How to find an affordable Health Insurance plan?

India is country with mass population belonging to the middle class section of the society, who try to curtail their costs in order to sustain in today’s world, where cost of living index is too high. The ever increasing medical costs, complex treatment procedures, inflating economy and rising health hazards has made it necessary for all individuals to protect themselves and their families with a wide and affordable health insurance plan.

Every individual wants to be covered against every possible eventuality known, at the minimum premium amount and in this situation choosing a good health insurance product becomes their need. Although, many employers provide a medical insurance to their employees but it’s not sufficient to rely upon as it covers specific types of health concerns and secondly it’s a limited group plan. Therefore, it is better to have an individual or a family insurance plan for the long- term benefits, as group plan offers coverage only till he/she is on rolls of the company. At affordable cost, health policies provide comprehensive coverage with easy understanding. Once insured in a suitable health cover, the person or the covered members can enjoy wide ranging insurance benefits.

Various insurance companies are nowadays giving the facility of buying an affordable health insurance policy online. ‘Buy online’ feature has been designed for the customer’s ease, where he or she can make purchase a policy just with a few clicks of a mouse. It keeps an individual away from long and complex proceedings and keeps him or she acquainted with authentic information about the products and the Company updates. It also helps in saving time and energy.

Health Insurance Plan

There are various health websites that will inform an individual about the health insurance for pre-existing and existing diseases, short term insurances and best medicare products. It helps understand all policy related details to yield better results. The kind of benefits offered will differ from company to company, policy to policy and also in case of pre- existing illness etc. To ensure right decision, policy terms and conditions must be studied carefully. A close reading of the associated terms will help know the plan better and thus avail all the benefits offered.

It is advisable to quote the insurance amount that you need the health cover for through a suitable insurance premium calculator. These calculators give a clear idea about the amount to be invested in the form of policy premium. When you provide the required information like policy tenure, number of members insured and sum insured, accordingly, these calculators will provide you with the premium amount to be paid. Thereby, you can choose an affordable health insurance plan while keeping a check at one’s own pocket size as well.

Look for insurance companies that keep the policies transparent and live up to their promise of serving people with best- in class services. Claim procedure is yet another aspect which needs to be taken into consideration while taking a comprehensive health plan. Today, with various benefits and lucrative offers at affordable costs, people of all income levels can find an answer to their healthcare worries through Health insurance plan. Find a suitable health cover for self and enjoy quality health treatment that will ensure good health in future.

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Not Men, Women on Top in Buying Health Insurance Plans

Now, insurance companies in India must understand women buyers and their needs related to health insurance coverage. It has been observed that females are only decision makers when it comes to the purchase of 55% of healthcare plans and are partly involved in case of the leftover 45%.

Generally, majority of women initiated the buying procedure and it shows their independent nature. It means that buying process of all med claim policies involve women. In fact, this trend is rapidly increasing since last three years.

Health Insurance

As per reliable reports, women are searching for higher sum insured. Growing stress level and changing standard of living among other factors have exposed women to developing various health problems.

Health insurance claims related to maternity have seen a high percentage of claims across urban areas for women in the age group of 18-40 years. Today, people are very aware about the importance of med claim policies.

There has been an increase in the overall trend of preferring a higher sum insured. In this situation, gender may not have an important role to play. People who live in metro cities opt for higher sum insured and family floater policies are being selected over individual healthcare plans.

But, many women do not have a clear vision about health insurance plans because too many financial products in the market results to confusion. Usually, buyers believe that new born babies or in-laws are not insured under med claim policies. Insurers need to know that females have certain expectation about health coverage, including personalized services.

Source: http://blog.policyboss.com/health-insurance/men-women-top-buying-health-insurance/