Importance of the Health Insurance

In today’s world of instant gratification, everyone is just running overtime to fulfil their material desires. Everyone needs money to fulfil their material desires and objectives. Starting from the savings, various investments, and putting money into the various projects, everyone is busy in making their financial status much stronger and bigger than ever. With time, as everyone is running to make the financial status much stronger, we are giving much less attention to our health. Due to this, we face some sudden accidents or a sudden illness or disease. This leads to breaking all the financial arrangements. Costly medicines and health treatments require an unending amount of money. Such situations start cutting all over savings and stable financial growth. In order to cope up with the sudden illness, and the accidents, hospital bills, and various hidden tests, health insurance is the only answer. In the rise of current sudden Covid-19, Health insurance with surely protect the entire family. There are many significant advantages of health insurance that can control the enormous financial conditions of various families.
1.     Protects savings: - For health insurance, you just need to pay the yearly specified amount to the insurance company. Now, many medical emergencies are unpredictable. Treatment and the medical costs are increasing with time. Health insurance will not only save the family savings, but it will also cover the essential medical treatment costs from the hospitals.
2.    Cashless treatment: - In the case of the medical emergency, you are facing the financial crisis, you will get the benefit of cashless treatment with the health insurance policy number.
3.    Pre- and post-hospital charges: - Health insurance will also help you to get rid off from all the charges of the hospital from the time you are admitted to the time you are discharged.
4.    Free transportation: - Health policies cover the transportation cost of the ambulance and the private vehicle of the hospital.
5.    Tax- Benefit: - Health insurance also gives you the essential tax benefit under section 80D.
6.    Medical checkup and free medicines: - Health insurance provides free medical checkup provision. It also provides the free medicines with some prescribed policies.
7.    Free follow-up and checkup: - Insurance allows you to have the follow-up and the check-up with the no cost.
8.    Covers the room rent: - Health insurance covers the entire hospital room rent and expenses.
9.    Advantage of no claim bonus: - Bonus is paid to the insured person in case he does not claim for the insurance in the previous years.
10.  Easy registration: - Age proof, address proof and passport size are required for the insurance registration.
11. Beneficial for all senior citizens: - Health insurance is booster especially for the treatments on the senior citizens such as Heart-attack, Kidney-failure and cancer.
12.  Covers all the hidden costs: - The insurance covers all the  hidden medical treatment costs of all the tests conducted during the treatment.