These days, having the protection of health insurance is essential. As we all know, the costs of medical treatment have skyrocketed. The only way to afford the best quality healthcare is by having a good Mediclaim policy or health insurance policy at hand. But the question arises as to how does one know which is a good health insurance policy. To help you out, we have listed down 5 features that the best health insurance policies have in common.
- Plenty of inclusions in the coverage
While any health insurance policy will offer you features such as pre- and post-hospitalisation coverage and the inclusion of day care procedures, the question arises as to what limits are placed on these. The best health insurance plans will give you a good number of days for pre- and post-hospitalisation care and also include a wide range of day care procedures in their policy details.
- Affordable pricing
Apart from great coverage, you would want your health insurance plan to be affordable. Else, you will have to terminate coverage suddenly if you can no longer afford to pay the premiums. The best health insurance policies are affordable ones – they let you enjoy good coverage at prices that will not pinch your pocket.
- Good network of cashless hospitals
This is more a feature of the insurer but it is definitely an important consideration when selecting a health insurance policy. The best health insurance policies for you are the ones that offer you a network of cashless hospitals which are located close to where you live. This way, travelling to the hospital during a medical emergency will not be a hassle.
- Have an easy claims process
It is extremely important that you should be able to raise claims easily when you need to. A good health insurance policy is one that has an easy claims process. You should be able to navigate the insurer’s website with ease and find all the options you need. Or, you should get access to helpful staff – either at the office or on a customer support helpline – for all the assistance required when raising a claim.
- Low waiting periods
All health insurance policies come along with their own waiting periods during which you cannot raise a claim. There is an initial waiting period when the policy commences, another waiting period for pre-existing diseases, and another one for specific health conditions. The best health insurance policies are the ones that make you wait the least so that you can access your coverage as soon as possible.
These are some of the features to seek when you buy or renew a health insurance plan. Remember that you do not need to keep renewing your coverage with the same insurer; if you are unhappy with the services, you can always switch providers. You will not lose out on your no-claims bonus if you switch between health insurance companies. Hope this article has helped you. Take care.
