Online Health Insurance Policy

If you do not have health insurance and some unexpected health hazards comes in fort of you, in that condition, you not only worried about health, but you are probably more worried about medical costs. To avoided such financial disaster buy a health policy. It’s never too late to plan accordingly.

If you are looking for online health insurance company, many websites gives you the ability to get instant quotes online. But there is a keen possibility that you are not able to find the best policy at that place. 

When you start comparing online health insurance policies go through the following points to get the best available health policy-

• Identify the need - some medical needs can be anticipated for example if you are planning to start a family maternity coverage policy is your need. Or if you have family history of heart disease, you must have to make sure that your coverage includes the cost of cardiac diseases.
• Don’t overbuy - If you’re young and healthy: Don’t buy too much, Don’t wait too long.
  
• Check the network hospitals - It’s necessary to look up in the network doctors and hospitals before buying any mediclaim policy because Cashless Health Insurance Facility available only in network hospitals.
• Look at the limits - Check the annual benefit limits, time limits and Lifetime limits before buying mediclaim policies online.
• Walk through number of plans - You must have to walk through the best available plans offered by leading insurance companies. This will give you a analytical view of health insurance offerings. You can get detailed information at http://www.bajajcapitalinsurance.com/health-insurance/
• Pre and post hospitalization expenses - Pre and post hospitalization expenses are applicable for re-imbursement as per the guidelines issued by IRDA.
• Claim Process - The two possible ways for making Health Insurance Claim are: 
         * Cashless Bases: - Insurance Company pays directly to the network hospital for your treatment.
         * Reimbursement Claim: - Patient can be admitted to any of the hospital, money spends is paid by individual, which can be further compensated by the insurer as per the terms and conditions.

• Exclusions - you must be aware about the ailments that are covered and those that are not covered by your health insurance policy.        There are number of insurance exclusions that may be covered by some companies and may not by others insurance companies.

Bajaj Capital insurance

is associated with number of leading insurance companies in India to provide you with the information you need to compare, choose and buy your health insurance. 

Medical Treatment Made Easy

With the many of the survey it is proved that purchase of medical insurance can keep you healthy for a long time. Health insurance may be one of the most important purchases of your life. Health policy essentially covers your medical expenses. Like other insurance policies, Mediclaim Policy is a contract between the insurer and the individual/groups. Anyone can buy medical insurance for individual or for all family members as per the need. But before buying medical Insurance Policy one should understand the following claim processes.

There are two possible ways for making Health Insurance Claim:
1. Cashless Bases
2. Reimbursement Claim

Cashless Facility: - In cashless hospitalization schemes, Insurer pays directly to the hospital for your treatment. For Health-Insurance Claim on cashless bases, your treatment must be at network hospital. You do not have to pay bill with the hospital. The Insurance Company represented by the TPA, co-ordinates with the hospital and pays the bills.

Network Hospitals- Companies tie-ups with hospitals after checking the medical facilities and negotiating the rates, these hospitals are called network hospitals. Cashless Health Insurance Facility available only in network hospitals.

TPA (Third party Administrator licensed by the Insurance Regulatory and Development Authority (IRDA) ) - An organization that ensure better services to policyholders. It is a middle layer between the insurers and insured and provides cash less services at the time of hospitalization.

Reimbursement Claim: - Reimbursement is process of compensating someone for an expense. In reimbursement Mediclaim plan, the patient can be admitted to the any hospital. Money spent on the treatment paid by individual at that time, which can be further compensated by the insurance company as per the terms and conditions. For claiming a reimbursement, document related with the treatment like bills etc. have to produce in original while filling a claim. Following are the four common documents which have to be in original while filling Health Insurance Reimbursement-

* Hospital Bills.
* Discharge Slip of Hospital.
* Doctor's prescriptions.
* Diagnosis Reports.

Both Cashless and Reimbursement policies are very much common now these days, You can choose any one as per your need. But before buying any Health Insurance Policy must aware of the terms and conditions of the insurance provider.

Bajaj Capital Insurance provides you a comprehensive on-line insurance platform to compare and buy best insurance policies offered by leading insurance companies in India.

To know more about health Insurance and get a free insurance quote call 1860-266-1226, we will happy to assist you. For more information you can also log on to www.bajajcapitalinsurance.com.

Why Should I Go For A Health Insurance

Possibility to save tax and life time health cover are the enough reasons for buying a health insurance policy. Health insurance protect the policy holder from unexpected pay out of medical bills due to a medical emergency.
Depending on your age, job status etc there are many possible ways that you can get health insurance, including: Health insurance provided by an employer and Health insurance that you purchase on your own.
Following are the three Key benefits of health insurance policies if it is purchased by you:

    * You have the Choice of surgeon/doctor
    * You have the Choice of hospital
    * Shorter waiting periods for hospitalization

Health insurance policies are available from a sum assured of Rs. 5000 in minor insurance policies to Rs. 50 lakh or more sum assured in case of critical illness plans. In India most insurance companies offered policies between Rs. 1 lakh to Rs. 5 lakh sum assured in general.

Bajaj Capital Insurance provides their clients a free online insurance portal that will help you in choosing a health insurance policy that meets your needs and budget. Working together with all leading insurance companies in India Bajaj Capital Insurance aims to facilitate their valuable clients with the best services in the market. for more information call on 1860-266-1226 or write a mail info@bajajcapitalinsurance.com.

Will Health Insurance Covers Genetically Disorder Disease?

Insurance is all about risk, when we buy insurance we pay a regular premium and in returns, the insurer promises to pay our claims if something happens like serious illness or death. We have to provide the medical information to the insurance companies in order to decide what premium it is fair to charge us.

But all this fails in case of genetic diseases. According to medical experts, There are several children born with some genetic diseases and suffers due to lack of treatment because the costs anywhere between Rs 5 lake to Rs 1.5 corer annually. 

According to LSDSS (Lysosomal storage Disorders Support Society) Lysosomal storage Disorders are a group of 45 rare genetic disorder caused by deficiency of certain enzymes in certain compartments of the cells. 

But there is no specific Health Insurance Plan from any of the insurance providers for such a critical condition. As Recently IRDA issued the new guidelines for All the CEOs of Life Insurers, Non-Life Insurers, Standalone Health Insurers and TPAs but there is nothing for Genetic disorder diseases.

However, the Andhra Pradesh Government has been urged to bring the Arogyasri health insurance coverage as the treatment was expensive and beyond the reach of the common man for Lysosomal Storage Disorders (LSDs).