Considering the exponential rise of medical and healthcare expenses, availing a family health insurance policy is of paramount importance. However, choosing the ideal health insurance policy at an affordable premium is challenging as the Indian insurance market is flooded with lucrative schemes offered by leading insurers.
Thus, here are the factors that a policyholder must analyse before choosing a family health cover. Take a look at these aspects –
It is essential for insurers to go through the list of network hospitals before settling on a family insurance policy. Check if the insurance policy has hospitals within your vicinity and have sufficient options for you to choose form.
Furthermore, make sure the hospitals have cashless medical facilities with minimal formalities to avoid any hassle during a medical emergencies.
As treatment for most diseases covered by health insurance schemes does not start or end with hospitalisation, it is appropriate to check whether your family insurance scheme includes pre and post hospitalisation expenses. A health insurance policy must cover both of this expenditure.
Apart from things, ensure you are aware of the set of exclusions before settling on a health insurance scheme.
Read Also: Things to consider before buying a Family Health Insurance policy
Alisha Antil is your best financial helper for insurance. She has a vast experience in finance and insurance and provide to you the expert advise in insuring your property and health. She has in depth knowledge and has written more than 1200 blogs on topics related home and car insurance. She also provide you with knowledge about home improvement and cooking.