Our lifestyles have changed over the years and with rising pollution, food contamination, and sedentary lifestyle; it has become all the more vital to have a health insurance. This sudden rise in health issues is a cause of real concern. Moreover, the cost of treatment of the diseases can be quite high. Therefore, to cushion the blow in such a scenario, it is imperative to have a health insurance.
A personal health insurance covers the expenditure of hospitalization, surgery, treatment, organ transplantation, etc. of only a single person. It is crucial that the whole family is insured, and buying a different insurance plan for each person can be demanding. A family health insurance, on the other hand, covers the health-related expenses of the whole family including you, your spouse, dependent parent(s) or children. Even your sister, brother, brother-in-law or any other person or relative who is dependent on you and lives with you.
What does a Family Health Insurance Cover?
Each health insurance, family or personal, covers different expenses. Hence, make sure that if you are buying a health insurance online or via an agent, read all the documents and Terms & Conditions of the policy beforehand. However, an ideal family health insurance covers:
- Room rent of the hospital or the nursing facility, including the registration charges.
- Nursing expenses during the time at the hospital as per advised by the medical practitioner.
- Fees of doctors
- The expenses related to medication and other surgical equipment needs during the hospitalization.
- Medication of all sorts, including allopathic, homoeopathic, or Unani or any other.
How can you avail the insurance amount?
This, too, varies from policy to policy. Most insurance companies follow two methods:
- Daily allowance: If the hospitalization stay is for more than one day, then certain insurance companies provide daily allowance as per the policy.
- Reimbursement: You can also choose to get your treatment done and then get the whole expense reimbursed from the insurance company.