10 Tips to buy the right health insurance plans for parents

health insurance

The medical costs are increasing day by day in India and most people can’t afford them when it comes to treatments. Therefore, one should consider buying a health insurance plan that will cover expenses for illnesses and other services. Health insurance involves various types, and one should evaluate them in detail. Buying Arogya Sanjeevani health insurance policy allows policyholders to get coverage for various things. It is a comprehensive plan that satisfies the needs of individuals and families. The policy gives ways to ensure high protection from expensive medical bills to lead a problem less life.

Also Read: Major Types Of Health Insurance Policies

How to buy the best insurance plans for parents?

While buying insurance for parents, customers should keep certain things in mind that will help a lot to accomplish goals. Moreover, it enables a person to buy a plan which exactly suits his/her parents.

Here are some tips to follow while purchasing a health insurance plan for parents.

1. Opting for an adequate coverage

Not all insurance plans are the same and one should find a plan with adequate coverage that is sufficient to cover the expected medical costs for parents. It is wise to select a plan with a high sum insured amount to overcome medical inflation. Having adequate coverage allows a policyholder to get treatment for critical illnesses and other services.

2. Looking for comprehensive coverage

Buying health insurance with comprehensive coverage provides ways to claim amounts for all possible medical expenses. Apart from that, it is imperative to ensure that the benefits satisfy the requirements of a policyholder. For example, a health insurance plan should cover amounts for routine health check-ups that will help to meet essential needs.

3. Checking the limits and sub-limits

It is necessary to check whether a health insurance plan has limits and sub-limits with more attention. Those interested to purchase a policy for their parents should evaluate them properly that will help accomplish goals in the coverage process.

4. Hospital networks of a company

When buying health insurance plans, one should check the hospital network of a company in detail. Furthermore, it will help know whether they include the nearby hospitals in a city which gives ways to get high-quality treatments accordingly. Not only that, it allows parents to get admission into hospitals as soon as possible during emergencies.

5. Waiting period

All health insurance plans have a waiting period that ranges from 30 days to 90 days. On the other hand, they are valid for those who don’t have any pre-existing conditions. The waiting period for pre-existing illnesses may range from 12 months to 48 months. Hence, it is important to check them correctly before buying a policy.

6. Rider coverage

Most health insurance plans offer rider coverage for policyholders which are available at premium prices. Riders are optional and a policyholder can buy or renew the same accordingly. They provide additional coverage features such as critical illness coverage, personal accident coverage, cash allowance, OPD cover, etc.

7. Flexibility

Flexibility is an important factor to consider while purchasing a new health insurance plan from the markets. Customers should know that whether a policy provides flexibility to policyholders when it comes to renewal, tenure, add-ons, the sum insured, etc.

8. Co-payments

It is important to look out for co-payments in a health insurance plan. A person should always pick up a policy with the lowest co-payments that will help meet essential needs in the coverage process.

9. Claim success rates

Policy buyers should evaluate the claim success rates (CSR) of an insurance company when purchasing a plan. They should ensure that the claim procedures are simple to follow that give ways to receive amounts as soon as possible.

10. Checking the exclusions

Policy buyers should check the exclusions when buying a new health insurance plan from a company. This, in turn, paves ways to make the right decision that will help claim amounts accordingly. Buying the right type of health insurance enables a policyholder to provide the best coverage for parents.

Where to purchase the Arogya Sanjeevani health insurance?

Anyone who wants to buy the Arogya Sanjeevani comprehensive health insurance should choose a reputed company after making complete research. Care Health Insurance offers the Arogya Sanjeevani plan at affordable rates. It makes feasible ways to buy the policy online thereby showing ways to save time. Apart from that, the company provides a grace period of 30 days when policyholders want to renew their plan. The plan involves no upper age limit allowing a person to get coverage for parents for a lifetime. Some of the features included in the plan include pre-hospitalization, post-hospitalization, cataract treatment, cumulative bonus, ambulance cover, 5% co-payment, and so on. The company gives ways to ensure wider coverage for parents at premium discounts to experience peace of mind from high medical costs.