What is Health Insurance: Nowadays, our eating habits have become such that it is very difficult to tell who will fall ill at what time. When people fall ill, the cost of their treatment becomes very difficult for a middle class person. But if you have got health insurance, then your expenses are covered by the insurance company.
In today’s time, it is very important for everyone to have health insurance, but still there are many people who do not know about health insurance, due to which they are not able to get treatment in the right hospital.
Therefore, today through this post we have told about what is health insurance, along with this, how many types of health insurance are there? If we will tell you all these information then please read till the end so that you can understand well.
What is Health Insurance? Full Information
Health insurance is a type of insurance which is useful at the time of treatment in case of ill health. This is important for every person so that he does not have to worry about the expense for treatment. The responsibility of all these expenses lies with the health insurance company. When a person’s health is not good and suddenly he has to be admitted to the hospital, then a common man does not have that much money for treatment.
At that time, if you have got insurance, then the company helps you in this and bears the cost of treatment as per the insurance. Health insurance covers all expenses like hospitalization, medicines and medical tests, etc.
Let us tell you, money is received from the health insurance company in two ways –
- In the first case, you have to approach the insurance company to claim the amount you have incurred for the treatment yourself.
- You have to show the hospital bill after which you get the money.
- In the second case, the insurance company bears the expenses of the insured during his treatment. You don’t have to pay a single penny for this. The hospital expenses are paid by the insurance company.
Types of Health Insurance
We have understood what is health insurance but there are some types of it which you should know so that you can choose the right type of health insurance. We have described their types as follows –
Family Health Insurance
In this type of health insurance, health insurance for all the members of the family is covered. That means, if any member of the family’s health deteriorates, you can get their treatment through this.
There are many people who have got all the members of the family insured together, in which health insurance is covered for all the members and the fixed amount in insurance is for the entire family.
Apart from this, you can get separate insurance for all the family members. However, family insurance is slightly cheaper than paying premiums for individual insurance.
Critical illness plan
A common man does not have money for the treatment of these serious diseases. This health insurance is for specific serious diseases like heart attack, surgery, cancer etc.
This includes treatment of similar serious diseases. The treatment of these types of diseases involves huge expenses which is very difficult for a common man to bear. In this, you get the fixed amount for treatment.
individual health insurance
It is also called personal health insurance in which only one person’s health insurance is covered. The expenses incurred on the treatment of the insured are borne by the insurance company.
Health insurance for senior citizens
As the name suggests, this is only for the elderly who are above 60 years of age. Under this insurance, the insured has an annual health checkup so that his health can be known.
This insurance is very beneficial for your elderly parents as it provides them health protection in case of emergency.
daily Payment insurance
In this, a fixed amount will be provided daily by the insurance company for your treatment. As long as you remain admitted in that hospital and your treatment continues.
For example – if your daily treatment expenditure is Rs 1500 but the fixed amount as per health insurance is only Rs 1000, then you will have to pay Rs 500 from your pocket every day.
Why is Health insurance Important?
Even today there are many people in India who do not know the importance of health insurance. They do not realize how much health insurance can help them in the future.
If your health deteriorates, if you have got insurance, then there is no need to worry because the insurance company will pay the entire cost of treatment.
This is so important because if a common man’s health suddenly worsens and he has to be admitted to the hospital, then he does not have enough money to get himself treated. And suddenly arranging so much money becomes very difficult. For this reason, health insurance is necessary for every person.
Keep these things in Mind while Taking Health insurance –
Before taking health insurance from any company, it is important to pay attention to some important things so that we do not face any kind of problem later. All these things to pay attention to are mentioned below –
- Before getting insurance, consider whether you want to get family health insurance or for individual members. If any member of the family is elderly then it would be better for them to take separate health insurance.
- Nowadays, inflation has increased a lot due to which hospital expenses are also very high, which becomes very difficult for the middle class to pay. To overcome this problem, they get insurance so that they can get benefits during treatment.
- Before taking the policy, find out what is covered in it because not all health insurances are the same. In every policy, it is written about the diseases covered and how much assistance will be provided in the treatment.
- You should know about the premium to be paid in health insurance and how much premium you have to pay.
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I hope that what you read about what is health insurance in today’s post has completely understood you. Still, if you have a question related to this in your mind, then you can ask in the comment and if you like the information in this post, then definitely share it with your friends so that they can also get this information about what is health insurance.
FAQ’s What is Health Insurance?
What are the benefits of health insurance plan?
This benefits the middle class people a lot whose treatment expenses are covered by the insurance company.
What does health insurance mean?
Health insurance is an insurance, which provides us with treatment expenses when our health deteriorates.
How much does it cost for health insurance?
Health insurance requires paying the premium at a specified time interval. You can choose more or less premium as per your choice.
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