7 mandatory things to have in your health insurance.

On a rapid increment in unexpected health-related issues, health insurance has become a must to have a thing to protect your finances.

But all these health insurance companies have made the insurances so complicated nowadays it has become hard to understand things. But don’t worry team apnipolicy is here, we will teach you which are the – 7 important things to keep in mind while purchasing health insurance.

health insurance

  • Separate/Private room facility –

    Before making the purchase make sure whether the health plan you are purchasing provides you a separate/private room in case of hospitalization. B

  • ecause as the covid is at its peak right now and suppose your plan doesn’t provide any kind of separate/private room facility, you don’t wanna get hospitalized next to a covid patient. 

 

 

  • Restoration benefit –

    This is the most important point to check while purchasing health insurance for your family. Check the number of recharges/restoration your plan gives after the one full/partial use of it. 

 

Let’s understand this with an example – Suppose you got hospitalized due to any kind of illness and your health insurance plan is covers up to Rs.5,00,000/-and it covers you and your wife.

 

And your treatment expenses were Rs.4,80,000/- and now only Rs.20,000/- is left out of 5,00,000/- and your wife got hospitalized in the same year due to any kind of illness and her bill is Rs.1,00,000/- so the health insurance company will cover only 20,000/- of the total bill as you have exhausted the 4,80,000/- in your previous treatment. 

 

But if your health insurance plan had a recharge/restoration benefit then after the usage it would have got restored to the value of Rs.5,00,000/-.

 

So make sure your plan has the restoration benefit and read carefully how many recharges are available per year.

 

  • Coverage on Home hospitalization –

    There are many circumstances under which the doctors recommend the patient to get hospitalized at home. In that case, most of the companies don’t provide coverage on home hospitalization so make sure your plan contains this feature. 


  • Pre and post hospitalization coverage –

    Even before the hospitalization, we have a lot of expenses like – Blood tests or CT scans, and. After discharge, we have expenses like medicines and all. So, in that case, you wouldn’t want to waste your money on those expenses so check the period of pre and post-hospitalization coverage given by your business.


  • Waiting period for pre-existing diseases –

    Almost every insurance company has some waiting period on the coverage of diseases with the insured person suffers before taking the health insurance. So keep a check what is the waiting period for pre-existing diseases.


  • Full coverage (no bill split) – Make sure your health insurance plan provides the full coverage on the expenses i.e. the full amount of your hospital bills should be covered by the company no bill splitting term and conditions should be there.

 

day care health insurance

  • Daycare coverage –

    There are many surgeries that don’t require hospitalization they are done within some are hours and the patient is sent to the home, and for that insurance companies have other terms and conditions whether they will provide it or not so make sure your plan covers this too.

 

Now there are some features which are not mandatory to have in the health insurance they depend upon your own personal requirements. Following are those features – 

 

  • Coverage on alternate medication –

    Sometimes we seek the medication from alternate sources like Ayurveda or homeopathy but most of the health insurance companies provide partial or no coverage on medication through alternate sources so don’t forget to read that and make the decision according to your need. 


  • Bonuses –

    Insurance companies add some bonus in your sum assured money at the end of the financial year if you don’t use your claim throughout the year. If your taking health insurance for your whole family then I would recommend you to consider this.

 

Now as you know which are the things we should keep in mind when purchasing health insurance for your family, I have prepared a list of health insurance plans by the top 5 health insurance companies of India containing almost all of these features in them.

 

Aditya Birla

 

Plan Name – Active health platinum enhanced 

Logo – 

 

Features – 

  • Separate/private room is available,
  • 1 restoration per year is given,
  • Coverage on home hospitalization,
  • The waiting period is of 3 years for pre-existing diseases,
  • Pre and post hospitalization expenses are covered,
  • Full coverage is there you don’t have to split your bill,
  • Day-care coverage is also there.

 

Additional benefits – 

 

  • 20% of the sum assured is added as the bonus every year in case of no claim and the bonuses stop after reaching 100% of the sum assured money,
  • 1 free full body checkup every year.

 

Doesn’t have – 

 

  • No coverage on alternate medication.

 

Bajaj Allianz 

 

Plan Name – Health Gaurd Gold

Logo – 

 

Features – 

  • Separate/private room is available,
  • 1 restoration per year is given,
  • The waiting period is of 3 years for pre-existing diseases,
  • Pre and post hospitalization expenses are covered,
  • Full coverage is there you don’t have to split your bill,
  • Day-care coverage is also there.

 

Additional benefits – 

 

  • 10% of the sum assured is added as the bonus every year in case of no claim and the bonuses stop after reaching 100% of the sum assured money,
  • 1 free full body checkup after every 3 years.

 

Doesn’t have – 

 

  • No Home hospitalization coverage.

 

Bhartia AXA 

 

Plan Name – Smart Super Health Asuure 

Logo – 

 

Features – 

  • Separate/private room is available,
  • 1 restoration per year is given,
  • The waiting period is of 4 years for pre-existing diseases and can be brought down to 2 years with extra pay,
  • Coverage on home hospitalization,
  • Pre and post hospitalization expenses are covered,
  • Full coverage is there you don’t have to split your bill,
  • Day-care coverage is also there.

 

Additional benefits – 

 

  • Some bonus is added at the end of every year in case of no claim and the bonuses stop after reaching 100% of the sum assured money,
  • 1 free full body checkup every year.

 

Care Health 

 

Plan Name – Care Health Plan

Logo – 

Features – 

  • Separate/private room is available,
  • 1 restoration per year is given,
  • The waiting period is of 4 years for pre-existing diseases and can be brought down to 2 years with extra pay,
  • Coverage on home hospitalization,
  • Pre and post hospitalization expenses are covered,
  • Full coverage is there you don’t have to split your bill,
  • Day-care coverage is also there.

 

Additional benefits – 

 

  • 10% of the sum assured is added at the end of every year in case of no claim in the form of bonus and the bonuses stop after reaching 50% of the sum assured money,
  • 1 free full body checkup every year.

 

Star Health 

 

Plan Name – Young Star

Logo – 

 

Features – 

  • Separate/private room is available,
  • 1 restoration per year is given,
  • The waiting period is of 1 year for pre-existing diseases,
  • Pre and post hospitalization expenses are covered,
  • Full coverage is there you don’t have to split your bill,
  • Day-care coverage is also there.

 

Additional benefits – 

 

  • 20% of the sum assured is added at the end of every year in case of no claim in the form of bonus and the bonuses stop after reaching 100% of the sum assured money,
  • 1 free full body checkup every year.

 

Doesn’t Have – 

 

  • No home hospitalization coverage.
  • No coverage on alternate medication.

 

So this was the list of best insurance plans offered by the top 5 health insurance companies of India – 2021. 

 

Still, confused ? or require any kind of assistance? Don’t worry we are here to help you out just fill-up the form given below or click here and book a free appointment with us and we will deliver you – 

 

  • Unbiased Suggestion
  • Knowledge about the insurance policies,
  • Insights about the Market trends

 

So, what are you waiting for book your free session now 🙂  

 

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