A local businessman was puzzled on what kind of health insurance he should purchase for himself and his family. His parents lived with him. He considered several health insurance policies, visited numerous websites and spoke to several agents before zeroing on a plan that came with an affordable premium. His boss, a fifty-year old entrepreneur recommended to him an insurance plan that covered all major critical illnesses. However, this plan came with a premium which was costlier than most other plans but quite high as percentage of his monthly earnings.
Not knowing what to do, he trusted his instincts and bought the plan he chose having reassured himself that he and his family lived a healthy lifestyle. One day, tests revealed that his father was suffering from Parkinson’s disease. When consulting his insurance company on which hospital to admit his father, he learnt that his insurance plan did not cover Parkinson’s disease.
A most basic definition of health insurance explains that if you suffer from illnesses or injuries after purchasing health insurance, you will only be responsible for a certain percentage of the medical costs. However, this process is based on what your health insurance policy covers. Hence, it is vital to choose the right insurance.
Go through all major insurance websites and jot down the ‘pros and cons’ of every health insurance plan. The next step is to compare them. Comparing insurance plans gets your job half-done. Every plan has its own set of disadvantages that you should keep an eye out for. Call the toll-free number given on the website and question the customer care representative about their health care plan’s coverage.
Health insurance policies generally cover maternity expenses. Many policies cover vision defects and external aids but don’t cover dental expenses. Several fast-rising insurance companies today have started offering coverage for ayurvedic therapy treatments too. Some of these health care plans offer a no-smoking benefit for non-smokers.
Buying health insurance online has become a staple process as it saves us the time we spend with an insurance agent. The use of an online health insurance calculator is also necessary as it will accurately tell you how much you should insure for. Purchasing a convenient and comprehensive health insurance will financially protect you and your family.
Chola MS offers a variety of health insurance products that provides your entire family lifelong financial coverage. What’s more, you can top up your existing health coverage and enjoy maximum benefits! These health insurance plans cover maternity and also provide medical coverage for dental expenses and ayurvedic therapy treatments.
Jennifer sheba is an author for Chola MS General Insurance. She has written various articles on Travel Insurance. For information visit our site Chola MS General Insurance Company.
