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| Health Cover |  The importance of taking health cover
Having a health cover you may avoid financial burde. In these days of huge healthcare costs, a medical insurance cover has become very important. You get access to quality healthcare by paying just a part of the cost as premiums on the policy.
Says Ujjaini Dasgupta, Head (Health insurance), Bajaj Allianz Life Insurance. The cover offered by health insurance companies can be usually divided into outpatient and hospitalisation cover, individually or in combination. This simply means various policies will propose you a various depth of cover. Some may give more emphasis to hospitalisation cover and offer extras like hospitalisation allowance.
Kartik Jain, Head (Marketing), ICICI Lombard General Insurance told that a research indicates that customers want to cover other medical expenses such as out-patient department (OPD) and dental and are also looking at taking full advantage of the increased tax limits under Section 80D.
What should you look for in an excellent health insurance cover?
Coverage
What are the different aspects that are covered under the policy should be your first concern. Is a higher pre- and post-hospitalisation cover significant or should you choose a policy that gives you a greater hospitalisation allowance.
Convenience
Seek for policy that has a good network of cashless hospitalisation in your city. The number of hospitals under the cashless settlement may mean nothing if there is not one near your residence. Some polices like ICICI Lombards Health Advantage Plus breaks up the cover into hospitalisation cover and OPD cover and have set various limits for each. Here the OPD bills like chemist bills etc can be build up over the year and settled at once.
Premiums
Health cover pricing has become deregulated and the customer can now enjoy a competitive pricing. So, one can select a policy that gives you the most at the lowest premiums.
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