How to Choose the Best Medical Insurance Plans for Complete Healthcare Protection?

• Look for the kind of health coverage you want: Any health insurance plans offer two types of policies, a fixed benefit policy and an indemnity policy. You need to decide what to choose. When the fixed benefit plan helps you have a fixed amount of money, which is the sum insured, paid out to meet the expenses of the predetermined sickness for which you have insured for, the indemnity plan helps you reimburse the actual expenses incurred, up to the sum assured, during hospitalization. Since both the plans have merits and demerits, you can choose the one that gives you maximum benefits.
• Decide whether you need a family floater policy: Here the decision depends on your need and the amount of money you can pay as a premium monthly or quarterly. A family floater insurance policy helps cover every member in the family, but you may have to pay a higher amount as premium. The individual or single health insurance policy offers coverage only to you or anyone insured. The choice is yours and based on your condition and need.
• Look for cashless twsreatment facility: With this, you can avail medical facility not paying anything from your pocket.
• Check for sub-limits: While choosing the best medical insurance plan, look for the sub-limits, which is capping of the re-imbursement limit of some costs like room rent. Anything above the capped limit, you have to pay from your pocket.
• Look for treatment-wise limits: It is essential to check whether your health insurance plan covers specific or existing treatments, and if possible co-payment feature.