Health Insurance: During the Corona period, people are now getting more and more health insurance. So that at the time of any health related trouble, it can be easily treated. But in every circumstance it is not necessary that the insurance company bear the cost of your treatment. There are also some points where the insurance companies are not obliged to bear the cost of the treatment. And it is very important to be aware of those things before taking any health insurance or policy. If you have recently taken a health policy or are thinking about taking an insurance policy, then know these special things first.
Cannot claim in waiting period
A fixed period is set by the insurance companies for the initial period of time taken on taking the policy. In which no policy holder can claim for expenses under any circumstances. This period is known as the waiting period. This period can be of 1 month or up to 3 months. This simply means that if you have purchased a policy today, then you cannot claim under that policy till the waiting period.
These are the rules if these diseases are already there
If your body is already home to many diseases and you have recently taken or are going to take health insurance, then there is no need to panic because insurance companies cover them even if you already have a disease, but the screw is that its For this you can cover only after 36 to 48 months. That is, some companies keep a waiting period of 36 months for this and some 48 months. This means that you have to wait a long time for this feature. In such a situation, if your health declines in the middle, then you will have to bear the cost of the hospital yourself.
The rule of being admitted for 24 hours is necessary
If you want to claim under health insurance, then it is necessary that you have been admitted in the hospital for at least 24 hours. That is, if your health deteriorates, you will definitely have to be admitted for 1 day in the hospital. You can claim the amount from the insurance company only after submitting its documents.
Pay option may be costly
Its meaning is clear from the name Co Pay. Which means sharing of expenses. This option is also available while taking health insurance. This means that if someone’s health deteriorates, the cost of the hospital is borne by the insurance companies as well as the insured person. Suppose the insurance company will pay 90 percent of the total expenses in the hospital, while 10 percent has to be given to the policy buyer. But since you do not get much discount in this, this option may cost you dearly.
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