Jan Gst Kendra provides a variety of Health Insurance Plans like covid 19 insurance policy that offer financial protection to meet health-related emergencies. Due to shifting lifestyles, health issues have not just increased, they have increasingly become more complicated. It becomes important therefore to have a health insurance plan in place, thus your financial plan is half-done if you have not valued health. It covers medical expenses when the policyholders are hospitalized. it also covers cashless hospitalization facility at network hospitals during policy terms.
Medicare or medical costs are rising year on year. Inflation in medicare is higher than inflation in food and other articles. While inflation in food and clothing is in single digits, medicare costs usually escalate in double digits.
For an individual who hasn’t saved that much money, arranging for funds at the eleventh hour can be a task. This is particularly daunting for seniors, given that most ailments strike at an advanced age.
One way to provide for health-related / medical emergencies is by taking health insurance. Health insurance offers considerable flexibility in terms of disease/ailment coverage. For instance, certain health insurance plans cover as many as 30 critical illnesses and over 80 surgical procedures. The insurance plan disburses the payment towards surgery/illness regardless of actual medical expenses. The policy continues even after the benefit payment on selected illnesses.
With health insurance, you are assured of a more secure future both health-wise and money-wise. This makes health insurance policies critical for individuals, especially if they are responsible for the financial well-being of the family.
Cashless Treatment : If you are insured, you can get cashless treatments as your insurance company would work in collaboration with various hospital networks.
Pre and post hospitalization cost coverage : Insurance policy also covers pre and post-hospitalization charges up to the period of 60 days, depending on the insurance plans purchased.
Transportation Charges : Insurance policy also covers the amount paid to ambulance towards the transportation of insured.
No Claim Bonus (NCB) : This is the bonus element which is paid to the insured if the insured does not file a claim for any treatment in the previous year.
Medical Checkup : Insurance policy also provide options for health checkups. Free health checkup is also provided by some insurers based on your previous NCBs.
Room Rent : Insurance policy also covers room expenses depending on the premium being paid by the insured.
Tax Benefit : Premium paid on Health insurance is tax-deductible under section 80D of the Income Tax Act.
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