Health Insurance: Coverage, Benefits, Types and How to Choose the Right Plan
Health insurance is a financial protection plan that helps cover eligible medical and hospitalisation expenses arising from illness, injury or other covered healthcare needs. With healthcare costs increasing, having adequate health insurance can help reduce the financial burden of unexpected medical treatment. A suitable health insurance policy can provide benefits such as hospitalisation coverage, pre- and post-hospitalisation expenses, daycare procedures, cashless treatment at network hospitals and coverage for specific illnesses or medical conditions, depending on the policy terms. What Is Health Insurance? Health insurance is an insurance policy that provides financial coverage for eligible healthcare expenses. Depending on the plan, the insurer may pay the covered expenses directly to the hospital through a cashless facility or reimburse eligible expenses after the policyholder submits the required documents. The coverage, exclusions, waiting periods, deductibles and oth...
