings be used for the fulfillment of your dreams.

Triple Benefit of Online Health Insurance Plans

There are times when you know that you have to do something, but are simply unable to do it because of lack of time – Buying a medical insurance in one such thing. People forget that the health insurance plan should be bought as soon as possible. When a person has a busy schedule, it is best to buy online health insurance plans. People think about buying the policy through a broker, but then time becomes a big problem. Most people would not want to sit at 12 in the middle of the night talking to a broker and figuring out a good insurance plan. This then causes them to simply not buy the plan.

The plan can however easily be bought over the Internet where a person is not restricted by time. You can buy the policy sitting in your office, or anywhere in the world. Most airports too have a kiosk with an Internet connection. Thus people can buy online health insurance plans from here too. This gives customers complete freedom of place and time for buying the plan.

There are a lot of people who think that buying the plan from a broker would be different—it would give tax benefits and be safer. The fact is that buying the policy is safe even online. One can also get a lot of tax benefits with the policies that are available on the Internet. However, one should remember that the website from where they perform the transaction should be safe. There are a lot of insurance policies that can be bought online with ease. Apollo Munich provides customers with simple access to online health insurance plans. The portal is secure and gives customers the choice of using credit card. The customer can also read the plans online on the website of the company

The Right Healthcare Insurance

There are a lot of people who would like to get the finest treatment in the nation. But, because of financial worries they do not. This leads to lack of medical attention due to which people face several medical problems. There are a lot of healthcare insurance coverage choices that can help people in selecting the right policy. Nevertheless, a person should be very careful while choosing the policy. They should make sure that the insurance plan chosen is the finest possible policy that they can get and pay for. Experts in the field of insurance recommend that people should buy the most wide-ranging policy that is within their means of purchase.

The maximum premium that a person can shell out should be invested in the same. There are a lot of healthcare insurance policies that give sufficient health coverage, but the cover amount offered is sometimes too low in comparison to the coverage that the plan provides. People have to buy policies using which they can strike a balance in the two aspects. This would mean that the person has to think hard prior to buying an insurance policy. People can call helpline numbers and ask for assistance in choosing the right insurance policy.

The main problem is that people get weary of the claim process that is needed for using the plan. There are certain healthcare insurance plans that can ensure that customers can easily get the needed treatment without much financial worries. The main problem is that there are people who do not understand the claim process easily. The insurance plan should have a very simple claim process attached to the plan. The claim process followed by Apollo Munich is extremely simple. The company provides customers with a toll-free helpline number that works round-the-clock thus enabling them to get assistance in all medical insurance procedures.

Aspects of Health Insurance Claims

There are an extensive range of benefits that people can get by simply availing the right sort of health insurance coverage. When people buy a plan, they tend to only look at the expense and the ailments covered. But, in reality, people should look at the medical procedures covered too. Health insurance claims are paid on the basis of the steps as well as the illness for which treatment is sought. There are many aspects of the treatment that the plan may cover — pre-hospitalization, post-hospitalization, just the cost of the operation (if any), etc.

It is the steps of the treatment that should be properly covered by the plan. Any health coverage policy would have an in-depth description about the aspects of treatment covered by it in the plan wordings. People should understand these wording to make the health insurance claims easier.

There are a lot of times that the person says that so and so illness is covered by the plan and therefore it is good. But, unless a person knows the steps of the medical procedures covered people cannot judge how the efficiency of a plan or the health insurance claims process.

There are a number of aspects of the treatment:

• Pre-hospitalization: the expenses that are acquired in getting the diagnostic tests done, before hospitalization. There are insurance policies that cover such expenses up to 60 days before the hospitalization.
• Post-hospitalization: the costs that a person has to face when going for follow-ups of the medical care. The medical coverage in some plans also covers this facet of medical care and treatment.
• Inpatient treatment: this should preferably cover the aspects of healthcare like operation theater costs, blood, room rent, ICU costs, cost of medicines and anesthesia needed during treatment, cost of implants, etc.
• Outpatient costs: there are certain health insurance plans that provide medical health coverage for those treatments that are connected to the OPD i.e. those treatments that do not call for hospitalization.

Apollo Munich provides a very simple claim health insurance process and ensures that the plans provide all-round medical care.

Critical Illness Cover: Additional Protection

Every day, we read about new illnesses and new drugs to counter them. Medical problems are bound to hit people one time or another. If one were to think about all these problems, then the future looks very bleak. While most treatment expenses are covered by health insurance, there are certain expenses that cause a much greater strain and often cannot be compensated with merely the cover amount. For such expenditures, one needs critical illness cover.
The concept has been brought out to give people the chance of coping with the financial hassles when they are faced with serious medical problems. Under the critical illness cover, the insurance company will disburse a lump sum amount to the policy holder when the latter encounters a critical illness.

So what is the definition of a critical illness? A critical illness does not mean that the illness is fatal by compulsion. These illnesses generally cause major problems and call for extensive treatment and medical care. One must remember that the critical illness for different companies is different. Just because an illness comes under critical illness by one insurance provider, it does not mean that all insurance companies consider it a critical illness.

People must remember that critical illness cover and health insurance cover are not the same. While mediclaim plans cover only medical bills, the cover amount from the critical illness cover can be used for anything by the family. One can use the money to care for loved ones. People should remember that the policy terms and conditions of every plan govern the means and conditions for payout. Customers should access the list of critical illnesses from the insurance provider to see the illness covered. Apollo Munich provides coverage for 8 critical illnesses. The policy holder should be aware of the coverage before buying the plan, and therefore Apollo Munich has all the plan details on the company website.