There is no doubt that many of us spend a good portion of our income towards medical expenses. In many cases, this medical expenditure goes so high that people find it difficult to pay off. On the other hand, it becomes a must for a person to seek quality healthcare. Thus, in an attempt to make quality medical care accessible, family members look for various means to gather funds. In this attempt, they either borrow money or sell off household assets, either of which becomes a cause of financial stress for the entire family. It is, therefore, said that an individual should buy medical insurance to get medical expenses financed and to seek quality healthcare without any financial issue.
A heath insurance policy acts as a tool to balance high rising medical costs and finances. Thus, quality medical treatment is made affordable and accessible by health insurance providers, who always try to offer complete coverage to insured individuals. The insured can avail quality healthcare for the covered peril, when required. These products are devised, looking into healthcare needs of people during a medical emergency. There are various types of such products available in the Indian health insurance market. Each of them brings along with it a long list of benefits and facilities to help people in times of need.
To make medical treatment more accessible, the facility of cashless hospitalization is provided by the insurer to the insured. This facility helps the insured visit any network hospital for availing inpatient treatment on cashless basis. The policy holder can walk out of the hospital without paying for the medical expenses, as these are settled directly with the hospital by the insurer. This facility is supposed to be very beneficial, as it keeps insured individuals away from the more complicated claim procedure. The only point that one should have in mind is that this facility can be availed only in network hospitals.
If the insured seeks inpatient treatment for the covered peril in a non-network hospital, he/she can get the medical expenses reimbursed later by the insurer. Healthline has also proved to be a beneficial tool. It has made it easier for people to seek medical advice through a phone call. In addition to this, there are several more facilities that a policy holder gets along with medical insurance.
So, buy medical insurance today to have a secured tomorrow.