By Layla Isla
Buying health insurance can be overwhelming. There are so many types of plans, coverage options, and financial considerations to take into account. In order to make the best-informed decision about your health coverage, it is important to ask yourself the right questions before purchasing a plan. With careful research and an understanding of what you need from a health insurer, you will be better able to ensure that the policy you purchase fits your needs perfectly.
In this article, we have compiled a list of health insurance questionnaire that individuals should consider when looking for their next health insurance policy.
Q1. What are the Top Cashless Health Insurance in India?
A1. There are a number of cashless health insurance policies available in India. Some of the top 10 cashless health insurance in India include Reliance General Insurance, Star Health and Allied Insurance Company Limited, HDFC Ergo Health Insurance, Apollo Munich Health Insurance, Bajaj Allianz General Insurance Co Ltd., Max Bupa Health Insurance, Bharti AXA Life Insurance Co Ltd., Kotak Mahindra General Insurance Co Ltd., ICICI Lombard GIC Ltd., and United India Insurance Company Ltd.
Q2. What type of Health Insurance Plans are available?
A2. There are several types of health insurance plans available in India, such as family floater health insurance plans, individual health insurance plans, senior citizen health insurance plans, and specialized health insurance plans for women, children, or group/corporate employees.
Q3. What kind of Benefits do Health Insurance Plans Offer?
A3. The benefits offered by a health insurance plan depend on the particular policy you choose. Generally speaking, most policies provide coverage for pre-existing medical conditions, hospitalization costs (including room charges and doctor’s fees), daycare treatments, ambulance services, and critical illness coverage. Some insurers also provide additional benefits such as maternity and newborn baby cover, health check-ups, and personal accident cover.
Q4. Are Pre-Existing Medical Conditions Covered under Health Insurance?
A4. Most health insurance policies provide coverage for pre-existing medical conditions, provided that they are declared at the time of buying the policy, and the insurer is satisfied with all terms and conditions. However, different insurers have different rules concerning pre-existing conditions; it is, therefore, important to read through your policy documents carefully before signing up for a plan.
Q5. What do I need to know before Applying for Health Insurance?
A5. Before applying for a health insurance plan, it is important to research and compare different policies in order to find one that fits your needs and budget. Additionally, you should ensure that the insurer is reliable and financially sound in order to guarantee that the policy will be honored when it comes time to make a claim. Finally, make sure to read through all of the terms and conditions in your policy document carefully before signing up for coverage.
Q6. Are there any Exclusions in Health Insurance Plans?
A6. Yes, all health insurance plans have certain exclusions that are not covered under the policy. Generally speaking, these can include pre-existing medical conditions (if you do not declare them at the time of buying the policy), elective or cosmetic surgeries, treatments for sexually transmitted diseases and infertility treatments, as well as dental care and alternative therapies like acupuncture and homeopathy. Some policies also exclude coverage for preventive healthcare, such as immunization shots or regular check-ups. It is important to read through your policy document carefully in order to understand what is excluded from your coverage before purchasing a plan.
Q7. What is Co-Payment and Deductible?
A7. Co-payment (or co-pay) is the amount of money you pay out of pocket for a medical service before your health insurance kicks in and covers the remaining cost. Deductibles are also fees that must be paid before your coverage begins, but they refer to an annual limit or fee payable on all claims made under your policy during a particular year.
Q8. How do I Choose the Best Health Insurance Plan?
A8. Choosing the best health insurance plan depends on multiple factors such as your age, pre-existing medical conditions, budget, lifestyle, and family history. It is important to compare plans from different insurers before making a decision. Additionally, be sure to check the coverage limit, exclusions, and waiting period of any policy you consider.
Q9. What is a Waiting Period in Health Insurance?
A9. A waiting period is the amount of time you must wait before certain services or treatments are covered under your health insurance policy. Generally speaking, most insurers have a waiting period of 4-6 months for pre-existing medical conditions and 1-2 years for maternity coverage.
Q10. Are Medical Tests Mandatory for Buying Health Insurance?
A10. Most insurers do not require mandatory medical tests for individuals below the age of 45; however, if you are over the age of 45, some insurers may require that you undergo a medical test before they can approve your application for coverage. It is important to check with your insurer beforehand about any tests that may be required.
Conclusion
We hope that these questions and answers have provided you with a better understanding of health insurance policies so that you can make an informed decision and purchase the right plan for yourself or your family.
