Health Cover- Finer Points

Health Insurance is becoming necessity in today’s age. Medical expenses are on the rise with better facilities among hospitals.
Now the question arises, how much health cover one should go for?

1. To decide on the amount one should first see how many people are in the family and how much you can afford.
2. Second thing that one should check what is max percentage on the total sum assured is towards room rent.
Most policies give 1 % so if your policy is for Rs 2 lakh, you can get room rent only for Rs 2000 where as good hospital rates are about 5000-8000, so in that case one should go for policy of 4 lakhs, if you want to get 100% paid back for room rent.

3. One should also ensure that the hospital that is nearest to you is empanelled for cashless facility under the company which you are going for health cover.

4, if your health insurance provider is giving you a health cover and if its total sum assured amount is less, one should opt for another health insurance policy itself.

5.If you have some pre existing disease check with your company, that by what period they will ensure that these diseases are covered.Most health cover after 2-4 years for pre existing diseases.

6. If you are young and just got married, check which Health insurance company covers Maternity charges and from which year and try to opt for that health insurance provider.