Busting the Myths Around Health Insurance

Insufficient knowledge leads to myths and doubts being created about anything in this world. More so for a product like a health insurance policy, since the awareness is low, people who aren’t able to make the right decision are devoid of the immense benefits of health insurance. Myths about health policy are quite a common thing that we heard.

Myths About Health Insurance Policy

Today, let’s help you break some myths that are keeping you from being safe and secure without spending a fortune:

1) I’m Healthy, I Don’t Need Insurance

This is the most common mistake all of us do think that being in good health keeps us safe forever. In this hectic life schedule, health is being affected sooner or later. Also, one has to keep himself and his loved ones safe in times of unforeseen medical emergencies like an accident or a critical illness.

You are healthy this is a good thing but it does not mean that you do not need a health policy, generally healthy people get the policy easily and at a very low premium. Getting a policy at a lower premium means that you have been rewarded for leading a healthy life. We never decide whether we need a health policy or not, it is our circumstances and responsibility that compel us to think about the health policy.

We always try to live a healthy life, even after a while we come to know that you are suffering from some disease, in today’s time getting treatment in the private hospital means the cost of lakhs. It is better that you buy a health policy so that tomorrow if there is any problem, then money will not be spent from your pocket and you will also get complete treatment.

2) My Employer has Taken Care of Me

Even if your employer has provided a group insurance policy, it will be only for a specific amount and will cover selective diseases only. You need a cover that caters to the needs of your family and for that, you have to choose the health insurance companies separately from what your employer has chosen for you.

Nothing is permanent in life and in such a situation, you are thinking that the company you are working for will always cover you, then you are probably wrong because of one bad day and you will be fired from your company and then you will not be covered by any health policy.

Life is full of ups and downs, and no one knows when you may have to turn. In such a situation, it is important for you to buy a private health policy and think less about employer insurance because as soon as you are out of the organization, you become better than employer insurance.

3) Health Plans are Complicated to Understand

The word insurance makes people think it must be very technical, hence very complex. The truth is the insurance products are being designed and explained to you in a manner that is easy to comprehend and follow. Plans are being made to simplify the whole process so you can make well-informed decisions.

It is said that what a person does not understand is wrong, now health policy is not a question of any math that you have to understand. There is a need to know health policy and when you will know about health policy only then you will be able to understand its correct use and will be able to use its benefits properly.

4) Expensive Policies, Myths about health policy

With so many insurance providers in the market, tough competition results in the customer being the king and getting the best products at a minimal cost. best health insurance companies are also the ones that take care of your pocket when designing plans to safeguard your health.

The policy will be cheaper and more expensive, it depends on the buyer of the insurance more than the seller of the insurance, because if the insurance company believes that if you want to buy a health policy, then the younger you buy the policy, then the cheaper you will get the policy, and if you want to buy the policy before If you have been suffering from any disease since then and you want that you should be insured, then the health policy can be expensive for you.

5) Online Health Insurance is not for Everyone

This is the biggest myth of all as people think that buying an insurance policy online is only the prerogative of a selected few. For, the rest of them have to depend only on the brokers or agents. The fact is, buying an insurance policy online makes it easier, more economical, and sensible for everyone.

6) Coverage of Pre-Existing Diseases

There is this myth being circulated that either the companies don’t cover pre-existing diseases or that they charge a gigantic amount for it. The truth is far from this fantasy. There are more and more insurance players, providing adequate cover for pre-existing diseases and at a cost that will suit your budget as well. All you have to do is do your little bit of research and you will be surprised to see options available in the market.

7) It is Only for Hospitalization

No, it is not. The health plans in the market also provide cover for pre and post-hospitalization expenses, including daycare expenses, which don’t require being hospitalized for more than 24 hours.

8) Can’t Change My Health Insurance Companies

If you have a good track record of paying premiums, have been insured without any breaks in between, and have been an ideal customer, you can switch to any insurance provider of your choice without losing out on any of the benefits you earned while being insured with your previous insurer.

9) Smokers and Drinkers can’t be Insured, Myths about health policy

Yes, they can, the only consideration is that they will have to shell out a higher premium than non-smokers or non-drinkers. Every Insurance company has a plan for every citizen of the country, provided you meet the necessary guidelines.

It is better for you to take the right decision by buying the best suited Health Insurance Policy. Buying online health insurance will be the quickest way possible to cover your health risks at the lowest possible cost with various Health plan benefits.