While applying for a health insurance cover, there are certain do's and don'ts that one needs to keep in mind to ensure that they get the maximum benefit out of their policy. Explore here the guidelines that will help you to make an informed decision before you finalize on a health plan for yourself or family.
When you purchase a health care plan you should-
Market Research - Do thorough market research to get hold of the best health insurance plan. With a wide range of options available in the market today, it becomes difficult for the members to choose the suitable health plan that will fulfil the individual requirements. Exploring multiple options will prove to be of greater help.
Look for coverage options – Remember that there are certain restrictions on what is being covered and what is not. So, make sure you are aware of all the inclusions as well as exclusions beforehand.
Check for hospitals in the insurer's network- You should always check if your health insurer has a large network of hospitals through which you can receive the cashless treatment. So, it is advisable to look at the list of network hospitals before buying medical insurance.
Disclosure of pre-existing conditions – Before buying a health policy, you must disclose to your insurer, all the details regarding any pre-existing health problems, which include any major illnesses or medical conditions like diabetes or high blood pressure.
Required medical tests – Individuals applying for a health policy also needs to find out beforehand which medical tests are required to be done and who will bear the costs of these tests.
Submitting necessary documents – Individuals are required to submit all the necessary documents such as medical reports that the insurance company asks for depending upon your age at the time of buying the policy.
Go through the policy's terms and conditions- Always read the terms and conditions which are mentioned in the policy thoroughly. This will reduce the chances of any misunderstandings that may come up in future.
Following are some of the don’ts which you need to keep in mind-
Do not hide anything related to your health – You should never hide anything related to your health or the things that play an important part in getting a health policy issued. Else you might end up creating a dispute in the future when you will set out to make a claim.
Do not forget to research the insurance company- Buying only a suitable health insurance plan will not be sufficient, it is also important that you buy it from a reputed insurance company. An ideal insurance company will be the one which will assist you in buying the plan, resolve your concerned queries and provide you with the good after-sales service as well.
Do not be afraid of rejection- When you plan to buy health insurance, never be afraid of getting rejected. If in the case, your application gets rejected, you can reapply after knowing the mistakes which you have committed earlier.
Do not refrain from getting your doubts clear- It may be possible that you have a few queries or concerns regarding your health insurance. If so, do not hesitate to get in touch with your insurer to get your queries resolved. Remember that contacting an insurer directly will be more helpful as compared to asking around to get your doubts clarified.
Do not delay in renewing your policy- Making any delay in renewing your policy will ultimately put you at risk. As this could render your cover useless or insufficient. And, you will have to start a new policy again.
Before buying a health insurance policy to safeguard yourself and your loved ones, make sure you do not fail to tick off the above-mentioned points. It will help you to buy your ideal health plan in no time.