Whether you are switching the health insurer or purchasing a health insurance, there are few points for beginners to consider before making up your mind to purchase the insurance.
Tips for Buying Health Insurance
- Make sure that the policy covers private accommodation in public hospitals. In most of the cases, you don’t see the insurance firm guaranteeing you fast access. Make sure that you have the best plan with decent access to the private hospitals.
Even if it covers little, it is better than not having access to the hospitals that levy extremely large bills.
- Check whether the hospitals are closer to your home. Most people prefer having the hospital nearer to their staying place, so that friends and relatives and can easily reach the hospital in emergency cases.
- Check and make sure that there are no shortfalls on precise procedures or treatments such as chemotherapy, radiotherapy, and orthopaedic. If you find a shortfall on the orthopaedic treatments, you need to consider the likelihood of the requirements.
- Check that the insurance plan that you are going for will cover major treatments like chemotherapy, colonoscopies, and radiotherapy in private hospitals – all these procedures will account for sixty to seventy percent of health insurance claims.
- Make sure that you have the coverage for CT and direct settlement MRI scans centres that are local to you.
- Try to make sure that you have coverage for chief cardiac procedures at all the major private hospitals or hi-tech or specialist centres.
- Check out that you have very low outpatient excess. It does ensure that you get decent money back from the outpatient savings and expenses.
- If you are looking for coverage that covers day-to-day benefits like GP, dentist or physiotherapist, then make sure that you get long-term benefit for the money. If you have children or you regularly visit doctor, plan yourself for the appropriate plan.
- Some of the plans will cost 5 to 6 times of the price that a doctor sees. If you usually attend the doctor once in a while or twice a year, it is worthwhile having such type of coverage.
- Check for the other values and benefits that will be more interesting for you like maternity benefits, health screening, and kids’ benefits. Consider health insurance requirements of all the individuals in the family. Consider various plans & coverage levels for each.