A cover for compensation of Hospitalisation and realted medical expenses, the cover extends to both pre and post hospital medical expenses. There various covers available in the market from Public sector, private and stand alone health insurance companies. The important aspects to be considered while buying an insurance cover are:
- The coverage of diseases
- The room rent restrictions and cappings
- The waiting periods for illnesses and surgeries
- The cashless tie up with various nearby as well as big hospitals
Dos & donts Post purchasing the cover,
- Do not let the policy lapse, renew on time to ensure no break in insurance. Waiting periods of illnesses require continuity in the same company.
- Switching insurers frequently is not advisable, hence consider various aspects of the cover to ensure effectiveness when required in the future.