Mediclaim plans are hospitaliation benefit plans that are offered by general and health insurance companies. Mediclaim plans ensure that your medical expenses are expensed, or reimbursed by the insurance company, in case you have to incur those during the coverage period. The best mediclaim policy takes care of medical expenses following hospitalization in case of sudden illness or any surgery.
Benefits of Mediclaim Policy Comparison
Mediclaim policy comparison can be done keeping in mind how you can apply for the benefit under the policy in case of an emergency. Whether you can access cashless facility wherein bills are directly paid by the insurance company to the hospital or can pay your bills in the hospital and get a reimbursement afterwards by submitting the same to the insurance company. Out of the two cashless mediclaim insurance india is of great advantage during medical emergencies.
a) Cashless health insurance facility reduces a customer’s financial burden and helps him recover with peace of mind.
b) It helps customers who do not have immediate liquid money for pay for their hospitalisation expenses.
Thus, while you compare mediclaim policy always consider your overall limits under the plan, the depth of coverage and the hospitals so that you avail excellent health care facilities offered by mediclaim insurance companies. The other points to consider while buying best mediclaim policy are following:
Sum Insured: It is the total annual liability under the policy; you should look at a plan that gives you the maximum coverage in your budget. Use the mediclaim premium calculator to calculate your corresponding premium.
Copayment: It means you claim amount will be divided amongst you and your insurance company by a certain percentage. It is wise to check for this option beforehand.
Limits on specific treatments: Insurers put limits on certain specific treatments such as cataract or cardiac treatments. Make sure that you are ok with these limits
Waiting period: Check the policy conditions for the various policies and get a clear picture of the waiting periods of specific diseases.
Hospital room rent and Maternity cover: Keep in mind the upper limits here and see if this covers the costs in the hospital of your choice. Check for various sub-limits.
Empanelled Hospitals: Check if your hospital is empanelled under the insurer. This would make life easier while availing cashless facility.
Day Care Treatments: Compare the list of day care procedures covered and choose the best for you
You can compare mediclaim plans offered by mediclaim insurance companies at policy bazaar.com and choose the best mediclaim policy as per your need