Taking adequate health insurance cover for yourself and your family is a wise choice. However, the quality of health care you get when you need it depends entirely on your insurer and health insurance policy. Choosing the right health insurance at the right price is very important as there is yet another influx of COVID-19 cases in the country.
This excerpt explains the dos and don’ts while buying health insurance policies in the times of covid.
Functions: This will mainly help if you are looking for a family floater health plan with minimum and maximum entry age. In that case, all age groups in the family can be insured and covered under the standard health plan. Naval Goel, Founder and CEO, PolicyX.com, said, “The health insurance plan should offer a substantial amount of sum insured and features as the new version of Omicron is a super spreader that can infect multiple family members simultaneously. Is.”
Echoing similar views, Rakesh Goyal, Director, Probus Insurance Brokers Pvt Ltd, said, “Covid may come with high rates for its treatment as well as huge medical expenses given the current medical inflation. So, in such a situation, you should understand the medical needs of you and your family and choose a plan that provides adequate coverage in case of medical emergencies due to COVID or other diseases.”
You can also look for health insurance policies that offer in-network hospital facilities near you. You can avoid any hassle during medical emergencies by enrolling in network hospitals near your nearest resident.
Don’ts: Avoid negligence when buying, porting or upgrading your health insurance at this time. Make sure you do immense research and compare different online plans. Comparing and doing your homework of optimal research can help you find the best plan coverage at the best price, helping you save time and money.
Mint Takeaway: First of all, you need to make sure whether you are looking for comprehensive health insurance that covers initial consultation and diagnosis or a basic health insurance policy to save on premium? The second thing to consider is the total sum insured. “If you live in smaller or tier 2 and 3 cities, you should get a cover ranging from 5 to 7 lakh, whereas if living in a metro or tier 1 city, then a cover from Amit Chhabra, Head – Health Insurance, Policybazaar.com said, 10 to 15 lakhs is enough. Third, buy a health policy that can give you a reinstatement cover or a super top-up in case the total sum assured is fully utilized. Fourth, choose a policy that covers all your pre-existing diseases.
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