Sep 23, 2013
Health is the most important aspect of one’s life. In today’s world, awareness is increasing about diseases and their impact on our lives. People are trying to get a health insurance policy for their families and themselves. Health insurance is a method or scheme in which you invest from time to time so that it covers your medical or hospital expenses in times of need. It may also extend to your family members. It depends on the type of insurance coverage. Sometimes the “insured” pays the costs from his own pocket and is then reimbursed by the insurance company or the “insurer” makes the payment directly to the provider. In health insurance terminology provider means the hospital, the clinic, the diagnostics center, the laboratory, pharmacy etc.
The coverage benefits and plans differ from scheme to scheme and vary with the insurance companies. A health insurance plan enables you to take extra care of your health with regular checkups. This is an incentive and an easy way to go for regular health checkups, which are otherwise delayed until something drastic takes place. It needs a nominal pay in comparison to the actual price bill and it also lowers your medical bills. Individuals pay a specific amount on a monthly, quarterly or yearly basis to the concerned providers. When you purchase a health insurance plan then you will be provided with an identity card which allows you to show it at hospitals for free checkups. On the identity card you will get an insurance number and the insurance provider. In case you want to go for a direct claim then the hospital would send the medical bills to the insurer for the reimbursement process.