Health insurance plans are a blessing at the time of paying huge hospital bills. They help the insured to get financial assistance from the insurance company during a medical emergency and protect their savings. With the widespread of diseases in recent times, health insurance is becoming increasingly popular. However, some health plans require applicants to go through a pre-policy medical check-up. Know all about pre-acceptance medical check-ups.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Who would you like to insure?
Do you have an existing illness or medical history?
This helps us find plans that cover your condition and avoid claim rejection
What is your existing illness?
Select all that apply
When did you recover from Covid-19?
Some plans are available only after a certain time
The check-up is conducted by the insurance company to draw out the risk factors before providing insurance to an individual. These are conducted if the person asking for insurance is more than a particular age, usually, 40 years or above or if the value is more than the average amount. There are a variety of criteria to provide policy cover to a client, depending on age, gender, and money input. However, the usual tests include a blood test, serum test, ECG, blood sugar, blood pressure, lipid profile, and blood count, among other generic tests.
These days, with the rise in competition among different policy firms, the companies are paying for the tests to attract customers. Either they pay-before-hand (entirely or some part of it) or pay after the deal is cracked, either way giving incentives to the customer. Through the tests, policyholders indeed get an insight into their health and thus take necessary care.
From the perspective of the company, the tests act as a paradigm against which the company can understand the situation and decide accordingly. Any pre-insurance illness would be revealed through the test and in this way, the policyholder cannot exploit the company's rights.
Also, it gets easier to file a claim for both the company and the individual. The chances for unfavorable results and unjust claims are reduced due to the efficient paperwork and these pre-medical tests as a witness.
Under the company's policy proposals and other terms and conditions, if the test shows any prolonged illness or deadly disorder, the company can sort out the issue by taking one of these steps-
Also, if someone hides a condition intentionally and the company discovers it at a later stage, it has the right to reject the policy and dismisses the claim in such a case.
For the clients, the medical test does seem a fuss. It is always the gathering up of courage whenever you step inside the hospital as to what if I have this or that, our hypochondriac self. Moreover, it is considered as a hurdle by anybody with already existing health issues because of the harsh policies of the company. But unless you don't come out, don’t give in to the risks, how can you even enjoy the benefits? Insurance agents also believe that medical check-ups sum up the conditions imposed for both the insurer and the client. Sudhir Sarnobat, CEO, Medimanage.com, says that it is always good to go for medical check-ups because it provides you an update on the health and gives a reference point to the insurance providers.
The Final Words - Health is a wealth
We all earn to keep ourselves healthy, fit, and sound. Loss of health is not negotiable. We can’t compromise with it as health is the most important pillar to keep us going. Health insurance is certainly a good measure to have a shield to guard your family and reduce stress during unlikely times, but it completely depends on you how you make out of it. With commercialization setting in and people fooling agencies by concealing their illness, it has become a necessary step on the part of companies to put a pre-medical test. Be fair; be wise; your health is in your hands.
15 Sep 2022Monkeypox has slowly and steadily spread to more than 85 countries...
06 Sep 2022As we grow old, the chances of developing a disease or a medical...
25 Aug 2022Ever since COVID-19 entered our lives, health insurance has come...
25 Jul 2022Monkeypox is the latest disease to make its way to India while we...
05 Jul 2022Barely any person has remained unaffected due to rising health...