Dealing with the financial challenges that come with medical problems can be daunting. Hence, having medical health insurance is an effective way to mitigate such challenges. But despite this fact, people often overlook it, considering that it is an expense.
Hence,having Mediclaim insurance is one of the most cost-effective ways to provide you and your family with the right medical facilities. But with so many options, choosing the right one for your needs can be overwhelming.
That’s why it’s important to know the top features a best mediclaim policy must have while buying it. This article will help you explore the key features that you must consider while choosing a mediclaim plan. So let’s get started!
Post Contents
What is a Mediclaim Policy?
Mediclaim insurance is a cost-effective way to protect yourself against any health-related emergencies. These plans are designed to protect you financially against unexpected medical expenses arising from illness and injury. The plan covers the cost of the entire medical treatment.
Top 7 Features to Look at When Considering a Mediclaim Plan
Here are some of the features that one should consider when buying a mediclaim plan:
1. Right Amount of Premium
When considering a mediclaim plan, choosing the premium amount is an important feature to consider. You need to pay a premium amount to the insurance company for the policy. It is essential to choose a premium amount that is affordable for you, as you will need to pay this amount monthly or yearly. You should also ensure that the premium amount covers your most medical expenses in case of medical emergencies. Moreover, it is important to note that a lower premium amount may account for insufficient coverage. Hence, you must keep a watch on the premium.
2. Preventive Health Checkups
It is important to check the options for preventive health checkups under your medical insurance. This is important because, with the changing lifestyle, there has been an increase in health problems. Hence, getting regular health checkups is important. Preventive health checkups can help in the early detection of health problems and prevent serious illnesses from developing. These health checkups include various tests, including cancer screenings, MRIs, etc.
3. Cashless Settlement
Another important thing that you must keep in mind while buying mediclaim insurance is whether you have the option for cashless settlement or not. With cashless mediclaim, the insurance company directly pays the bills and medical expenses to the hospital. This implies you do not have to pay any expense from your pocket. A cashless mediclaim policy ensures you worry about your recovery without worrying about finances.
4. Coverage
You must know what your health insurance covers and doesn’t. Always check that its covers all your medical expenses, including hospitalisation charges, pre and post-hospitalisation expenses, day-care procedures and other such expenses. You should have a detailed idea about the coverage before choosing the plan.
5. Wide Network of Hospitals
You should also consider the network of hospitals your medical insurance covers. A mediclaim plan with a large number of hospitals provides you with greater flexibility in choosing the right hospital for treatment. This helps you in getting access to a better medical facility.
6. Maternity Benefits
Pregnancy-related expenses have significantly increased, making it crucial to have medical health insurance with maternity benefits. Couples planning a family must check that their policy provides maternity expenses like prenatal care, hospitalisation, and delivery charges.
7. Claim Process
When buying a mediclaim policy, it is important to consider the ease and speed of the claims process and settlement. You should look for an insurer with a reputation for quick and hassle-free claims settlement. Additionally, you should also consider the type of customer support the insurance company provides.
Conclusion
Mediclaim insurance can be a smart investment to protect yourself and your family from unforeseen medical emergencies. However, it is essential to carefully consider the features of the policy before making a purchase. You must consider the above-mentioned factors while purchasing medical insurance so that you have peace of mind in a medical emergency.
If you’re looking for a reliable medical insurance provider with comprehensive coverage, consider Niva Bupa the best health insurance company. With a wide network of hospitals and cashless treatment options, Niva Bupa can provide you with the financial protection you need. Check out their website today!