7 Important Points to note while taking Health Insurance:
Updated On: 08 Feb 2024
HEALTH DECLARATIONS : Providing accurate health status and pre-existing conditions is crucial for obtaining the right coverage. Any hiding or misrepresentation may lead to claim rejections
ROOM CAPPING : Opt for policies with no restrictions on daily Room Rent and ICU Limits to ensure least out of pocket expenses.
RESTORATION COVER : This cover reinstates the sum assured in case it is exhausted during the policy year, providing continuous coverage for all members.
SUB LIMITS : Check out for Sub- Limits on certain treatments like Knee Cap surgery, Eye Cataract, Kidney Stones, Cancer etc so as not to get shocked at the time of claim.
MODERN TREATMENTS : Ensure your policy covers new-age Robotic Surgeries so as to keep pace with evolving healthcare technologies and therapies.
CO-PAYMENTS : Always check out for policies with zero Co-pay. People with existing Health conditions and above 60 years are issued policies with 20% to 50% Copay and the same can be reduced with a higher premium.
WELLNESS BENEFITS : Certain Health plans offer up to 30% reduction in renewal premium based on Steps taken that's connected to your Wearable Devices, promoting a healthy lifestyle
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