Features of Medical Health Insurance Plan

Features of Medical Health Insurance - Buying one of the best health insurance policies is not a tough task. Especially, when you are aware of your precise medical requirements and what your health insurance policy options have in store. 

If you're looking for a health insurance policy that caters to your medical needs to a tee or if you have come across a few health insurance policies that you find worth considering, this article is worth a read.

You can purchase the best polisy only after considering the major aspects such as sum insured range, premium, health insurance benefits, number of people covered, minimum and maximum. Lastly, make sure you pay major emphasis on coverage features, as most policyholders are unaware of their policy features and regret in the later run. 

For your help, here is a list of lesser-known health insurance features. Do remember to check them in your health insurance policy options to analyse which one covers the maximum features and how you can enhance your health insurance experience even more.

Top 11 features to secure your health with the best medical insurance policy include - 

1. Free Health Check-ups

There are multiple health insurance policies that offer free health check-ups once every four or five claim-free years. If your health insurance policy provides the free health check-up feature, it would be best to make its optimum use as long as it is within the predetermined limit.

2. Day Care Treatment

Health insurance policies that feature coverage for day care treatment help policyholders cover treatments under general or local anesthesia in a day care center or hospital, taking a time period of less than 24 hours.

3. No Claim Bonus

Health insurance policies with no claim bonus feature allow policyholders with an added advantage of no claim bonus if they don’t file a claim during the policy tenure. Note that the bonus could be either a discount in the premium during annual renewal or a higher sum insured.

4. OPD Treatment

Health insurance policy having the feature of OPD treatment coverage helps you manage outpatient expenses like the cost of medicines, consultation fees of the doctor, and pathological tests. What’s best is that you won’t require hospitalisation to make a claim.

5. AYUSH Treatment

When a policy comes with the feature of AYUSH treatment coverage, it allows you to undergo treatments such as Ayurveda, Unani, Siddha, and Homeopathy. So, if you require alternative treatment other than allopathic treatment, a policy with AYUSH feature will help you do so.

6. Convalescence/Recovery Benefit

Health insurance policies featuring convalescence benefit allow a lump sum cover to cover additional costs like a loss in income due to prolonged hospitalisation.  

7. Daily Cash Benefit

In health insurance policies providing daily cash benefit feature, insurers allow additional coverage for expenses other than the basic treatment. So, if your health insurance policy offers daily cash benefit or daily hospital cash allowance, it could help you with food, travel and hospital visit expenses.

8. Restoration of Sum Insured

Restoration of the sum insured means the insurer allows you to reinstate the entire sum insured in the policy year when it gets exhausted due to incurred claim. Certain policies that feature sum insured restoration element come as the best support even when you consume the entire sum insured amount within the policy term.

9. Organ Transplant

Health insurance plans that cover organ transplant include surgery costs, either as an add-on benefit or in full or in part. The scope of cover is limited to harvesting the donor and does not include donor’s hospitalisation costs, cost of screening, and post-surgical complications.

10. Dental Treatment & Bariatric Surgery

Certain health insurance policies have started including dental treatment once in every few years, but with sub-limits. Some also include bariatric surgery for obese policyholders to take care of their weight-related medical condition expenses.

11. Attendant Allowance

Many health insurance policies for children provide an allowance to an accompanying adult. Note that in most of the cases, the number of days for which the allowance is provided is pre-decided, along with the amount. 

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Conclusion 

Being aware of health insurance features your policy provides is always beneficial. Make sure you check all features in detail to make the best health insurance investment.

If interested in learning more about health insurance policies, benefits, and various features or if you want to buy the most suitable policy for you and your family, you can call us at 1800-1205-698.